EURUSD Weekly Analysis – June 30, 2019
EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.1106. Further rally is possible over the next several weeks and next target would be at 1.1600 area. Near term...
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USDCAD Daily Analysis – June 28, 2019
USDCAD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3228. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
USDJPY Daily Analysis – June 28, 2019
USDJPY remains in the uptrend from 106.77, the pullback from 108.16 is likely corrective consolidation for the uptrend. Another rise could be expected after consolidation and next target would be at 109.00 area. Support is at 107.40,...
AUDUSD Daily Analysis – June 28, 2019
AUDUSD extended its upside movement from 0.6831 to as high as 0.7009. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
GBPUSD Daily Analysis – June 28, 2019
GBPUSD remains in the downtrend from 1.2783. Deeper decline could be expected in a couple of days and next target would be at 1.2550 area. Resistance is at 1.2725, only break above this level could trigger another...
EURUSD Daily Analysis – June 28, 2019
EURUSD moved sideways in a trading range between 1.1344 and 1.1412. As long as 1.1344 support holds, the price action in the trading range could be treated as consolidation for the uptrend from 1.1181, further rise to...
USDCAD Daily Analysis – June 27, 2019
USDCAD broke below 1.3150 support, suggesting that the downside movement from 1.3432 has resumed. Further decline could be expected and next target would be at 1.3050 area. Resistance is at 1.3160, as long as this level holds,...
USDJPY Daily Analysis – June 27, 2019
USDJPY broke above 107.73 resistance, suggesting that the downside movement from 108.80 had completed at 106.77 already. Further rally could be expected in the coming days and next target would be at 108.50 area. Support is at...
AUDUSD Daily Analysis – June 27, 2019
AUDUSD’s upside movement from 0.6831 extended to as high as 0.6999. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next target...