USDCAD Daily Analysis – March 19, 2018
USDCAD’s upside movement from 1.2803 extended to as high as 1.3110. Further rise is still possible and next target would be at 1.3200 area. Near term support is at 1.3050, as long as this level holds, the...
Category:
USDJPY Daily Analysis – March 19, 2018
USDJPY remains in the short term downtrend from 107.29. As long as 106.45 resistance holds, the downtrend could be expected to continue and further decline to test 105.24 support is possible. On the upside, a breakout of...
AUDUSD Daily Analysis – March 19, 2018
AUDUSD extended its downside movement from 0.7916 to as low as 0.7698, breaking below 0.7712 support. Further decline could be expected after a minor consolidation and next target would be at 0.7600 area. Near term resistance is...
GBPUSD Daily Analysis – March 19, 2018
GBPUSD stays above a rising trend line on its 4-hour chart, suggesting that the pair remains in the uptrend from 1.3711. As long as the price is above the trend line, the fall from 1.3995 could be...
EURUSD Daily Analysis – March 19, 2018
EURUSD broke below 1.2273 support. Further decline could be expected in the coming days and next target would be at 1.2155 support. Near term resistance is at 1.2340, only break above this level could bring price back...
USDCAD Weekly Analysis – March 18, 2018
USDCAD extended its upside movement from 1.2248 to as high as 1.3100. As long as the price is above the bullish trend line on the daily chart, the bullish move could be expected to continue and next...
USDJPY Weekly Analysis – March 18, 2018
USDJPY moved sideways in a trading range between 105.24 and 107.90. As long as 107.90 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 113.75 and a breakdown below 105.24 support could...
AUDUSD Weekly Analysis – March 18, 2018
AUDUSD broke below 0.7712 support, suggesting that the downtrend from 0.8135 has resumed. Further decline could be expected in a couple of weeks and next target would be at 0.7500 area. Key resistance is located at the...
GBPUSD Weekly Analysis – March 18, 2018
GBPUSD remains in the downtrend from 1.4345, the bounce from 1.3711 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and a breakdown below 1.3711 support could take price to next support...
EURUSD Weekly Analysis – March 18, 2018
EURUSD moved sideways in a trading range between 1.2154 and 1.2555. Another fall to test 1.2154 support would likely be seen next week. A breakdown below this level could take price to 1.1950 area. Below here would...