AUDUSD Daily Analysis – October 3, 2017
AUDUSD continued its downside movement from 0.8102 and the fall extended to as low as 0.7795. Near term resistance is at the top trend line of the price channel on the 4-hour chart. As long as the...
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GBPUSD Daily Analysis – October 3, 2017
GBPUSD extended its downside movement from 1.3652 to as low as 1.3256. Near term resistance is at the bearish trend line on the 4-hour chart. As long as the price is below the trend line, the downside...
EURUSD Daily Analysis – October 3, 2017
EURUSD failed in its attempt to break above the top trend line of the price channel on the 4-hour chart and dropped down from 1.1832, indicating that the pair remains in the downtrend from 1.2029. Further decline...
CVR Energy (CVI) Daily Bullish Sequence
On November 2016, CVR Energy (NYSE: CVI) made an important low to end a daily correction from 2013 peak, up from there the stock either started a new bullish cycle to take it toward new all time highs or it’s just doing...
USDCNH Broke Above Major Resistance Trend Line
USDCNH extended its upside movement from 6.4412 to as high as 6.6777, breaking through a major bearish trend line on its daily chart, confirming that the bearish movement from 6.8588 had completed at 6.4412 already. On the...
AUDUSD Resistance Turned Support (Oct 02, 2017)
AUDUSD previously broke past the resistance around the .7750 minor psychological level then zoomed up to the .8100 area. From there, price retreated from the rally and is showing signs of a correction to the broken resistance....
USDCAD Daily Analysis – October 2, 2017
USDCAD extended its upside movement from 1.2061 to as high as 1.2532. As long as the price is above the rising trend line on the 4-hour chart, the uptrend could be expected to continue and next target...
USDJPY Daily Analysis – October 2, 2017
USDJPY remains in the uptrend from 107.31, the fall from 113.25 is likely consolidation of the uptrend. Near term support is at the bottom trend line of the price channel on the 4-hour chart. As long as...
AUDUSD Daily Analysis – October 2, 2017
AUDUSD moves in a bearish price channel on the 4-hour chart and remains in the downtrend from 0.8102. As long as the channel resistance holds, the downtrend could be expected to continue and next target would be...
GBPUSD Daily Analysis – October 2, 2017
GBPUSD stays in a falling price channel on its 4-hour chart, suggesting that the pair remains in the downtrend from 1.3652. As long as the price is in the channel, the downside movement could be expected to...