AUDUSD Daily Analysis – June 4, 2019
AUDUSD extended its upside movement from 0.6864 to as high as 0.6982. Further rise is still possible in a couple of days and next target would be at 0.7000 area. Near term support is at 0.6945, only...
Month: June 2019
GBPUSD Daily Analysis – June 4, 2019
GBPUSD remains in the downtrend from 1.3176, the price action in the trading range between 1.2558 and 1.2747 is likely consolidation for the downtrend. As long as 1.2747 key resistance holds, the downtrend could be expected to...
EURUSD Daily Analysis – June 4, 2019
EURUSD extended its upside movement from 1.1116 to as high as 1.1262, facing 1.1265 resistance, a breakout of this level could take the price to 1.1300 area. Near term support is at 1.1200, a breakdown below this...
USDCAD Daily Analysis – June 3, 2019
USDCAD extended its upside movement from 1.3357 to as high as 1.3564. Further rise could be expected and next target would be at 1.3600 area. Support is at 1.3480, a breakdown below this level could bring the...
USDJPY Daily Analysis – June 3, 2019
USDJPY extended it downside movement from 109.92 to as low as 108.17. Further decline could be expected after a minor consolidation and next target would be at 107.50 area. Near term resistance is at 108.60, a break...
AUDUSD Daily Analysis – June 3, 2019
AUDUSD broke above 0.6934 resistance, suggesting that the downside movement from 0.7205 had completed at 0.6864 already. Further rally could be expected and next target would be at 0.7000 area. Near term support is at 0.6898, only...
GBPUSD Daily Analysis – June 3, 2019
GBPUSD extended its downside movement from 1.3176 to as low as 1.2558. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as channel resistance holds, the downside...
EURUSD Daily Analysis – June 3, 2019
EURUSD failed to break below 1.1106 support and rebounded from 1.1116. Further rally would likely be seen in a couple of days and next target would be at 1.1250 area. Near term support is at 1.1140, a...
USDCAD Weekly Analysis – June 2, 2019
USDCAD broke above 1.3520 resistance, suggesting that the uptrend from 1.3068 has resumed. Further rise is still possible next weeks and next target would be at 1.3664 resistance. Key support is at 1.3357, only a breakdown below...
USDJPY Weekly Analysis – June 2, 2019
USDJPY broke below 109.01 support and extended its downside movement from 112.40 to as low as 108.27. As long as the price is below the falling trend line on the daily chart, the downside movement could be...