USDCAD Technical Analysis On April 27/2020 I posted on social media (Stocktwits/Twitter) @AidanFX “USDCAD Still possible the pair can extend lower below 1.4000. Possible momentum breakout lower at 1.4038” USDCAD 1 Hour Chart April 27.2020 : The chart below...
USDJPY Technical Analysis On April 8/2020 I posted on social media (Stocktwits/Twitter) @AidanFX “USDJPY Break below 108.60 can push the pair lower towards 108 area” USDJPY 1 Hour Chart April 9.2020 : The chart below was also posted...
USDCAD extended its upside movement from 1.3849 to as high as 1.4151. Further rise would likely be seen and next target would be at 1.4264 resistance. Near term support is at 1.4045, a breakdown below this level...
USDJPY failed to break above the top of the falling price channel on the 4-hour chart and pulled back from 107.49, suggesting that the pair remains in the downtrend from 109.38. Further decline would likely be seen...
AUDUSD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 0.5507 had completed at 0.6569 already. Further decline would likely be seen and next target would be at 0.6300 area....
GBPUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2246 had completed at 1.2642 already. Deeper decline would likely be seen and next target would be at 1.2200 area....
EURUSD extended its upside movement from 1.0727 to as high as 1.1018, breaking above 1.0990 resistance. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected...
USDCAD moved sideways in a trading range between 1.3849 and 1.4348. Another fall towards the rising trend line on the daily chart would likely be seen after the sideways movement. Resistance is at 1.4348, only break above...
USDJPY extended its downside movement from 111.71 to as low as 106.35, breaking below 106.90 support. Deeper decline is still possible and next target would be at 104.00 area. Near term resistance is at 108.10, only break...
AUDUSD broke above the falling trend line on the daily chart. Further rally would likely be seen after consolidation and next target would be at 0.6800 area. Key support is at 0.6250, only break below this level...
