USDCAD Weekly Analysis – March 1, 2015
USDCAD remains in uptrend from 1.0619 (Jul 3, 2014 low), the fall from 1.2797 is likely consolidation of the uptrend. Key support is at the upward trend line on daily chart, as long as the trend line...
Category: Long Term Forex Analysis
USDJPY Weekly Analysis – March 1, 2015
USDJPY is forming a sideways consolidation in a range between 115.56 and 121.84. Another rise towards 130.00 could be expected after consolidation, and a break of 121.84 resistance could signal resumption of the uptrend from 101.06 (Jul...
AUDUSD Weekly Analysis – March 1, 2015
AUDUSD is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the bounce from 0.7625 could be treated as consolidation of the downtrend from 0.9504 (Jul 1,...
GBPUSD Weekly Analysis – March 1, 2015
GBPUSD continued its upward movement from 1.4950, and the rise extended to as high as 1.5551. Further rise is still possible, and next target would be at 1.5700 area. Near term support is now at 1.5300, only...
EURUSD Weekly Analysis – March 1, 2015
EURUSD stayed in the trading range between 1.1097 and 1.1533. As long as 1.1533 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3993 (May 8, 2014 high), another...
USDCAD Weekly Analysis – February 22, 2015
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619 (Jul 3, 2014 low), the fall from 1.2797 is likely consolidation of the uptrend. Deeper decline to 1.2250 area to complete...
USDJPY Weekly Analysis – February 22, 2015
USDJPY continued its sideways movement in a range between 115.56 and 121.84. As long as 115.56 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.06 (Jul 10, 2014...
AUDUSD Weekly Analysis – February 22, 2015
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high). As long as the trend line resistance holds, the rise from 0.7625 could be treated as consolidation...
GBPUSD Weekly Analysis – February 22, 2015
GBPUSD’s rise from 1.4950 extended to as high as 1.5479. Further rise could be expected, and the target would be at 1.5700 area. Support levels are at 1.5180 and 1.4950, only break below these levels could trigger...
EURUSD Weekly Analysis – February 22, 2015
EURUSD moved sideways in a range between 1.1097 and 1.1533. Near term resistance is at 1.1533, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from...