USDCAD Weekly Analysis – August 25, 2019
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.3015. As long as the price is above the trend line, the upside movement could be expected to continue, and...
Category: Long Term Forex Analysis
USDJPY Weekly Analysis – August 25, 2019
USDJPY stays below a falling trend line on the daily chart and remains in the downtrend from 112.40. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
AUDUSD Weekly Analysis – August 25, 2019
AUDUSD remains in the downtrend from 0.7081, the price action in the trading range between 0.6677 and 0.6821 could be treated as consolidation for the downtrend. As long as 0.6821 resistance holds, the downtrend could be expected...
GBPUSD Weekly Analysis – August 25, 2019
GBPUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.3381. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
EURUSD Weekly Analysis – August 25, 2019
EURUSD failed to break below 1.1026 support and stays in a trading range between 1.1026 and 1.1249. As long as 1.1249 resistance holds, the price action in the range could be treated as consolidation for the downtrend...
USDCAD Weekly Analysis – July 20, 2019
USDCAD stays below a falling trend line on the daily chart and remains in the downtrend from 1.3564. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
USDJPY Weekly Analysis – July 20, 2019
USDJPY moved sideways in a trading range between 106.77 and 108.99. As long as 108.99 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 112.40, further decline to 106.00...
AUDUSD Weekly Analysis – July 20, 2019
AUDUSD’s upside movement from 0.6831 extended to as high as 0.7081. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target...
GBPUSD Weekly Analysis – July 20, 2019
GBPUSD extended its downside movement from 1.3381 to as low as 1.2381, breaking below 1.2396 support. Further decline could be expected in a couple of weeks and next target would be at 1.2200 area. Resistance is at...
EURUSD Weekly Analysis – July 20, 2019
EURUSD is facing a support at 1.1180, a breakdown below this level could trigger further downside movement towards 1.1106, followed by 1.1000. Near term resistance is at 1.1300, a break of this level could bring the price...