USDCAD Weekly Analysis – March 18, 2018
USDCAD extended its upside movement from 1.2248 to as high as 1.3100. As long as the price is above the bullish trend line on the daily chart, the bullish move could be expected to continue and next...
Category: Long Term Forex Analysis
USDJPY Weekly Analysis – March 18, 2018
USDJPY moved sideways in a trading range between 105.24 and 107.90. As long as 107.90 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 113.75 and a breakdown below 105.24 support could...
AUDUSD Weekly Analysis – March 18, 2018
AUDUSD broke below 0.7712 support, suggesting that the downtrend from 0.8135 has resumed. Further decline could be expected in a couple of weeks and next target would be at 0.7500 area. Key resistance is located at the...
GBPUSD Weekly Analysis – March 18, 2018
GBPUSD remains in the downtrend from 1.4345, the bounce from 1.3711 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and a breakdown below 1.3711 support could take price to next support...
EURUSD Weekly Analysis – March 18, 2018
EURUSD moved sideways in a trading range between 1.2154 and 1.2555. Another fall to test 1.2154 support would likely be seen next week. A breakdown below this level could take price to 1.1950 area. Below here would...
USDCAD Weekly Analysis – March 11, 2018
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2248. As long as the price is above the trend line, the fall from 1.3000 could be treated as consolidation...
USDJPY Weekly Analysis – March 11, 2018
USDJPY broke above the bearish trend line on the daily chart. Further rally to test 107.90 key resistance could be expected next week. A breakout of this level would indicate that the downside movement from 113.75 had...
AUDUSD Weekly Analysis – March 11, 2018
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7712 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 0.7500 area. Near term support is...
GBPUSD Weekly Analysis – March 11, 2018
GBPUSD is now in the downtrend from 1.4345. Further decline would likely be seen in a couple of weeks and next target would be at 1.3500, followed by 1.3000. Near term resistance is at the falling trend...
EURUSD Weekly Analysis – March 11, 2018
EURUSD is now in downtrend from 1.2555, the bounce from 1.2154 is likely correction for the downtrend. Further decline would likely be seen in a couple of weeks and a breakdown below 1.2154 support could take price...