USDCAD Weekly Analysis – September 17, 2017
USDCAD stays below a bearish trend line on its daily chart and remains in the downtrend from 1.3793. As long as the price is below the trend line, the downtrend could be expected to continue and next...
Category: Long Term Forex Analysis
USDJPY Weekly Analysis – September 17, 2017
USDJPY broke above 110.94 resistance, indicating that the downside movement from 114.49 had completed at 107.31 already. Further rally could be expected in a couple of weeks and next target would be at 114.00 area. Support levels...
AUDUSD Weekly Analysis – September 17, 2017
AUDUSD stays above a bullish support trend line on its daily chart and remains in the uptrend from 0.7328. As long as the price is above the trend line, the uptrend could be expected to continue and...
GBPUSD Weekly Analysis – September 17, 2017
GBPUSD broke above 1.3267 resistance, and extended its bullish movement from 1.1987 to as high as 1.3616, facing the resistance at the bearish trend line on the weekly chart. Near term support is at 1.3145, followed by...
EURUSD Weekly Analysis – September 17, 2017
EURUSD remains in uptrend from 1.0569, the fall from 1.2092 is likely consolidation of the uptrend. Next support is at the bottom trend line of the price channel on the daily chart. As long as the channel...
USDCAD Weekly Analysis – September 10, 2017
USDCAD’s downside movement from 1.3793 extended to as low as 1.2061. Resistance is at the bearish trend line on the daily chart. As long as the price is below the trend, the downside movement could be expected...
USDJPY Weekly Analysis – September 10, 2017
USDJPY broke below 108.13 key support, indicating that the downtrend from 118.66 has resumed. Further decline could be expected over the next several weeks and next target would be at 106.50, followed by 103.60. Key resistance is...
AUDUSD Weekly Analysis – September 10, 2017
AUDUSD extended its bullish movement from 0.7328 to as high as 0.8124. Near term support is at the rising trend line on the daily chart, as long as the trend line support holds, the uptrend could be...
GBPUSD Weekly Analysis – September 10, 2017
GBPUSD’s rebound from 1.2774 extended to as high as 1.3224, facing the 1.3267 resistance. Further rise would likely be seen and next target would be at the top trend line of the price channel on the daily...
EURUSD Weekly Analysis – September 10, 2017
EURUSD continued its bullish movement from 1.0569 and the rise extended to as high as 1.2092. Near term support is at the bottom trend line of the price channel on the daily chart. As long as the...