EURUSD Daily Analysis – April 15, 2019
EURUSD extended its upside movement from 1.1183 to as high as 1.1323. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
Category: Short Term Forex Analysis
USDCAD Daily Analysis – April 12, 2019
USDCAD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3450 had completed at 1.3283 already. Further rally could be expected after a minor consolidation and next target would be...
USDJPY Daily Analysis – April 12, 2019
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 111.82 had completed at 110.84 already. The pair is now facing 111.82 resistance, a break of this level could take...
AUDUSD Daily Analysis – April 12, 2019
AUDUSD extended its upside movement from 0.7052 to as high as 0.7174, breaking above 0.7168 resistance. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected...
GBPUSD Daily Analysis – April 12, 2019
GBPUSD stays in a triangle pattern on the 4-hour chart. As long as 1.2960 support holds, the price action in the triangle could be treated as consolidation for the uptrend from 1.2396 (Jan 3 low), a breakout...
EURUSD Daily Analysis – April 12, 2019
EURUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.1183. Further rise could be expected in a couple of days and next target would be at 1.1300 area. Key...
USDCAD Daily Analysis – April 11, 2019
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3450. As long as the price is below the trend line, the downside movement could be expected to continue and...
USDJPY Daily Analysis – April 11, 2019
USDJPY stays below a bearish trend line on the 4-hour and remains in the downtrend from 111.82. As long as the trend line resistance holds, the downside movement could be expected to continue and next target would...
AUDUSD Daily Analysis – April 11, 2019
AUDUSD extended its upside movement from 0.7052 to as high as 0.7174. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
GBPUSD Daily Analysis – April 11, 2019
GBPUSD formed a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the uptrend from 1.2396 (Jan 3 low), a breakout of the upper border of the pattern could take the price to...