EURUSD Daily Analysis – June 8, 2018
EURUSD stays above a rising trend line on its 4-hour chart and remains in the uptrend from 1.1510. As long as the trend line support holds, the upside movement could be expected to continue and next target...
Category: Short Term Forex Analysis
USDCAD Daily Analysis – June 7, 2018
USDCAD failed to break below the bottom of the price channel on its 4-hour chart, suggesting that the pair remains in the uptrend from 1.2728. Another rise towards 1.3100 would likely be seen in the coming days....
USDJPY Daily Analysis – June 7, 2018
USDJPY extended its upside movement from 108.11 to as high as 110.26. As long as 109.37 support holds, the upside movement could be expected to continue and next target would be at 110.50 area. On the downside,...
AUDUSD Daily Analysis – June 7, 2018
AUDUSD extended its upside movement from 0.7476 to as high as 0.7676. Near term support is now at 0.7594. As long as this level holds, the upside movement could be expected to continue and next target would...
GBPUSD Daily Analysis – June 7, 2018
GBPUSD stays in a rising price channel on its 4-hour chart and remains in the uptrend from 1.3204. As long as the price is in the channel, the upside movement could be expected to continue and next...
EURUSD Daily Analysis – June 7, 2018
EURUSD extended its upside movement from 1.1510 to as high as 1.1799. 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...
USDCAD Daily Analysis – June 6, 2018
USDCAD dropped sharply from 1.3066 after breaking above 1.3046 resistance. However, as long as the price is in the rising price channel on the 4-hour chart, the fall could be treated as consolidation for the uptrend from...
USDJPY Daily Analysis – June 6, 2018
USDJPY’s upside movement from 108.11 extended to as high as 110.00. Further rise is still possible after a minor consolidation and next target would be at 110.40 area. Support is at 109.37, only a breakdown below this...
AUDUSD Daily Analysis – June 6, 2018
AUDUSD remains in the uptrend from 0.7476, the fall from 0.7666 is likely consolidation for the uptrend. Support is at 0.7580, as long as this level holds, the upside movement could be expected to continue and next...
GBPUSD Daily Analysis – June 6, 2018
GBPUSD stays above a rising trend line on its 4-hour chart and remains in the uptrend from 1.3204. As long as the trend line support holds, the uptrend could be expected to continue and next target would...