EURUSD Daily Analysis – August 3, 2017
EURUSD’s bullish movement from 1.1312 extended to as high as 1.1908. As long as the pair is in the rising price channel on its 4-hour chart, the bullish move could be expected to continue and next target...
Category: Short Term Forex Analysis
USDCAD Daily Analysis – August 2, 2017
USDCAD broke above the bearish trend line on its 4-hour chart and is now facing 1.2575 resistance. As long as this level holds, the price action in the trading range between 1.2413 and 1.2575 could be treated...
USDJPY Daily Analysis – August 2, 2017
USDJPY remains in downtrend from 112.19, the rise from 109.91 could be treated as consolidation of the downtrend. As long as 110.90 resistance holds, the downtrend could be expected to continue and next target would be at...
AUDUSD Daily Analysis – August 2, 2017
AUDUSD moved sideways in a trading range between 0.7875 and 0.8065. As long as 0.7875 key support holds, the sideways movement could be treated as consolidation of the uptrend from 0.7571, and further rise towards 0.8150 is...
GBPUSD Daily Analysis – August 2, 2017
GBPUSD remains in the uptrend from 1.2932. Further rise is still possible and next target would be at 1.3300 area. Support is at the rising trend line on the 4-hour chart, as long as the trend line...
EURUSD Daily Analysis – August 2, 2017
EURUSD stays in a bullish price channel on its 4-hour chart and remains in the uptrend from 1.1312. As long as the price is in the channel, the uptrend could be expected to continue and next target...
USDCAD Daily Analysis – August 1, 2017
USDCAD moved sideways in a narrow range between 1.2413 and 1.2575. As long as the price is below the bearish trend line on its 4-hour chart, the sideways movement could be treated as consolidation of the downtrend...
USDJPY Daily Analysis – August 1, 2017
USDJPY’s bearish movement from 112.19 extended to as low as 110.21. Further decline is still possible and next target would be at 109.00 area. Near term resistance is at 110.90, only break above this level could bring...
AUDUSD Daily Analysis – August 1, 2017
AUDUSD remains in uptrend from 0.7571, the fall from 0.8065 is likely consolidation of the uptrend. Range trading between 0.7875 and 0.8065 would likely be seen in a couple of days. As long as 0.7875 support holds,...
GBPUSD Daily Analysis – August 1, 2017
GBPUSD stays above a bullish trend line on the 4-hour chart and remains in uptrend from 1.2932, and the rise extended to as high as 1.3224. Further rise could be expected after a minor consolidation and next...