EURUSD Daily Analysis – March 27, 2017
EURUSD’s upward movement from 1.0494 extended to as high as 1.0849. Further rise is still possible in a couple of days and next target would be at 1.0900 area. Near term support is at the bottom of...
Category: Short Term Forex Analysis
USDCAD Daily Analysis – March 24, 2017
USDCAD is now in uptrend from 1.3264, the fall from 1.3409 is likely correction of the uptrend. Further rise is possible in a couple of days and next target would be at 1.3500 area. Support is at...
USDJPY Daily Analysis – March 24, 2017
USDJPY’s downward movement from 115.50 extended to as low as 110.62. Further decline is still possible after a minor consolidation and next target would be at 110.00 area. Near term resistance is at the top of the...
AUDUSD Daily Analysis – March 24, 2017
AUDUSD is now in downtrend from 0.7749. Further decline could be expected in a couple of days and next target would be at 0.7550 area. Resistance is at 0.7685, only break above this level could trigger another...
GBPUSD Daily Analysis – March 24, 2017
GBPUSD’s upward movement from 1.2109 extended to as high as 1.2531. Further rise is still possible after a minor consolidation and next target would be at 1.2600 area. Near term support is at the rising trend line...
EURUSD Daily Analysis – March 24, 2017
EURUSD remains in uptrend from 1.0494, the fall from 1.0824 is likely consolidation of the uptrend. Near term support is located at the bottom of the price channel on 4-hours chart. As long as the channel support...
USDCAD Daily Analysis – March 23, 2017
USDCAD broke above 1.3377 resistance, indicating that the downtrend from 1.3535 had completed at 1.3264 already. Further rally could be expected in a couple of days, and next target would be at 1.3500 area.
USDJPY Daily Analysis – March 23, 2017
USDJPY ran in the descending price channel on 4-hours chart and the downward movement from 115.50 extended to as low as 110.73. Near resistance is at the top of the price channel. As long as the channel...
AUDUSD Daily Analysis – March 23, 2017
AUDUSD broke below 0.7663 support, indicating that the uptrend from 0.7490 had completed at 0.7749 already. The pair is now in downtrend, further decline could be expected in a couple of days, and next target would be...
GBPUSD Daily Analysis – March 23, 2017
GBPUSD stays above the rising trend line on 4-hours chart, indicating that the pair remains in uptrend from 1.2109. As long as the trend line support holds, the uptrend could be expected to continue and next target...