USDCAD Daily Analysis – March 6, 2017
USDCAD continued its upward movement from 1.3009, and the rise extended to as high as 1.3436. Further rise could be expected after a minor consolidation and next target would be at 1.3500 zone.
Category: Short Term Forex Analysis
USDCAD Daily Analysis – March 3, 2017
USDCAD’s upward movement from 1.3009 extended to as high as 1.3401. Further rise could be expected after a minor consolidation, and next target would be at 1.3500 area. Support is at 1.3300, as long as this level...
USDJPY Daily Analysis – March 3, 2017
USDJPY is facing 114.95 resistance, a break of this level will signal completion of the downtrend from 118.66 (Dec 15, 2016 high), then the following upward movement could bring price to 117.50 area. Support is at 113.45,...
AUDUSD Daily Analysis – March 3, 2017
AUDUSD broke below 0.7605 key support, indicating that the uptrend from 0.7159 (Dec 26, 2016 low) had completed at 0.7740 already. Further decline could be expected after a minor consolidation and next target would be at 0.7400...
GBPUSD Daily Analysis – March 3, 2017
GBPUSD’s downward movement from 1.2569 extended to as low as 1.2241. Further decline could be expected after a minor consolidation, and next target would be at 1.2100 area. Resistance is at 1.2340, as long as this level...
EURUSD Daily Analysis – March 3, 2017
EURUSD is facing 1.0493 support, a breakdown below this level will signal resumption of the downtrend from 1.0828, then next target would be at 1.0400 area. Near term resistance is at 1.0550, only break above this level...
USDCAD Daily Analysis – March 2, 2017
USDCAD remains in uptrend from 1.3009. Further rise could be expected after a minor consolidation, and next target would be at 1.3500 area. Support level is at 1.3250, only break below this level could signal completion of...
USDJPY Daily Analysis – March 2, 2017
USDJPY’s upward movement from 111.68 extended to as high as 114.15. Further rise to test 114.95 resistance is possible in a couple of days. A break of this level will indicate that the downtrend from 118.66 (Dec...
AUDUSD Daily Analysis – March 2, 2017
AUDUSD broke below the channel support. Further decline to test 0.7605 key support would likely be seen in a couple of days. A breakdown below this level will confirm that the uptrend from 0.7159 (Dec 26, 2016...
GBPUSD Daily Analysis – March 2, 2017
After consolidation, GBPUSD broke below 1.2346 support and continued its downward movement from 1.2706. Further decline could be expected and next target would be at 1.2000 area. Resistance is now at 1.2400, only break above this level...