AUDUSD Daily Analysis – November 9, 2016
AUDUSD’s upward movement from 0.7557 had completed at 0.7778 already. Deeper decline could be expected in a couple of days, and next target would be at 0.7550 area.
Category: Short Term Forex Analysis
GBPUSD Daily Analysis – November 9, 2016
GBPUSD is facing 1.2330 support, a breakdown below this level will indicate that the upward movement from 1.1946 had completed at 1.2557 already, then further decline to test 1.1946 previous low support could be seen. However, as...
EURUSD Daily Analysis – November 9, 2016
EURUSD remains in uptrend from 1.0851. Further rise could be expected over the next several days, and next target would be at 1.1300 area.
USDCAD Daily Analysis – November 7, 2016
USDCAD’s upward movement from 1.3005 extended to as high as 1.3465. Key support is at 1.3276, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3600 area.
USDJPY Daily Analysis – November 7, 2016
USDJPY remains in downtrend from 105.53, the bounce from 102.54 is likely correction of the downtrend. Another fall could be expected after correction, and next target would be at 100.50 area.
AUDUSD Daily Analysis – November 7, 2016
AUDUSD remains in uptrend from 0.7557, the fall from 0.7696 is likely consolidation of the uptrend. Further rise would likely be seen over the next several days, and next target would be at 0.7800 area. Support is...
GBPUSD Daily Analysis – November 7, 2016
GBPUSD’s upward movement from 1.2082 extended to as high as 1.2557. Further rise is still possible after a minor consolidation, and next target would be at 1.2650 area. Key support is at 1.2330, only break below this...
EURUSD Daily Analysis – November 7, 2016
EURUSD broke below the upward price channel on 4-hour chart, indicating that consolidation of the uptrend is underway. Range trading between 1.1000 and 1.1141 would likely be seen over the next several days. As long as 1.1000...
USDJPY Daily Analysis – November 4, 2016
USDJPY’s downward movement from 105.53 extended to as low as 102.54. Further decline is still possible after a minor consolidation, and next target would be at 101.00 area. Resistance is at 104.25, as long as this level...
AUDUSD Daily Analysis – November 4, 2016
AUDUSD broke above 0.7688 resistance, indicating that the downward movement from 0.7734 had completed at 0.7557 already. Further rise could be expected and next target would be at 0.7800 area. Support is at 0.7600, only break below...