GBPUSD Daily Analysis – May 9, 2017
GBPUSD remains in uptrend from 1.2365. As long as the pair is in the ascending price channel on 4-hour chart, the uptrend could be expected to continue, and next target would be at 1.3100 area. Key support...
Tag: Price Channel
USDCAD Daily Analysis – May 8, 2017
USDCAD broke out of the bottom of the ascending price channel on 4-hour chart, indicating that the bullish movement from 1.3223 had completed at 1.3793 already. Further decline could be expected over the next several days and...
USDJPY Daily Analysis – May 8, 2017
USDJPY stays in a rising price channel on 4-hour chart and remains in uptrend from 108.13. As long as the pair is in the channel, the uptrend could be expected to continue and next target would be...
GBPUSD Daily Analysis – May 8, 2017
GBPUSD stays in the ascending price channel on 4-hour chart and remains in uptrend from 1.2365. As long as the pair is in the channel, the uptrend could be expected to continue and next target would be...
USDJPY Weekly Analysis – May 6, 2017
USDJPY is facing the resistance of descending price channel on daily chart. As long as the channel resistance holds, the rise from 108.13 could be treated as consolidation of the downtrend from 118.66, and another fall towards...
USDCAD Daily Analysis – May 5, 2017
USDCAD’s bullish movement from 1.3223 extended to as high as 1.3788. As long as the pair is in the ascending price channel on 4-hour chart, the upward movement could be expected to continue, and next target would...
USDJPY Daily Analysis – May 5, 2017
USDJPY remains in uptrend from 108.13, the fall from 113.04 would possibly be consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the pair is...
GBPUSD Daily Analysis – May 5, 2017
GBPUSD failed to break below the bottom of the price channel on 4-hour chart and rebounded from 1.2831, indicating that the pair remains in the uptrend from 1.2365. Further rise could be expected and next target would...
USDCAD Daily Analysis – May 4, 2017
USDCAD stays in a ascending price channel on 4-hour chart and remains in uptrend from 1.3223. As long as the pair is in the channel, the fall from 1.3757 could be treated as consolidation of the uptrend,...
USDJPY Daily Analysis – May 4, 2017
USDJPY’s bullish movement from 108.13 extended to as high as 112.89. As long as the pair is in the ascending price channel on 4-hour chart, the bullish move could be expected to continue, and next target would...