USDCAD remains in uptrend from 1.3009, the fall from 1.3535 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the uptrend could be expected to resume, and further rise to 1.3600 area is still possible.
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Sunday 12 March 2017
USDJPY Daily Analysis – March 13, 2017 Forex Analysis
USDJPY is now in uptrend from 111.68. Further rise could be expected over the next several days, and next target would be at 117.50 area. Support is at 113.55, only break below this level could trigger another fall to test 111.59 support.
For more short term forex analysis and info visit via USDJPY Daily Analysis – March 13, 2017 . Thanks for your support.
For more short term forex analysis and info visit via USDJPY Daily Analysis – March 13, 2017 . Thanks for your support.
AUDUSD Daily Analysis – March 13, 2017 Forex Analysis
AUDUSD remains in downtrend from 0.7740, the rise from 0.7490 is likely consolidation of the downtrend. Resistance is now at the top of the price channel on 4-hour chart. As long as the pair is in the channel, the downtrend could be expected to continue, and next target would be at 0.7400 area. Only a … Continue reading "AUDUSD Daily Analysis – March 13, 2017"
For more short term forex analysis and info visit via AUDUSD Daily Analysis – March 13, 2017 . Thanks for your support.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – March 13, 2017 . Thanks for your support.
GBPUSD Daily Analysis – March 13, 2017 Forex Analysis
GBPUSD stays in the descending price channel on 4-hour chart and remains in downtrend from 1.2569. As long as the pair is in the channel, the downtrend could be expected to continue, and next target would be at 1.2000 area. Key resistance is at 1.2215, only break above this level will indicate that the downtrend … Continue reading "GBPUSD Daily Analysis – March 13, 2017"
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For more short term forex analysis and info visit via GBPUSD Daily Analysis – March 13, 2017 . Thanks for your support.
EURUSD Daily Analysis – March 13, 2017 Forex Analysis
EURUSD broke above 1.0679 resistance, indicating that the pair is now in uptrend from 1.0493. Further rise would likely be seen in a couple of days, and next target would be at 1.0750 area. Support is at 1.0600, only break below this level could trigger another fall towards 1.0400.
For more short term forex analysis and info visit via EURUSD Daily Analysis – March 13, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – March 13, 2017 . Thanks for your support.
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