USDCAD Daily Analysis – April 3, 2017 Forex Analysis

USDCAD is facing 1.3264 support, a breakdown below this level will indicate that the downtrend from 1.3535 has resumed, then next target would be at 1.3100 area. Resistance is at 1.3414, a break of this level will confirm that the downtrend had completed at 1.3264 already, then the following upward movement could bring price to … Continue reading "USDCAD Daily Analysis – April 3, 2017"

For more short term forex analysis and info visit via USDCAD Daily Analysis – April 3, 2017 . Thanks for your support.

USDJPY Daily Analysis – April 3, 2017 Forex Analysis

USDJPY broke above 111.57 resistance, indicating that the downward movement from 115.50 had completed at 110.11 already. Further rally would likely be seen over the next several days, and next target would be at 114.00 area. Support is at 110.11, only break below this level will indicate that the pair remains in the downtrend, then … Continue reading "USDJPY Daily Analysis – April 3, 2017"

For more short term forex analysis and info visit via USDJPY Daily Analysis – April 3, 2017 . Thanks for your support.

AUDUSD Daily Analysis – April 3, 2017 Forex Analysis

AUDUSD remains in uptrend from 0.7587, the fall from 0.7679 is likely correction of the uptrend. Another rise could be expected after the correction and next target would be at 0.7750 area. Support is at 0.7587, only break below this level could bring price back to the downtrend from 0.7749.

For more short term forex analysis and info visit via AUDUSD Daily Analysis – April 3, 2017 . Thanks for your support.

GBPUSD Daily Analysis – April 3, 2017 Forex Analysis

GBPUSD remains in downtrend from 1.2615, the rise from 1.2376 is likely correction of the downtrend. As long as 1.2615 resistance holds, the downtrend could be expected to resume, and further decline to 1.2200 area is still possible after the correction. On the upside, a break of 1.2615 resistance will indicate that the uptrend from … Continue reading "GBPUSD Daily Analysis – April 3, 2017"

For more short term forex analysis and info visit via GBPUSD Daily Analysis – April 3, 2017 . Thanks for your support.

EURUSD Daily Analysis – April 3, 2017 Forex Analysis

EURUSD’s downward movement from 1.0905 extended to as low as 1.0650. Near term resistance is at 1.0705, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0600 area. On the upside, a break of 1.0705 resistance will indicate that correction for the downward movement is … Continue reading "EURUSD Daily Analysis – April 3, 2017"

For more short term forex analysis and info visit via EURUSD Daily Analysis – April 3, 2017 . Thanks for your support.