USDCAD moved sideways in a trading range between 1.3264 and 1.3414. The pair is now testing 1.3414 resistance, a break of this level will confirm that the downward movement from 1.3535 had completed at 1.3264 already, then the following upward movement could bring price to 1.3500 zone. Support is at 1.3264, a breakdown below this … Continue reading "USDCAD Daily Analysis – April 4, 2017"
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Monday 3 April 2017
USDJPY Daily Analysis – April 4, 2017 Forex Analysis
USDJPY is forming a sideways consolidation in a range between 110.11 and 112.19. Resistance is at 112.19, a break of this level will confirm that the downtrend from 115.50 had completed at 110.11 already, then further rise to 114.00 area could be seen. Support is at 110.11, a breakdown below this level could signal resumption … Continue reading "USDJPY Daily Analysis – April 4, 2017"
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For more short term forex analysis and info visit via USDJPY Daily Analysis – April 4, 2017 . Thanks for your support.
AUDUSD Daily Analysis – April 4, 2017 Forex Analysis
AUDUSD is testing 0.7587 support, a breakdown below this level will indicate that the downtrend from 0.7749 has resumed, then deeper decline to 0.7500 area could be seen. On the upside, as long as 0.7587 support holds, the fall from 0.7679 would possibly be correction of the uptrend from 0.7587 and another rise towards 0.7750 … Continue reading "AUDUSD Daily Analysis – April 4, 2017"
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GBPUSD Daily Analysis – April 4, 2017 Forex Analysis
GBPUSD is facing the support of the upward trend line on 4-hours chart. A clear break below the trend line support will indicate that the downtrend from 1.2615 has resumed, then further decline to 1.2200 area could be seen. Resistance levels are at 1.2555 and 1.2615, only break above these levels could signal resumption of … Continue reading "GBPUSD Daily Analysis – April 4, 2017"
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EURUSD Daily Analysis – April 4, 2017 Forex Analysis
EURUSD continued its downward movement from 1.0905 and the fall extended to as low as 1.0642. As we mentioned yesterday, the resistance level is at 1.0705, as long as the pair is below this level, the downtrend could be expected to continue and next target would be at 1.0600 area. However, a break of 1.0705 … Continue reading "EURUSD Daily Analysis – April 4, 2017"
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For more short term forex analysis and info visit via EURUSD Daily Analysis – April 4, 2017 . Thanks for your support.
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