USDCAD is facing 1.3455 resistance, a break of this level will signal resumption of the uptrend from 1.3277, then next target would be at 1.3500 area. Support is at 1.3378, only break below this level will indicate that the uptrend had completed at 1.3455 already, then next target of the following downward movement would be … Continue reading "USDCAD Daily Analysis – April 6, 2017"
For more short term forex analysis and info visit via USDCAD Daily Analysis – April 6, 2017 . Thanks for your support.
Wednesday 5 April 2017
USDJPY Daily Analysis – April 6, 2017 Forex Analysis
USDJPY is testing 110.11 support, a breakdown below this level will signal resumption of the downtrend from 115.50, then further decline to 108.00 area could be seen. Key resistance is at 112.19, only break above this level will indicate that the downtrend had completed at 110.11 already, then the target of the following rebound would … Continue reading "USDJPY Daily Analysis – April 6, 2017"
For more short term forex analysis and info visit via USDJPY Daily Analysis – April 6, 2017 . Thanks for your support.
For more short term forex analysis and info visit via USDJPY Daily Analysis – April 6, 2017 . Thanks for your support.
AUDUSD Daily Analysis – April 6, 2017 Forex Analysis
AUDUSD continued its downward movement from 0.7679 and the fall extended to as low as 0.7532. Further decline to test 0.7490 support is possible in a couple of days. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend will continue. Key resistance … Continue reading "AUDUSD Daily Analysis – April 6, 2017"
For more short term forex analysis and info visit via AUDUSD Daily Analysis – April 6, 2017 . Thanks for your support.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – April 6, 2017 . Thanks for your support.
GBPUSD Daily Analysis – April 6, 2017 Forex Analysis
GBPUSD is forming a triangle pattern on 4-hour chart. Key support is at 1.2418, a breakdown below this level will confirm that the uptrend from 1.2109 had completed at 1.2615 already, then the following downward movement could bring price to 1.2200 area. Key resistance is at 1.2557, a break of this level will indicate that … Continue reading "GBPUSD Daily Analysis – April 6, 2017"
For more short term forex analysis and info visit via GBPUSD Daily Analysis – April 6, 2017 . Thanks for your support.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – April 6, 2017 . Thanks for your support.
EURUSD Daily Analysis – April 6, 2017 Forex Analysis
EURUSD moved sideways in a trading range between 1.0634 and 1.0705. As long as the pair is below 1.0705 resistance, the sideways movement could be treated as consolidation of the downtrend from 1.0905 and further decline to 1.0550 area is still possible. Only a break of 1.0705 resistance will indicate that the downward movement had … Continue reading "EURUSD Daily Analysis – April 6, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – April 6, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – April 6, 2017 . Thanks for your support.
Subscribe to:
Posts (Atom)