USDCAD’s upward movement from 1.3223 extended to as high as 1.3400. Further rise is still possible and next target would be at 1.3500 area. Support is at 1.3330, as long as this level holds, the uptrend will continue.
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Tuesday 18 April 2017
USDJPY Daily Analysis – April 19, 2017 Forex Analysis
USDJPY remains in downtrend from 112.19, the price action from 108.13 is likely consolidation of the downtrend. Resistance is 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 107.00 area. Only a … Continue reading "USDJPY Daily Analysis – April 19, 2017"
For more short term forex analysis and info visit via USDJPY Daily Analysis – April 19, 2017 . Thanks for your support.
For more short term forex analysis and info visit via USDJPY Daily Analysis – April 19, 2017 . Thanks for your support.
AUDUSD Daily Analysis – April 19, 2017 Forex Analysis
AUDUSD broke below 0.7535 support, indicating that the upward movement from 0.7473 had completed at 0.7610 already. Deeper decline to test 0.7473 support could be expected, a breakdown below this level will confirm that the downtrend from 0.7749 has resumed, then further decline to 0.7300 area could be seen.
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For more short term forex analysis and info visit via AUDUSD Daily Analysis – April 19, 2017 . Thanks for your support.
GBPUSD Daily Analysis – April 19, 2017 Forex Analysis
GBPUSD continued its upward movement from 1.2365 and the rise extended to as high as 1.2904. Further rise could be expected after consolidation and next target would be at 1.3000 area. Support levels are at 1.2755 and 1.2700, as long as these level holds, the uptrend will continue.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – April 19, 2017 . Thanks for your support.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – April 19, 2017 . Thanks for your support.
EURUSD Daily Analysis – April 19, 2017 Forex Analysis
EURUSD broke above 1.0689 resistance, indicating that the downward movement from 1.0905 had completed at 1.0569 already. The pair is now in uptrend, further rise could be expected over the next several days, and next target would be at 1.0800 area. Near term support is at 1.0675, as long as this level holds, the uptrend … Continue reading "EURUSD Daily Analysis – April 19, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – April 19, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – April 19, 2017 . Thanks for your support.
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