USDCAD moved above 1.3455 resistance and reached as high as 1.3490. Further rise could be expected after consolidation and next target would be at 1.3550 area. Support levels are at 1.3420 and 1.3380, as long as these levels hold, the uptrend will continue.
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Wednesday 19 April 2017
USDJPY Daily Analysis – April 20, 2017 Forex Analysis
USDJPY stays in the descending price channel on 4-hour chart and remains in downtrend from 112.19, the price action from 108.13 could be treated as consolidation of the downtrend. 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. On the … Continue reading "USDJPY Daily Analysis – April 20, 2017"
For more short term forex analysis and info visit via USDJPY Daily Analysis – April 20, 2017 . Thanks for your support.
For more short term forex analysis and info visit via USDJPY Daily Analysis – April 20, 2017 . Thanks for your support.
AUDUSD Daily Analysis – April 20, 2017 Forex Analysis
AUDUSD is facing 0.7473 support, a breakdown below this level will confirm that the downtrend from 0.7749 has resumed, then the following downward movement could bring price to 0.7300 area. Near term resistance is at 0.7535, only break above this level could trigger another rise towards 0.7650.
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For more short term forex analysis and info visit via AUDUSD Daily Analysis – April 20, 2017 . Thanks for your support.
GBPUSD Daily Analysis – April 20, 2017 Forex Analysis
GBPUSD remains in uptrend from 1.2365, the fall from 1.2904 is likely consolidation of the uptrend. Further rise is still possible after the consolidation and next target would be at 1.3000 area. Support levels are at 1.2755 and 1.2700, as long as these levels hold, the uptrend will continue.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – April 20, 2017 . Thanks for your support.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – April 20, 2017 . Thanks for your support.
EURUSD Daily Analysis – April 20, 2017 Forex Analysis
EURUSD remains in uptrend from 1.0569, the fall from 1.0737 is likely consolidation of the 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 1.0670 and the key support is located at the rising trend line on 4-hour chart, only … Continue reading "EURUSD Daily Analysis – April 20, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – April 20, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – April 20, 2017 . Thanks for your support.
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