USDCAD’s upward movement from 1.3223 extended to as high as 1.3499. Further rise is still possible after a minor 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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Thursday 20 April 2017
USDJPY Daily Analysis – April 21, 2017 Forex Analysis
USDJPY is facing the resistance of the descending price channel on 4-hour chart. A clear break above the channel resistance will indicate that the downtrend from 112.19 had completed at 108.13 already, then further rise to 110.50 area could be seen. On the downside, as long as the channel resistance holds, the rise from 108.13 … Continue reading "USDJPY Daily Analysis – April 21, 2017"
For more short term forex analysis and info visit via USDJPY Daily Analysis – April 21, 2017 . Thanks for your support.
For more short term forex analysis and info visit via USDJPY Daily Analysis – April 21, 2017 . Thanks for your support.
AUDUSD Daily Analysis – April 21, 2017 Forex Analysis
AUDUSD remains in downtrend from 0.7610, the rise from 0.7491 is likely consolidation of the downtrend. Further decline to test 0.7473 support is possible, and a breakdown below this level will signal resumption of the downtrend from 0.7749, then next target would be at 0.7300 area. Resistance is at 0.7550, only break above this level … Continue reading "AUDUSD Daily Analysis – April 21, 2017"
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For more short term forex analysis and info visit via AUDUSD Daily Analysis – April 21, 2017 . Thanks for your support.
GBPUSD Daily Analysis – April 21, 2017 Forex Analysis
GBPUSD is in consolidation of the uptrend from 1.2365. Range trading between 1.2700 and 1.2904 is possible in a couple of days. As long as the pair is above 1.2700 support, the uptrend could be expected to resume, and further rise to 1.3000 area is still possible after the consolidation.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – April 21, 2017 . Thanks for your support.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – April 21, 2017 . Thanks for your support.
EURUSD Daily Analysis – April 21, 2017 Forex Analysis
EURUSD’s upward movement from 1.0569 extended to as high as 1.0777. Near term support is at 1.0699, as long as this level holds, the fall from 1.0777 could be treated as consolidation of the uptrend and further rise to 1.0830 area is still possible after the consolidation. Key support is located at the bottom of … Continue reading "EURUSD Daily Analysis – April 21, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – April 21, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – April 21, 2017 . Thanks for your support.
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