USDCAD’s upward movement from 1.3223 extended to as high as 1.3757. As long as the pair is in the ascending price channel on 4-hour chart, the upward movement could be expected to continue, and next target would be at 1.3800 area. Key support is at 1.3530, only a breakdown below this level could signal completion … Continue reading "USDCAD Daily Analysis – May 3, 2017"
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Tuesday 2 May 2017
USDJPY Daily Analysis – May 3, 2017 Forex Analysis
USDJPY stays in a ascending price channel on 4-hour chart and remains in uptrend from 108.13. Near term support is at the bottom of the channel. As long as the channel support holds, the upward movement could be expected to continue, and next target would be at 113.00 area. Key support is at 110.87, only … Continue reading "USDJPY Daily Analysis – May 3, 2017"
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For more short term forex analysis and info visit via USDJPY Daily Analysis – May 3, 2017 . Thanks for your support.
AUDUSD Daily Analysis – May 3, 2017 Forex Analysis
AUDUSD is in short term uptrend from 0.7439. Further rise could be expected after a minor consolidation and the target would be at the top of the price channel on 4-hour chart. Support is at 0.7510, only break below this level will indicate that the short term uptrend is complete, then another fall towards 0.7300 … Continue reading "AUDUSD Daily Analysis – May 3, 2017"
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For more short term forex analysis and info visit via AUDUSD Daily Analysis – May 3, 2017 . Thanks for your support.
GBPUSD Daily Analysis – May 3, 2017 Forex Analysis
GBPUSD remains in short term uptrend from 1.2756. Support is now at 1.2864, as long as this level holds, the uptrend could be expected to continue and next target would be at 1.3100 area. On the downside, a breakdown below 1.2864 support will indicate that the short term uptrend had completed at 1.2965 already, then … Continue reading "GBPUSD Daily Analysis – May 3, 2017"
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EURUSD Daily Analysis – May 3, 2017 Forex Analysis
EURUSD is facing 1.0950 resistance again. A break of this level will indicate that the upward movement from 1.0569 has resumed, then next target would be at 1.1000 area. Support levels are at 1.0870 and 1.0820, only a break below 1.0820 support will indicate that the upward movement had completed at 1.0950 already, then the … Continue reading "EURUSD Daily Analysis – May 3, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – May 3, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – May 3, 2017 . Thanks for your support.
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