USDCAD’s bullish movement from 1.3223 extended to as high as 1.3788. 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 1.3900 area. Key support is at 1.3679, only a breakdown below this level could signal completion … Continue reading "USDCAD Daily Analysis – May 5, 2017"
For more short term forex analysis and info visit via USDCAD Daily Analysis – May 5, 2017 . Thanks for your support.
Thursday 4 May 2017
USDJPY Daily Analysis – May 5, 2017 Forex Analysis
USDJPY remains in uptrend from 108.13, the fall from 113.04 would possibly be consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the pair is in the channel, the upward movement could be expected to continue, and next target would be at 114.00 … Continue reading "USDJPY Daily Analysis – May 5, 2017"
For more short term forex analysis and info visit via USDJPY Daily Analysis – May 5, 2017 . Thanks for your support.
For more short term forex analysis and info visit via USDJPY Daily Analysis – May 5, 2017 . Thanks for your support.
AUDUSD Daily Analysis – May 5, 2017 Forex Analysis
AUDUSD continued its downward movement from 0.7555 and the fall extended to as low as 0.7373. Further decline could be expected after consolidation and next target would be at 0.7300 area. Resistance is at 0.7465, as long as this level holds, the downtrend will continue.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – May 5, 2017 . Thanks for your support.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – May 5, 2017 . Thanks for your support.
GBPUSD Daily Analysis – May 5, 2017 Forex Analysis
GBPUSD failed to break below the bottom of the price channel on 4-hour chart and rebounded from 1.2831, indicating that the pair remains in the uptrend from 1.2365. Further rise could be expected and next target would be at 1.3100 area. Key support is now at 1.2831, only a breakdown below this level could signal … Continue reading "GBPUSD Daily Analysis – May 5, 2017"
For more short term forex analysis and info visit via GBPUSD Daily Analysis – May 5, 2017 . Thanks for your support.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – May 5, 2017 . Thanks for your support.
EURUSD Daily Analysis – May 5, 2017 Forex Analysis
After consolidation, EURUSD broke out of 1.0950 resistance and continued its bullish movement from 1.0569. Near term support is at 1.0900, as long as this level holds, the bullish move could be expected to continue, and next target would be at 1.1000 area. Key support is at 1.0820, only a breakdown below this level could … Continue reading "EURUSD Daily Analysis – May 5, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – May 5, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – May 5, 2017 . Thanks for your support.
Subscribe to:
Posts (Atom)