USDCAD broke below the support trend line of the price channel on 4-hour chart and continued its downward movement from 1.3793. Further decline could be expected and next target would be at 1.3300 area. Near term resistance is at 1.3540, followed by the top trend line of the channel, only a clear break above the … Continue reading "USDCAD Daily Analysis – May 25, 2017"
For more short term forex analysis and info visit via USDCAD Daily Analysis – May 25, 2017 . Thanks for your support.
Wednesday 24 May 2017
USDJPY Daily Analysis – May 25, 2017 Forex Analysis
USDJPY is now in uptrend from 110.23. Further rally could be expected over the next several days and next target would be at around 113.50. Support levels are at 110.80 and 110.23, only break below these levels could take price back to the downtrend from 114.36.
For more short term forex analysis and info visit via USDJPY Daily Analysis – May 25, 2017 . Thanks for your support.
For more short term forex analysis and info visit via USDJPY Daily Analysis – May 25, 2017 . Thanks for your support.
AUDUSD Daily Analysis – May 25, 2017 Forex Analysis
AUDUSD failed to break below the bottom support trend line of the price channel on 4-hour chart and rebound from 0.7442, indicating that the pair remains in uptrend from 0.7328. As long as the pair is in the channel, the upward movement could be expected to continue, and next target would be at around 0.7550. … Continue reading "AUDUSD Daily Analysis – May 25, 2017"
For more short term forex analysis and info visit via AUDUSD Daily Analysis – May 25, 2017 . Thanks for your support.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – May 25, 2017 . Thanks for your support.
GBPUSD Daily Analysis – May 25, 2017 Forex Analysis
GBPUSD moves in a bullish price channel on 4-hour, indicating that the pair remains in uptrend from 1.2365. As long as the pair is in the channel, the uptrend could be expected to continue, and further rise to 1.3100 area is still possible. Near term support is at the bottom of the channel and the … Continue reading "GBPUSD Daily Analysis – May 25, 2017"
For more short term forex analysis and info visit via GBPUSD Daily Analysis – May 25, 2017 . Thanks for your support.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – May 25, 2017 . Thanks for your support.
EURUSD Daily Analysis – May 25, 2017 Forex Analysis
EURUSD failed to break below 1.1161 support and moved sideways in a trading range between 1.1161 and 1.1267, indicating that the pair remains in uptrend from 1.0839 and the fall from 1.1267 could be treated as consolidation of the uptrend. As long as the 1.1161 support holds, the uptrend could be expected to continue and … Continue reading "EURUSD Daily Analysis – May 25, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – May 25, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – May 25, 2017 . Thanks for your support.
Subscribe to:
Posts (Atom)