USDCAD failed to break above 1.3540 resistance and stays in the trading range between 1.3387 and 1.3540. As long as 1.3540 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.3793, another fall towards 1.3200 is still possible after the consolidation. Only a clear break above 1.3540 … Continue reading "USDCAD Daily Analysis – June 12, 2017"
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Sunday 11 June 2017
USDJPY Daily Analysis – June 12, 2017 Forex Analysis
USDJPY continued its short term upward movement from 109.11 and the rise extended to as high as 110.81. Further rise could be expected and next target would be at around 111.30. Support levels are at 109.75 and 109.11, only break below these levels could trigger another fall towards 108.13 (Apr 17 low).
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For more short term forex analysis and info visit via USDJPY Daily Analysis – June 12, 2017 . Thanks for your support.
AUDUSD Daily Analysis – June 12, 2017 Forex Analysis
AUDUSD is in consolidation of the uptrend from 0.7371. Range trading between 0.7450 and 0.7566 would likely be seen over the next several days. Key support is at 0.7450, as long as this levels holds, the uptrend could be expected to resume, and further rise towards 0.7650 is still possible after the consolidation.
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For more short term forex analysis and info visit via AUDUSD Daily Analysis – June 12, 2017 . Thanks for your support.
GBPUSD Daily Analysis – June 12, 2017 Forex Analysis
GBPUSD is now in downtrend from 1.3047. Further decline could be expected over the next several days, and next target would be at 1.2600 area. Near term resistance is at 1.2850, as long as this level holds, the downtrend will continue.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – June 12, 2017 . Thanks for your support.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – June 12, 2017 . Thanks for your support.
EURUSD Daily Analysis – June 12, 2017 Forex Analysis
EURUSD’s fall from 1.1285 extended to as low as 1.1166. Deeper decline is still possible and next target would be at around 1.1130. However, as long as 1.1109 support holds, the fall would possibly be consolidation of the uptrend from 1.0569 (Apr 10 low), another rise towards 1.1450 could be expected after the consolidation. Resistance … Continue reading "EURUSD Daily Analysis – June 12, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – June 12, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – June 12, 2017 . Thanks for your support.
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