USDCAD is now in downtrend from 1.3537, and the fall extended to as low as 1.3211. Near term resistance is at 1.3300, as long as this level holds, the downtrend could be expected continue and next target would be at 1.3050 area. On the upside, a break of 1.3300 resistance will indicate that consolidation of … Continue reading "USDCAD Daily Analysis – June 14, 2017"
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Tuesday 13 June 2017
USDJPY Daily Analysis – June 14, 2017 Forex Analysis
No changed in our view, USDJPY remains in uptrend from 109.11, the fall from 110.81 could be treated as consolidation of the uptrend. Another rise could be expected after the correction and next target would be at around 112.00. Near term resistance is at 110.81, a break of this level could signal resumption of the … Continue reading "USDJPY Daily Analysis – June 14, 2017"
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For more short term forex analysis and info visit via USDJPY Daily Analysis – June 14, 2017 . Thanks for your support.
AUDUSD Daily Analysis – June 14, 2017 Forex Analysis
AUDUSD failed to break above 0.7566 resistance and continued its sideways movement on the 4-hour chart. Near term support is at 0.7500, as long as this level holds, the sideways move could be treated as consolidation of the uptrend from 0.7371 and further rise towards 0.7650 could be expected after the consolidation. Key support is … Continue reading "AUDUSD Daily Analysis – June 14, 2017"
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For more short term forex analysis and info visit via AUDUSD Daily Analysis – June 14, 2017 . Thanks for your support.
GBPUSD Daily Analysis – June 14, 2017 Forex Analysis
GBPUSD formed sideways movement in a trading range between 1.2634 and 1.2779 on its 4-hour chart. As long as the pair is below 1.2779 resistance, the price action in the range could be treated as consolidation of the downtrend from 1.3047, and another fall towards 1.2500 could be expected after the consolidation. On the upside, … Continue reading "GBPUSD Daily Analysis – June 14, 2017"
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EURUSD Daily Analysis – June 14, 2017 Forex Analysis
EURUSD is facing the resistance of the top trend line of the bearish price channel on its 4-hour chart. As long as the pair is in the channel, the bearish move from 1.1285 could be expected to continue and next target would be at around 1.1130. On the upside, A clear break of the channel … Continue reading "EURUSD Daily Analysis – June 14, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – June 14, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – June 14, 2017 . Thanks for your support.
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