USDCAD’s bearish movement from 1.3347 extended to as low as 1.3012. Near term resistance is at 1.3080, as long as the pair is below this level, the bearish movement could be expected to continue and further decline to test the import support level at 1.2968 (Jan 31 low) is possible after a minor consolidation.
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Wednesday 28 June 2017
USDJPY Daily Analysis – June 29, 2017 Forex Analysis
USDJPY remains in uptrend from 108.81. Further rise could be expected in a couple of days and next target would be at 113.50 area. Near term support is at 111.80, only a breakdown below this level will indicate that lengthier consolidation for the uptrend is needed, then the following pullback could bring price back into … Continue reading "USDJPY Daily Analysis – June 29, 2017"
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For more short term forex analysis and info visit via USDJPY Daily Analysis – June 29, 2017 . Thanks for your support.
AUDUSD Daily Analysis – June 29, 2017 Forex Analysis
AUDUSD broke above 0.7635 resistance, indicating that the uptrend from 0.7371 has resumed. Further rise could be expected after a minor consolidation and next target would be at 0.7700. Near term support is at 0.7575, as long as this level holds, the uptrend will continue.
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For more short term forex analysis and info visit via AUDUSD Daily Analysis – June 29, 2017 . Thanks for your support.
GBPUSD Daily Analysis – June 29, 2017 Forex Analysis
GBPUSD rose strongly to as high as 1.2972. Near term support is now at 1.2870, as long as this level holds, the uptrend could be expected to continue and further rise to test 1.3047 resistance is possible in the coming days. The key support is located at the rising trend line on its 4-hour chart, … Continue reading "GBPUSD Daily Analysis – June 29, 2017"
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For more short term forex analysis and info visit via GBPUSD Daily Analysis – June 29, 2017 . Thanks for your support.
EURUSD Daily Analysis – June 29, 2017 Forex Analysis
EURUSD continued its bullish movement from 1.1118 and the rise extended to as high as 1.1390. Support is now at 1.1290, as long as this level holds, the uptrend could be expected to continue and next target would be at 1.1450 area. Only a breakdown below 1.1290 support could signal completion of the uptrend.
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For more short term forex analysis and info visit via EURUSD Daily Analysis – June 29, 2017 . Thanks for your support.
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