USDCAD Daily Analysis – July 14, 2017 Forex Analysis

USDCAD remains in downtrend from 1.3347, the rise from 1.2680 could be treated as consolidation of the downtrend. Range trading between 1.2680 and 1.2820 would likely be seen in a couple of days. Near term resistance is at 1.2680, as long as this level holds, the downtrend could be expected to resume after the consolidation … Continue reading "USDCAD Daily Analysis – July 14, 2017"

For more short term forex analysis and info visit via USDCAD Daily Analysis – July 14, 2017 . Thanks for your support.

USDJPY Daily Analysis – July 14, 2017 Forex Analysis

USDJPY failed to break below 112.74 key support and rebounded to 113.57. However, another fall to retest 112.74 support is still possible, a breakdown below this level will indicate that the uptrend from 108.81 had completed at 114.49 already, then the following correction pullback could bring price back into 111.50 zone. On the upside, as … Continue reading "USDJPY Daily Analysis – July 14, 2017"

For more short term forex analysis and info visit via USDJPY Daily Analysis – July 14, 2017 . Thanks for your support.

AUDUSD Daily Analysis – July 14, 2017 Forex Analysis

AUDUSD broke above 0.7712 resistance, suggesting that the uptrend from 0.7328 (May 9 low) has resumed. Further rise is possible in a couple of days and next target would be at 0.7800 area. Support level is now at 0.7700, only a breakdown below this level could bring price back into 0.7640 zone.

For more short term forex analysis and info visit via AUDUSD Daily Analysis – July 14, 2017 . Thanks for your support.

GBPUSD Daily Analysis – July 14, 2017 Forex Analysis

GBPUSD broke above the falling trend line on its 4-hour chart, suggesting that the short term downtrend from 1.3029 had completed at 1.2811 already. Further rise to test 1.3029 resistance could be seen and a break of this level could take price into 1.3200 zone. Support levels are at 1.2870 and 1.2811, only break below … Continue reading "GBPUSD Daily Analysis – July 14, 2017"

For more short term forex analysis and info visit via GBPUSD Daily Analysis – July 14, 2017 . Thanks for your support.

EURUSD Daily Analysis – July 14, 2017 Forex Analysis

EURUSD remains in uptrend from 1.1118, the price action from 1.1445 could be treated as consolidation of the uptrend. Key support is at 1.1312, as long as this level holds, the uptrend could be expected to resume and another rise towards 1.1600 is still possible after the consolidation. Resistance is now at 1.1489, a break … Continue reading "EURUSD Daily Analysis – July 14, 2017"

For more short term forex analysis and info visit via EURUSD Daily Analysis – July 14, 2017 . Thanks for your support.