USDCAD Daily Analysis – July 17, 2017 Forex Analysis

USDCAD’s bearish movement from 1.3347 extended to as low as 1.2639. Further decline is still possible after a minor consolidation and next target would be at 1.2500 area. Resistance is now at 1.2770, only a break above this level will indicate that consolidation of the downtrend is underway, then the pair will find resistance at … Continue reading "USDCAD Daily Analysis – July 17, 2017"

For more short term forex analysis and info visit via USDCAD Daily Analysis – July 17, 2017 . Thanks for your support.

USDJPY Daily Analysis – July 17, 2017 Forex Analysis

USDJPY broke below 112.74 key support, indicating that the upside movement from 108.81 had completed at 114.49 already. Deeper decline is possible and next target would be at 111.50 area. Resistance is at 113.10, followed by 113.60, as long as these levels hold, the downtrend from 114.49 will continue.

For more short term forex analysis and info visit via USDJPY Daily Analysis – July 17, 2017 . Thanks for your support.

AUDUSD Daily Analysis – July 17, 2017 Forex Analysis

AUDUSD’s bullish movement from 0.7571 extended to as high as 0.7834. Near term support is at 0.7790, as long as this level holds, the uptrend could be expected to continue and next target would be at 0.8000 area. On the downside, a breakdown below 0.7790 support will indicate that consolidation of the bullish movement is … Continue reading "AUDUSD Daily Analysis – July 17, 2017"

For more short term forex analysis and info visit via AUDUSD Daily Analysis – July 17, 2017 . Thanks for your support.

GBPUSD Daily Analysis – July 17, 2017 Forex Analysis

After breaking above the falling trend line on the 4-hour chart, GBPUSD continued to break above 1.3029 resistance, confirming that the uptrend from 1.2589 has resumed. Further rise could be expected after a minor consolidation and next target would be at 1.3200 area. Support is now at 1.3000, only a breakdown below this level could … Continue reading "GBPUSD Daily Analysis – July 17, 2017"

For more short term forex analysis and info visit via GBPUSD Daily Analysis – July 17, 2017 . Thanks for your support.

EURUSD Daily Analysis – July 17, 2017 Forex Analysis

EURUSD remains in uptrend from 1.1118, the price action from 1.1445 could be treated as consolidation of the uptrend. As long as 1.1312 key support holds, the uptrend could be expected to continue and further rise towards 1.1600 is possible after the consolidation. Near term resistance is at 1.1489, a break of this level could … Continue reading "EURUSD Daily Analysis – July 17, 2017"

For more short term forex analysis and info visit via EURUSD Daily Analysis – July 17, 2017 . Thanks for your support.