USDCAD Daily Analysis – July 19, 2017 Forex Analysis

USDCAD’s bearish movement from 1.3347 extended to as low as 1.2580, facing an important support level at 1.2460 (May 2016 low). The first resistance level is at 1.2701, as long as this level holds, the bearish movement could be expected to continue and further decline towards 1.2460 is still possible. On the upside, a break … Continue reading "USDCAD Daily Analysis – July 19, 2017"

For more short term forex analysis and info visit via USDCAD Daily Analysis – July 19, 2017 . Thanks for your support.

USDJPY Daily Analysis – July 19, 2017 Forex Analysis

USDJPY continued its bearish movement from 114.49 and extended its fall to 111.68. Further decline is still possible after a minor consolidation and next target would be at 111.00 area. Near term resistance is at the descending trend line on the 4-hour chart and the key resistance is at 112.86, only a break of this … Continue reading "USDJPY Daily Analysis – July 19, 2017"

For more short term forex analysis and info visit via USDJPY Daily Analysis – July 19, 2017 . Thanks for your support.

AUDUSD Daily Analysis – July 19, 2017 Forex Analysis

AUDUSD’s bullish movement from 0.7571 extended to as high as 0.7942. Support is now located at the rising trend line on the 4-hour chart. As long as the price is above the trend line, the uptrend could be expected to continue and next target would be at 0.8000 area. Only a clear break below the … Continue reading "AUDUSD Daily Analysis – July 19, 2017"

For more short term forex analysis and info visit via AUDUSD Daily Analysis – July 19, 2017 . Thanks for your support.

GBPUSD Daily Analysis – July 19, 2017 Forex Analysis

Under pressure by the top resistance trend line of the price channel on the weekly chart, GBPUSD pulled back from 1.3125, indicating that the short term uptrend from 1.2811 is complete. Deeper decline could be expected over the next several days and the target would be at 1.2900 area. The key support is at 1.2811, … Continue reading "GBPUSD Daily Analysis – July 19, 2017"

For more short term forex analysis and info visit via GBPUSD Daily Analysis – July 19, 2017 . Thanks for your support.

EURUSD Daily Analysis – July 19, 2017 Forex Analysis

EURUSD broke above 1.1489 resistance and extended its bullish movement to as high as 1.1583. Near term support is at 1.1500, as long as this level holds, the uptrend from 1.1118 could be expected to continue and next target would be at 1.1700 area. On the downside, a breakdown below 1.1500 support could bring price … Continue reading "EURUSD Daily Analysis – July 19, 2017"

For more short term forex analysis and info visit via EURUSD Daily Analysis – July 19, 2017 . Thanks for your support.