USDCAD is now in short term downtrend from 1.2778. Further decline would likely be seen and next target would be at 1.2535, followed by 1.2413. Resistance levels are at 1.2690 and 1.2778, only break above these levels could trigger another rise towards 1.2900.
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Thursday 17 August 2017
USDJPY Daily Analysis – August 18, 2017 Forex Analysis
No changed in our view, USDJPY remains in the uptrend from 108.73, the pullback from 110.94 is likely correction of the uptrend. Another rise could be expected after the correction and next target would be at 112.00 area. Key support is at 108.73, only a breakdown below this level could signal resumption of the downtrend … Continue reading "USDJPY Daily Analysis – August 18, 2017"
For more short term forex analysis and info visit via USDJPY Daily Analysis – August 18, 2017 . Thanks for your support.
For more short term forex analysis and info visit via USDJPY Daily Analysis – August 18, 2017 . Thanks for your support.
AUDUSD Daily Analysis – August 18, 2017 Forex Analysis
AUDUSD is now in the uptrend from 0.7807, the pullback from 0.7962 is likely correction of the uptrend. Another rise could be expected after the correction and next target would be at 0.8050 area. Key support is at 0.7807, only break below this level could trigger another fall towards 0.7700.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – August 18, 2017 . Thanks for your support.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – August 18, 2017 . Thanks for your support.
GBPUSD Daily Analysis – August 18, 2017 Forex Analysis
GBPUSD remains in the downtrend from 1.3267, the bounce from 1.2841 is likely consolidation of the downtrend. Near term resistance is at top trend line of the price channel on its 4-hour chart. As long as the price is in the channel, the downside movement could be expected to continue and next target would be … Continue reading "GBPUSD Daily Analysis – August 18, 2017"
For more short term forex analysis and info visit via GBPUSD Daily Analysis – August 18, 2017 . Thanks for your support.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – August 18, 2017 . Thanks for your support.
EURUSD Daily Analysis – August 18, 2017 Forex Analysis
EURUSD extended its downside movement to as low as 1.1662. Deeper decline towards the bottom support trend line of the price channel on its daily chart is still possible. Near term resistance is at the falling trend line on the 4-hour chart, as long as the trend line resistance holds, the downside move will continue. … Continue reading "EURUSD Daily Analysis – August 18, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – August 18, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – August 18, 2017 . Thanks for your support.
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