USDCAD stays in a bearish price channel on its 4-hour chart and remains in the short term downtrend from 1.2778. As long as the price is in the channel, the downtrend could be expected to continue and further decline to test 1.2413 support could be expected. Near term resistance is at the top trend line … Continue reading "USDCAD Daily Analysis – August 28, 2017"
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Sunday 27 August 2017
USDJPY Daily Analysis – August 28, 2017 Forex Analysis
USDJPY continued its sideways movement in a narrow range between 108.60 and 109.84. Near term support is at 108.60, a breakdown below this level could take price to test 108.13 (Apr 17 low) key support. Resistance is at 109.84, above this level could take price to 110.60 area.
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For more short term forex analysis and info visit via USDJPY Daily Analysis – August 28, 2017 . Thanks for your support.
AUDUSD Daily Analysis – August 28, 2017 Forex Analysis
AUDUSD is facing 0.7962 resistance once again. A break above this level will signal resumption of the uptrend from 0.7807, then next target would be at 0.8030 area. Support levels are at 0.7866 and 0.7807, only break below these levels could trigger another fall towards 0.7700.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – August 28, 2017 . Thanks for your support.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – August 28, 2017 . Thanks for your support.
GBPUSD Daily Analysis – August 28, 2017 Forex Analysis
GBPUSD broke above the top trend line of the price channel on its 4-hour chart, indicating that the downside movement from 1.3267 had completed at 1.2774 already. Further rise to test next resistance level at 1.3030 could be expected in the coming days. Support levels are at 1.2850 and 1.2774, only break below these levels … Continue reading "GBPUSD Daily Analysis – August 28, 2017"
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For more short term forex analysis and info visit via GBPUSD Daily Analysis – August 28, 2017 . Thanks for your support.
EURUSD Daily Analysis – August 28, 2017 Forex Analysis
EURUSD broke above 1.1909 resistance, indicating that the uptrend from 1.0569 (Apr 10 low) has resumed. Further rise could be expected in the coming days, and next target would be at 1.2000 area. Support is now at 1.1840, as long as this level holds, the uptrend from 1.1662 will continue.
For more short term forex analysis and info visit via EURUSD Daily Analysis – August 28, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – August 28, 2017 . Thanks for your support.
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