USDCAD broke below 1.2413 support and reached as low as 1.2339. Further decline could be expected in the coming days, and next target would be at 1.2050 area. Near term resistance is at 1.2500, only break above this level could trigger another rise to test 1.2778 key resistance.
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Sunday 3 September 2017
USDJPY Daily Analysis – September 4, 2017 Forex Analysis
USDJPY failed to break above 110.94 resistance and stays in a trading range between 108.26 and 110.94. As long as 110.94 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 114.49 (Jul 11 high), and another fall to retest 108.13 (Apr 17 low) support is still … Continue reading "USDJPY Daily Analysis – September 4, 2017"
For more short term forex analysis and info visit via USDJPY Daily Analysis – September 4, 2017 . Thanks for your support.
For more short term forex analysis and info visit via USDJPY Daily Analysis – September 4, 2017 . Thanks for your support.
AUDUSD Daily Analysis – September 4, 2017 Forex Analysis
AUDUSD is facing 0.7995 resistance, a break of this level could signal resumption of the uptrend from 0.7807, then next target would be at 0.8050 area. Key support is at 0.7866, only a breakdown below this level could trigger another fall towards 0.7700.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – September 4, 2017 . Thanks for your support.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – September 4, 2017 . Thanks for your support.
GBPUSD Daily Analysis – September 4, 2017 Forex Analysis
After correction, GBPUSD broke above 1.2978 resistance, indicating that the uptrend from 1.2774 has resumed. Further rise could be expected in a couple of days and next target would be at 1.3100 area. Support levels are at 1.2852 and 1.2774, only break below these levels could trigger another fall towards 1.2600.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – September 4, 2017 . Thanks for your support.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – September 4, 2017 . Thanks for your support.
EURUSD Daily Analysis – September 4, 2017 Forex Analysis
EURUSD is facing 1.1823 support. A breakdown below this level will indicate the short term uptrend from 1.1662 had completed at 1.2070 already, then the following downside move could take price to test 1.1662 key support. On the upside, as long as 1.1823 support holds, the fall from 1.2070 would possibly be correction of the … Continue reading "EURUSD Daily Analysis – September 4, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – September 4, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – September 4, 2017 . Thanks for your support.
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