USDCAD is now in downtrend from 1.2662. Range trading between 1.2339 and 1.2500 would likely be seen in a couple of days. Near term resistance is at 1.2500. As long as this level holds, the downside movement could be expected to continue and next target would be at 1.2050 area. Only break above 1.2500 resistance … Continue reading "USDCAD Daily Analysis – September 5, 2017"
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Monday 4 September 2017
USDJPY Daily Analysis – September 5, 2017 Forex Analysis
USDJPY continued its sideways movement in a trading range between 108.26 and 110.94. The sideways movement is likely consolidation of the downtrend from 114.49 (Jul 11 high). As long as 110.94 resistance holds, another fall to test 108.13 (Apr 17 low) support is still possible. Only break above 110.94 resistance could bring price back towards … Continue reading "USDJPY Daily Analysis – September 5, 2017"
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For more short term forex analysis and info visit via USDJPY Daily Analysis – September 5, 2017 . Thanks for your support.
AUDUSD Daily Analysis – September 5, 2017 Forex Analysis
AUDUSD moved sideways in a trading range between 0.7866 and 0.7995. As long as 0.7866 support holds, the sideways move could be treated as consolidation of the uptrend from 0.7807, and further rise towards 0.8065 is still possible after the consolidation. Only a breakdown below 0.7866 support could trigger another fall towards 0.7700.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – September 5, 2017 . Thanks for your support.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – September 5, 2017 . Thanks for your support.
GBPUSD Daily Analysis – September 5, 2017 Forex Analysis
GBPUSD remains in the uptrend from 1.2774, the price action from 1.2978 is likely consolidation of the uptrend. Near term support is at 1.2852, as long as this level holds, the uptrend could be expected to resume and next target would be at 1.3100 area. On the downside, a breakdown below 1.2852 support could take … Continue reading "GBPUSD Daily Analysis – September 5, 2017"
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EURUSD Daily Analysis – September 5, 2017 Forex Analysis
EURUSD moved sideways above the support level at 1.1823. As long as this level holds, the fall from 1.2070 could be treated as consolidation of the short term uptrend from 1.1662, and further rise towards 1.2165 is still possible after the consolidation. On the downside, a breakdown below 1.1823 support will confirm that the uptrend … Continue reading "EURUSD Daily Analysis – September 5, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – September 5, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – September 5, 2017 . Thanks for your support.
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