USDCAD continued its downside movement from 1.2662 and the fall extended to as low as 1.2064. Resistance is at the bearish trend line on the 4-hour chart. As long as the price is below the trend line, the downtrend could be expected to continue and next target would be at 1.1800 area. Only a clear … Continue reading "USDCAD Daily Analysis – September 8, 2017"
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Thursday 7 September 2017
USDJPY Daily Analysis – September 8, 2017 Forex Analysis
USDJPY broke below 108.26 support, indicating that the downtrend from 114.49 (Jul 11 high) has resumed. Further decline could be expected and next target would be at 106.50. Near term resistance is at 109.39, only break above this level could bring price back towards 110.94.
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For more short term forex analysis and info visit via USDJPY Daily Analysis – September 8, 2017 . Thanks for your support.
AUDUSD Daily Analysis – September 8, 2017 Forex Analysis
AUDUSD broke above 0.8065 previous high resistance. Further rise could be expected after a minor consolidation and next target would be at 0.8162. Support is located at the bullish trend line on the 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.
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For more short term forex analysis and info visit via AUDUSD Daily Analysis – September 8, 2017 . Thanks for your support.
GBPUSD Daily Analysis – September 8, 2017 Forex Analysis
GBPUSD extended its bullish movement from 1.2774 to as high as 1.3138. As long as the price is above the bullish trend line from 1.2774 to 1.2852 on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3200 area. Near term support is at 1.3018, followed by … Continue reading "GBPUSD Daily Analysis – September 8, 2017"
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For more short term forex analysis and info visit via GBPUSD Daily Analysis – September 8, 2017 . Thanks for your support.
EURUSD Daily Analysis – September 8, 2017 Forex Analysis
EURUSD broke above 1.2070 resistance, indicating that the uptrend from 1.1662 has resumed. Further rise could be expected and next target would be at 1.2165 area. Near term support is at 1.1979, followed by the bullish trend line from 1.1662 to 1.1823 now at 1.1915. As long as the trend line support holds, the uptrend … Continue reading "EURUSD Daily Analysis – September 8, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – September 8, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – September 8, 2017 . Thanks for your support.
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