Sunday 24 September 2017

USDCAD Daily Analysis – September 25, 2017 Forex Analysis

USDCAD extended its short term upside movement from 1.2061 to as high as 1.2390. Further rally is still possible after a minor consolidation and next target would be at the top trend line of the price channel on the daily chart now at around 1.2465. Near term support is at 1.2250, followed by the rising … Continue reading "USDCAD Daily Analysis – September 25, 2017"

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USDJPY Daily Analysis – September 25, 2017 Forex Analysis

USDJPY remains in the uptrend from 107.31. As long as the price is above the bullish trend line on the 4-hour chart, the fall from 112.71 could be treated as consolidation of the uptrend. Further rise would likely be seen after the consolidation and next target would be at 114.00. Key support is now at … Continue reading "USDJPY Daily Analysis – September 25, 2017"

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AUDUSD Daily Analysis – September 25, 2017 Forex Analysis

AUDUSD is now in a downtrend from 0.8124. Further decline could be expected after a minor consolidation and next target would be at 0.7871, followed by 0.7807. Resistance levels are at 0.8060 and 0.8124, only break above these levels could trigger another rise towards 0.8162.

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GBPUSD Daily Analysis – September 25, 2017 Forex Analysis

GBPUSD broke below 1.3451 support last Friday. Deeper decline towards the bullish trend line on the 4-hour chart would likely be seen. As long as the price is above the trend line, the fall from 1.3652 could be treated as consolidation of the uptrend from 1.2774, and another rise could be expected after the consolidation. … Continue reading "GBPUSD Daily Analysis – September 25, 2017"

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EURUSD Daily Analysis – September 25, 2017 Forex Analysis

EURUSD continued its sideways movement in a trading range between 1.1823 and 1.2092. As long as the price is above 1.1823 support, the sideways move could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), another rise towards 1.2165 resistance could be expected after the consolidation. Resistance is at 1.2092, a breakout … Continue reading "EURUSD Daily Analysis – September 25, 2017"

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