USDCAD continued its short term uptrend from 1.2061 and the rise extended to as high as 1.2413, facing the resistance of the top trend line of the price channel on the daily chart. Near term support is at 1.2250, followed by the rising trend line on the 4-hour chart, only a clear break below the … Continue reading "USDCAD Daily Analysis – September 27, 2017"
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Tuesday 26 September 2017
USDJPY Daily Analysis – September 27, 2017 Forex Analysis
USDJPY moved sideways in a trading range between 111.47 and 112.71. The sideways movement is likely consolidation of the uptrend from 107.31. A break of 112.71 resistance could trigger another rise towards 114.00. Near term support is now at 111.47, only a breakdown below this level would indicate that correction of the uptrend is underway, … Continue reading "USDJPY Daily Analysis – September 27, 2017"
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For more short term forex analysis and info visit via USDJPY Daily Analysis – September 27, 2017 . Thanks for your support.
AUDUSD Daily Analysis – September 27, 2017 Forex Analysis
AUDUSD extended its downside movement from 0.8124 to as low as 0.7859. Deeper decline to test 0.7807 support would likely be seen in a couple of days. Below this level could confirm that the uptrend from 0.7328 (May 9 low) had completed at 0.8124 already, then the pair would find next support at the resistance-turned-support … Continue reading "AUDUSD Daily Analysis – September 27, 2017"
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For more short term forex analysis and info visit via AUDUSD Daily Analysis – September 27, 2017 . Thanks for your support.
GBPUSD Daily Analysis – September 27, 2017 Forex Analysis
GBPUSD is facing the support of the bullish trend line on the 4-hour chart. A clear break below the trend line support will indicate the upside movement from 1.2774 had completed at 1.3652 already, then the following bearish move could bring price back towards next support level at 1.3150. On the upside, as long as … Continue reading "GBPUSD Daily Analysis – September 27, 2017"
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EURUSD Daily Analysis – September 27, 2017 Forex Analysis
EURUSD broke below 1.1823 support and fell down to as low as 1.1757. Further decline to test 1.1662 support would likely be seen in a couple of days. A breakdown below this level could indicate that the uptrend from 1.0569 (Apr 10 low) had completed at 1.2092 already, then the pair would find next support … Continue reading "EURUSD Daily Analysis – September 27, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – September 27, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – September 27, 2017 . Thanks for your support.
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