USDCAD broke above 1.2538 resistance and extended its bullish movement from 1.2061 to as high as 1.2584. As long as the price is in the rising price channel on the 4-hour chart, the uptrend could be expected to continue and next target would be at the top trend line of the channel. Key support is … Continue reading "USDCAD Daily Analysis – October 6, 2017"
For more short term forex analysis and info visit via USDCAD Daily Analysis – October 6, 2017 . Thanks for your support.
Thursday 5 October 2017
USDJPY Daily Analysis – October 6, 2017 Forex Analysis
USDJPY stays in a rising price channel on its 4-hour chart. As long as the channel support holds, the sideways movement in a trading range between 112.21 and 113.25 could be treated as consolidation of the uptrend from 107.31 and another rise to 114.00 area could be expected after the consolidation. On the downside, a … Continue reading "USDJPY Daily Analysis – October 6, 2017"
For more short term forex analysis and info visit via USDJPY Daily Analysis – October 6, 2017 . Thanks for your support.
For more short term forex analysis and info visit via USDJPY Daily Analysis – October 6, 2017 . Thanks for your support.
AUDUSD Daily Analysis – October 6, 2017 Forex Analysis
AUDUSD broke below 0.7785 support and extended its downside movement from 0.8102 to as low as 0.7772. Key resistance is now at 0.7875, as long as this level holds, the bearish movement could be expected to continue and next target would be at the resistance-turned-support trend line on the weekly chart now at 0.7700. Only … Continue reading "AUDUSD Daily Analysis – October 6, 2017"
For more short term forex analysis and info visit via AUDUSD Daily Analysis – October 6, 2017 . Thanks for your support.
For more short term forex analysis and info visit via AUDUSD Daily Analysis – October 6, 2017 . Thanks for your support.
GBPUSD Daily Analysis – October 6, 2017 Forex Analysis
GBPUSD continued its downside movement from 1.3657 and dropped sharply to as low as 1.3087, breaking below the 1.3153 support. Resistance is at the bearish trend line on the 4-hour chart, followed by 1.3291. As long as the price is below the trend line, the downtrend could be expected to continue and next target would … Continue reading "GBPUSD Daily Analysis – October 6, 2017"
For more short term forex analysis and info visit via GBPUSD Daily Analysis – October 6, 2017 . Thanks for your support.
For more short term forex analysis and info visit via GBPUSD Daily Analysis – October 6, 2017 . Thanks for your support.
EURUSD Daily Analysis – October 6, 2017 Forex Analysis
EURUSD stays in a trading range between 1.1696 and 1.1832, and is now facing 1.1696 support. A breakdown below this level could signal resumption of the downtrend from 1.2092, then deeper decline to test 1.1662 key support could be seen. If this level gives way, the pair would extend its bearish movement towards the resistance-turned-support … Continue reading "EURUSD Daily Analysis – October 6, 2017"
For more short term forex analysis and info visit via EURUSD Daily Analysis – October 6, 2017 . Thanks for your support.
For more short term forex analysis and info visit via EURUSD Daily Analysis – October 6, 2017 . Thanks for your support.
Subscribe to:
Posts (Atom)