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USD/JPY Weekly Analysis – Sunday, October 22
USD/JPY is facing a resistance trend line from 115.50 to 114.49 once again. A break through the trend line resistance could trigger further upside movement towards 115.50.
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AUD/USD Weekly Analysis – Sunday, October 22
AUD/USD remains in a downtrend from 0.8124. The bounce from 0.7732 is likely a correction of the downtrend. A further rally is likely be seen in the coming days with a target of 0.7986.
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GBP/USD Weekly Analysis – Sunday, October 22
GBP/USD trades above a bullish trend line on the daily chart, suggesting that the pair remains in the uptrend from 1.1946 (Oct 2016 low). As long as the price is above the trend line, the upside movement could be expected to resume.
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EUR/USD Weekly Analysis – Sunday, October 22
EUR/USD failed in its attempt to break below 1.1662 key support, indicating that the pair remains in the uptrend from 1.0340.
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AUDUSD Daily Analysis – Friday, Oct. 20
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.7732.
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USDCAD Daily Analysis – Friday, Oct. 20
USDCAD is facing the key support at 1.2433.
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