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USDCAD Daily Analysis – Monday, Nov. 19
USDCAD is testing the support of the price channel on the 4-hour chart.
AUDUSD Daily Analysis – Monday, Nov. 19
AUDUSD broke above 0.7302 resistance and extended its upside movement from 0.7164 to as high as 0.7337.
EUR/USD Weekly Analysis – Sunday, Nov. 18
EUR/USD broke below 1.1301 support and extended its downside movement from 1.1815 to as low as 1.1215.
USD/JPY Weekly Analysis – Sunday, Nov. 18
USD/JPY failed to break above 114.54 resistance and pulled back to 112.60 area, suggesting that a lengthier consolidation for the uptrend from 104.63 is needed.
USD/CAD Weekly Analysis – Sunday, Nov. 18
USD/CAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the uptrend could be expected to continue and the next target would be at the 1.3350 area.
USD/CAD Daily Analysis – Friday, Nov. 16
USD/CAD is facing the support of the price channel on the 4-hour chart.
AUD/USD Daily Analysis – Friday, Nov. 16
AUD/USD is facing 0.7302 resistance, a breakthrough this level could signal resumption of the uptrend from 0.7020, then further rise towards 0.7400 could be seen.
USD/CAD Daily Analysis – Thursday, Nov. 15
USD/CAD stays a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2782.
AUD/USD Daily Analysis – Thursday, Nov. 15
AUD/USD’s bounce from 0.7164 extended to as high as 0.7278, breaking above 0.7250 resistance.
USD/CAD Daily Analysis – Wednesday, Nov. 14
USD/CAD’s upside movement from 1.2782 extended to as high as 1.3263.
AUD/USD Daily Analysis – Wednesday, Nov. 14
AUD/USD is now in the downtrend from 0.7302, the bounce from 0.7164 is likely corrective consolidation for the downtrend.
USD/CAD Daily Analysis – Tuesday, Nov. 13
USD/CAD extended its upside movement from 1.2782 to as high as 1.3248.
AUD/USD Daily Analysis – Tuesday, Nov. 13
AUD/USD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.7020 had completed at 0.7302 already.
USD/CAD Daily Analysis – Monday, Nov. 12
USD/CAD stays in a bullish price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2782.
AUD/USD Weekly Analysis – Monday, Nov. 12
AUD/USD pulled back to 0.7215 area. Deeper decline is still possible and next target would be at bullish trend line on the 4-hour chart.
AUDUSD Weekly Analysis – Sunday, Nov. 11
AUDUSD broke above the bearish trend line on the daily chart, suggesting that the downside movement from 0.8135 had completed at 0.7020 already.
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