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USDCAD Weekly Analysis – Sunday, August 19
USDCAD failed to break above the falling trend line on the daily chart and remains in the downtrend from 1.3385. A further decline is still possible and a breakdown below 1.2961 support could take the price to the 1.2850 area.
USDCAD Daily Analysis – Friday, August 17
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.2961.
AUDUSD Daily Analysis – Friday, August 17
AUDUSD is facing 0.7283 resistance.
USDCAD Daily Analysis – Thursday, August 16
USDCAD’s upside movement from 1.2961 extended to as high as 1.3174.
AUDUSD Daily Analysis – Thursday, August 16
AUDUSD remains in the downtrend from 0.7453, the bounce from 0.7202 is likely consolidation for the downtrend.
USDCAD Daily Analysis – Wednesday, August 15
USDCAD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2961 had completed at 1.3170 already.
AUDUSD Daily Analysis – Wednesday, August 15
AUDUSD extended its downside movement from 0.7453 to as low as 0.7222.
USDCAD Daily Analysis – Tuesday, August 14
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2961.
AUDUSD Daily Analysis – Tuesday, August 14
AUDUSD’s downside movement from 0.7453 extended to as low as 0.7256. Further decline is still possible and next target would be at 0.7200 area.
USDCAD Daily Analysis – Monday, August 13
USDCAD broke above 1.3119 resistance, suggesting that the upside movement from 1.2961 has resumed.
AUDUSD Daily Analysis – Monday, August 13
AUDUSD extended its downside movement from 0.7453 to as low as 0.7270.
USD/CAD Weekly Analysis – Sunday, August 12
USD/CAD stays below a falling trend line on the daily chart and remains in the downtrend from 1.3385.
EUR/USD Weekly Analysis – Sunday, August 12
EUR/USD broke below 1.1508 support and extended its downside movement from 1.2555 to as low as 1.1388. A further decline is still possible and the next target would be at the 1.1200 area.
USD/JPY Weekly Analysis – Sunday, August 12
USD/JPY broke below the rising trend line on the daily chart, suggesting the upside movement from 104.63 to as high as 113.17.
USDCAD Daily Analysis – Friday, August 10
USDCAD is now in the downtrend from 1.3119. Further decline could be expected and a breakdown below 1.2961 support could take the price into 1.2850 zone.
AUDUSD Daily Analysis – Friday, August 10
AUDUSD continued its sideways movement in a trading range between 0.7310 and 0.7483.
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