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AUDUSD Daily Analysis – Thursday, March 12
AUDUSD is facing 0.6450 support, a breakdown below this level could trigger further downside movement to 0.6350 area.
USDCAD Daily Analysis – Wednesday, March 11
USDCAD extended its upside movement from 1.3201 to as high as 1.3795. A further rise would likely be seen and next target would be at 1.3850 area.
AUDUSD Daily Analysis – Wednesday, March 11
AUDUSD remains in the uptrend from 0.6311, the pullback from 0.6684 would possibly be corrective consolidation for the uptrend.
USDCAD Daily Analysis – Tuesday, March 10
USDCAD is in consolidation for the uptrend from 1.3201. Range trading between 1.3516 and 1.3759 would likely be seen in a couple of days.
AUDUSD Daily Analysis – Tuesday, March 10
AUDUSD is now in the uptrend from 0.6311, the pullback from 0.6684 is likely corrective consolidation for the uptrend.
USDCAD Daily Analysis – Monday, March 9
USDCAD’s upside movement from 1.3314 extended to as high as 1.3759.
USDCAD Weekly Analysis – March 8, 2020
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.2951. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 1.3600 area.
USDCAD Daily Analysis – Friday, March 6
USDCAD extended its upside movement from 1.3314 to as high as 1.3438.
AUDUSD Daily Analysis – Friday, March 6
AUDUSD moved sideways in a trading range between 0.6575 and 0.6645.
AUDUSD Daily Analysis – Thursday, March 5
AUDUSD remains in the uptrend from 0.6433, further rise would likely be seen after a minor consolidation and next target would be at 0.6700 area.
USDCAD Daily Analysis – Thursday, March 5
USDCAD broke above 1.3395 resistance, suggesting that the uptrend from 1.3201 has resumed.
USDCAD Daily Analysis – Wednesday, March 4
USDCAD is now in the downtrend from 1.3463, the bounce from 1.3314 is likely consolidation for the downtrend.
AUDUSD Daily Analysis – Wednesday, March 4
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 0.6749 had completed at 0.6433 already.
USDCAD Daily Analysis – Tuesday, March 3
USDCAD broke below the support of the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.3201 had completed at 1.3463 already.
AUDUSD Daily Analysis – Tuesday, March 3
AUDUSD failed to break above the resistance of the falling trend line on the 4-hour chart, suggesting that the pair remains in the downtrend from 0.6749.
USDCAD Daily Analysis – Monday, March 2
USDCAD pulled back from 1.3463.
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