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USDCAD Daily Analysis – Monday, Jan. 20
USDCAD failed to break below 1.3028 support and moved sideways in a trading range between 1.3028 and 1.3079.
AUDUSD Daily Analysis – Monday, Jan. 20
AUDUSD moved sideways in a trading range between 0.6848 and 0.6933.
AUDUSD Weekly Analysis – Sunday, Jan. 19
AUDUSD is now in the downtrend from 0.7031, a further decline would likely be seen and a breakdown below 0.6848 support could trigger further downside movement towards 0.6700.
AUDUSD Daily Analysis – Friday, Jan. 17
AUDUSD extended its upside movement from 0.6848 to as high as 0.6933. Further rise is still possible and next target would be at 0.6960 area.
USDCAD Daily Analysis – Friday, Jan. 17
USDCAD is testing 1.3028 support, a breakdown below this level could signal resumption of the downtrend from 1.3104, then further decline towards 1.2950 could be seen.
USDCAD Daily Analysis – Thursday, Jan. 16
USDCAD is facing 1.3028 support, a breakdown below this level could take the price to 1.2950 area.
AUDUSD Daily Analysis – Thursday, Jan. 16
AUDUSD is facing 0.6919 resistance, a breakout of this level could trigger further upside movement from 0.6848 to 0.6950 area.
USDCAD Daily Analysis – Wednesday, Jan.15
No changed in our view, USDCAD is now in the downtrend from 1.3104, another fall towards 1.2950 would likely be seen in the coming days, and a breakdown below 1.3028 support could signal resumption of the downtrend.
AUDUSD Daily Analysis – Wednesday, Jan. 15
AUDUSD is in consolidation for the downtrend from 0.7031, another fall to test 0.6850 support would likely be seen in the coming days, a breakdown below this level could trigger further downside movement to 0.6800 area.
AUDUSD Daily Analysis – Tuesday, Jan. 14
AUDUSD’s upside movement from 0.6848 extended to as high as 0.6919.
USDCAD Daily Analysis – Tuesday, Jan. 14
USDCAD is now in the downtrend from 1.3104, further decline would likely be seen in a couple of days and next target would be at 1.2980 area.
USDCAD Daily Analysis – Monday, Jan. 13
USDCAD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.2951 had completed at 1.3104 already.
AUDUSD Daily Analysis – Monday, Jan. 13
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downtrend from 0.7031 had completed at 0.6848 already.
USDCAD Daily Analysis – Sunday, Jan. 12
USDCAD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.2951 had completed at 1.3104 already.
USDCAD Daily Analysis – Friday, Jan. 10
USDCAD’s upside movement from 1.2951 extended to as high as 1.3104.
AUDUSD Daily Analysis – Friday, Jan. 10
AUDUSD stays below the falling trend line on the 4-hour chart and remains in the downtrend from 0.7031.
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