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USD/CAD Daily Analysis – Thursday, May 23
USD/CAD rebounded strongly after touching 1.3376 support, suggesting that the pair remains in the uptrend from 1.3274, and the price action from 1.3520 could be treated as consolidation for the uptrend.
AUD/USD Daily Analysis – Thursday, May 23
AUD/USD is facing 0.6864 support, a breakdown below this level could trigger further downside movement towards 0.6800.
USD/CAD Daily Analysis – Wednesday, May 22
USD/CAD is facing 1.3376 support, a breakdown below this level could take the price to 1.3300 area.
AUD/USD Daily Analysis – Wednesday, May 22
AUD/USD failed to break above the resistance of the price channel on the 4-hour chart, suggesting that the pair remains in the downtrend from 0.7068.
USD/CAD Daily Analysis – Tuesday, May 21
USD/CAD moved sideways in a trading range between 1.3376 and 1.3520.
AUD/USD Daily Analysis – Tuesday, May 21
AUD/USD is facing the top trend line of the price channel on the 4-hour chart.
USD/CAD Daily Analysis – Monday, May 20
USD/CAD failed to break above 1.3520 resistance and stayed in a trading range between 1.3376 and 1.3520.
AUD/USD Daily Analysis – Monday, May 20
AUD/USD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7068.
USD/CAD Weekly Analysis – Sunday, May 19
USD/CAD moved sideways in a narrow range between 1.3376 and 1.3520 over the past two weeks. As long as the price is above the rising trend line on the daily chart, the price action in the range could be treated as consolidation for the uptrend.
USD/CAD Daily Analysis – Friday, May 17
USD/CAD consolidated in a trading range between 1.3376 and 1.3520 over the past two weeks.
AUD/USD Daily Analysis – Friday, May 17
AUD/USD extended its downside movement from 0.7068 to as low as 0.6886.
USD/CAD Daily Analysis – Thursday, May 16
USD/CAD continued its sideways movement in a trading range between 1.3376 and 1.3520.
AUD/USD Daily Analysis – Thursday, May 16
AUD/USD’s downside movement from 0.7068 to as low as 0.6892.
USD/CAD Daily Analysis – Wednesday, May 15
USD/CAD moved sideways in a trading range between 1.3376 and 1.3520 for several weeks.
AUD/USD Daily Analysis – Wednesday, May 15
AUD/USD extended its downside movement from 0.7205 to as low as 0.6921.
USD/CAD Daily Analysis – Tuesday, May 14
USD/CAD continued its sideways movement in a trading range between 1.3376 and 1.3520.
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