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USD/CAD Daily Analysis – Tuesday, December 19
USD/CAD is testing 1.2916 (Oct 27 high) resistance. A breakout above this level could take price to 1.3100 area.
AUDUSD Daily Analysis – Monday, Dec. 18
AUDUSD remains in the uptrend from 0.7501, the fall from 0.7694 is likely consolidation of the uptrend. Range trading between 0.7580 and 0.7694 is possible in a couple of days.
USD/CAD Daily Analysis – Monday, December 18
USD/CAD is facing 1.2916 resistance once again. A breakout of this level could trigger further upside movement towards 1.3100.
USD/JPY Weekly Analysis – December 17, 2017
USD/JPY moved sideways in a trading range between 110.84 and 114.73. As long as 110.84 support holds, the sideways movement could be treated as consolidation of the uptrend from 107.31.
USDCAD Daily Analysis – Friday, Dec. 15
USDCAD dropped sharply from 1.2892 to as low as 1.2713. Further decline is still possible after consolidation and next target would be at 1.2623 support.
USDCAD Daily Analysis – Thursday, Dec. 14
USDCAD broke below 1.2804 support, suggesting that the upside movement from 1.2623 had completed at 1.2892 already. Further decline towards 1.2623 would likely be seen in the coming days.
AUDUSD Daily Analysis – Wednesday, Dec. 13
AUDUSD broke above 0.7545 resistance, suggesting that the short-term downtrend from 0.7653 had completed at 0.7501 already.
USDCAD Daily Analysis – Wednesday, Dec. 13
USDCAD extended its upside movement from 1.2623 to as high as 1.2892. Near-term support is at 1.2804.
AUDUSD Daily Analysis – Monday, Dec. 11
AUDUSD remains in the downtrend from 0.7653. Further decline would likely be seen after a minor consolidation and next target would be at 0.7475 area.
USDCAD Daily Analysis – Monday, Dec. 11
USDCAD continued its upside movement from 1.2623 and the rise extended to as high as 1.2879.
USD/CAD Weekly Analysis – December 10, 2017
USD/CAD continued its sideways movement in a trading range between 1.2623 and 1.2916. As long as 1.2623 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.2061.
USD/JPY Weekly Analysis – December 10, 2017
USD/JPY’s fall from 114.73 had completed at 110.84 already. A further rise to test 115.50 resistance would likely be seen in a couple of weeks.
AUDUSD Daily Analysis – Thursday, Dec. 7
AUDUSD is now facing 0.7532 support. A breakdown below this level will indicate that the downtrend from 0.8124 (Sep 8 high) has resumed, then next target would be at 0.7475 area.
USDCAD Daily Analysis – Thursday, Dec. 7
USDCAD bounced strongly from 1.2623 and broke above 1.2750 resistance. Further rise would likely be seen in the coming days and next target would be at 1.2916.
GBPUSD Daily Analysis – Thursday, December 7
GBPUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.3039. as long as the price is above the trend line.
AUDUSD Daily Analysis – Wednesday, Dec. 6
After touching 0.7644 resistance, AUDUSD fell to 0.7571, indicating that the pair remains in the downtrend from 0.8124 (Sep 8 high) and the price action from 0.7532 is consolidation of the downtrend.
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