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USD/CAD Daily Analysis – Thursday, August 15
USD/CAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3015.
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AUD/USD Daily Analysis – Thursday, August 15
AUD/USD remains in the uptrend from 0.6677, the fall from 0.6821 is likely corrective consolidation for the uptrend.
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AUD/USD Daily Analysis – Wednesday, August 14
AUD/USD is facing 0.6821 resistance, a break of this level could signal resumption of the uptrend from 0.6677, then another rise towards 0.6900 could be seen.
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USDCAD Daily Analysis – Wednesday, August 14
USDCAD is facing the support of the rising trend line on the 4-hour chart, a clear break below the trend line support could signal completion of the uptrend from 1.3015, then deeper decline to 1.3050 area could be seen.
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USD/CAD Daily Analysis – Tuesday, August 13
USD/CAD failed to break below the rising trend line on the 4-hour chart and rebounded from 1.3195.
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AUD/USD Daily Analysis – Tuesday, August 13
AUD/USD’s fall from 0.6821 extended to as low as 0.6744.
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