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USDCAD Weekly Analysis – Sunday, Sept. 20
Nothing changed in our view; USDCAD remains in the downtrend from 1.4667. The price action from 1.2993 is likely a consolidation for the downtrend.
EURUSD Weekly Analysis – Sunday, Sept. 20
EURUSD broke below the rising trend line on the daily chart and continued its sideways movement in a trading range between 1.1695 and 1.2010.
USDJPY Weekly Analysis – Sunday, Sept. 13
USDJPY moved sideways in a trading range between 104.18 and 107.05. As long as the price is below the falling trend line on the daily chart, the downside movement from 111.71 could be expected to continue.
USDCAD Weekly Analysis – Sunday, Sept. 13
USDCAD remains in the downtrend from 1.4667, and the bounce from 1.2993 is a likely consolidation for the downtrend. As long as the 1.3400 resistance holds, the downside movement could be expected to continue.
EURUSD Weekly Analysis – Sunday, September 13
EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.0635. As long as the trend line support holds, the price action between 1.1695 and 1.2010 could be treated as consolidation for the uptrend.
AUDUSD Weekly Analysis – Sunday, August 23
AUDUSD extended its upside movement from 0.5507 to as high as 0.7275. Further rise is still possible next week, and the next target would be at around the 0.7500 area. Near term support is at 0.7060.
GBPUSD Weekly Analysis – Sunday, August 23
GBPUSD extended its upside movement from 1.1409 to as high as 1.3266. Further rise is still possible after a minor consolidation, and the next target would be at around the 1.3500 area.
EURUSD Weekly Analysis – Sunday, August 23
EURUSD moved sideways in a trading range between 1.1695 and 1.1965. As long as the price is above the rising trend line on the daily chart, the sideways movement could be treated as consolidation for the uptrend from 1.0635.
USDCAD Weekly Analysis – Sunday, August 23
USDCAD’s downside movement from 1.4667 extended to as low as 1.3132. As long as the price is in the falling price channel on the daily chart, the downside movement could be expected to continue and the next target would be at the 1.3000 area.
USDCAD Daily Analysis – Friday, August 21
USDCAD extended its downside movement from 1.3715 (Jun 26 high) to as low as 1.3132.
AUDUSD Daily Analysis – Friday, August 21
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6776 (Jun 15 low).
AUDUSD Daily Analysis – Monday, August 17
AUDUSD continued its sideways movement in a trading range between 0.7063 and 0.7242.
USDCAD Daily Analysis – Monday, August 17
USDCAD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3715.
AUDUSD Weekly Analysis – Sunday, August 16
AUDUSD remains in the uptrend from 0.5507. A further rise would likely be seen after a minor consolidation, and the next target would be at around the 0.7500 area.
EURUSD Weekly Analysis – Sunday, August 16
EURUSD stays above a rising trend line on the daily chart, and remains in the uptrend from 1.0635. As long as the trend line support holds, the upside movement could be expected to continue, and the next target would be at around the 1.2100 area.
GBPUSD Weekly Analysis – Sunday, August 16
GBPUSD stays above a rising trend line on the daily chart, and remains in the uptrend from 1.1409. A further rise would likely be seen in a couple of weeks, and the next target would be at around the 1.3500 area.
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