Analysis


EURUSD Daily Analysis

Dear Trader,

EURUSD stays in a trading range between 1.1526 and 1.1659. Resistance is at 1.1659, a breakout of this level could take the price to 1.1800 area. Support is at 1.1526, below this l .....


GBPUSD Daily Analysis

Dear Trader,

GBPUSD broke above 1.3043 resistance, suggesting that the upside movement from 1.2661 has resumed. Further rise could be expected in a couple of days and next target would be at 1. .....


AUDUSD Daily Analysis

Dear Trader,

AUDUSD remains in the downtrend from 0.7381. Further decline could be expected after a minor consolidation and next target would be at 0.7000 area. Resistance levels are at 0.7140 .....


USDJPY Daily Analysis

Dear Trader,

USDJPY moved sideways in a trading range between 110.38 and 111.82. Support is at 110.38, a breakdown below this level could take the price to next support level at 109.77. Resista .....


USDCAD Daily Analysis

Dear Trader,

USDCAD remains in the uptrend from 1.2887, the pullback from 1.3226 is likely consolidation for the uptrend. Deeper decline is still possible and the target would be at 1.3000. How .....


EURUSD Daily Analysis

Dear Trader,

EURUSD is facing 1.1529 support, a breakdown below this level could trigger further downside movement towards 1.1400. Resistance is at 1.1659, above this level would indicate that .....


GBPUSD Daily Analysis

Dear Trader,

GBPUSD failed to break above 1.3043 resistance and stayed in a trading range between 1.2785 and 1.3043. Another fall towards 1.2785 support would likely be seen in the coming days. .....


AUDUSD Daily Analysis

Dear Trader,

AUDUSD extended its downside movement from 0.7381 to as low as 0.7097. Further decline is still possible in the coming days and next target would be at 0.7000 area. Resistance leve .....


USDJPY Daily Analysis

Dear Trader,

USDJPY extended its downside movement from 111.82 to as low as 110.38. Further decline would likely be seen and next target would be at 109.77 support. Resistance is at 111.82, onl .....


USDCAD Daily Analysis

Dear Trader,

USDCAD is in consolidation for the uptrend from 1.2887. Range trading between 1.3000 and 1.3226 would likely be seen in a couple of days. As long as 1.3000 support holds, the uptre .....