USDCAD Weekly Analysis – December 24, 2017

After touching 1.2916 resistance, USDCAD pulled back from 1.2920 and continued its sideways movement above 1.2623 key support. As long as 1.2623 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.2061, and another rise towards 1.3200 is still possible after the consolidation. On the…
Source: USDCAD Weekly Analysis – December 24, 2017

USDJPY Weekly Analysis – December 24, 2017

USDJPY continued its sideways movement in a trading range between 110.84 and 114.73. The sideways movement is likely consolidation of the uptrend from 107.31. As long as 110.84 support holds, the uptrend could be expected to resume, and a breakout of 15.50 resistance could trigger further bullish movement towards 118.66…
Source: USDJPY Weekly Analysis – December 24, 2017

AUDUSD Weekly Analysis – December 24, 2017

AUDUSD is now facing 0.7729 resistance. A breakout of this level will confirm that the downside movement from 0.8124 had completed at 0.7501 already, then further rally towards 0.7897 resistance could be seen. Support levels are at 0.7580 and 0.7501, only break below these levels could take price back towards…
Source: AUDUSD Weekly Analysis – December 24, 2017

USDCAD Daily Analysis – December 21, 2017

USDCAD broke below 1.2835 support, indicating that the short term uptrend from 1.2623 had completed at 1.2920 already. Deeper decline towards 1.2713 support could be expected in the coming days. A breakdown below this level could trigger further downside movement towards 1.2623. Resistance is at 1.2920, only break above this…
Source: USDCAD Daily Analysis – December 21, 2017