USDJPY Daily Analysis – February 26, 2019

After touching 111.12 resistance, USDJPY pulled back into the trading range between 110.25 and 111.12, suggesting that lengthier consolidation for the uptrend from 108.49 is needed. However, as long as 110.25 support holds, one more rise towards 112.00 is still possible. Only a breakdown below 110.25 support could bring the…
Source: USDJPY Daily Analysis – February 26, 2019

USDCAD Weekly Analysis – February 24, 2019

USDCAD continued its sideways movement in a trading range between 1.3068 and 1.3375. As long as 1.3375 resistance holds, the price action in the trading range could be treated as consolidation for the downtrend from 1.3664, a breakdown below 1.3068 support could trigger further downside movement towards 1.2900. Only a…
Source: USDCAD Weekly Analysis – February 24, 2019