USDJPY Daily Analysis – November 14, 2019

USDJPY is facing 108.64 support, as long as this level holds, the pullback from 109.48 could be treated as consolidation for the uptrend from 107.88, another rise to 110.00 area is possible after the consolidation. On the downside, a breakdown below 108.64 support would indicate that the upside movement had completed at 109.48 already, then … Continue reading “USDJPY Daily Analysis – November 14, 2019”

USDCAD Daily Analysis – November 14, 2019

USDCAD extended its upside movement from 1.3114 to as high as 1.3268. As long as the price is in the rising channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3300 area. Key support is at 1.3212, a breakdown below this level would indicate that … Continue reading “USDCAD Daily Analysis – November 14, 2019”

EURUSD Daily Analysis – November 14, 2019

EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1175. As long as the channel resistance holds, the downtrend could be expected to continue and next target would be at 1.0950 area. Key resistance is at 1.1043, only break above this level would indicate that the downside … Continue reading “EURUSD Daily Analysis – November 14, 2019”

EURUSD Daily Analysis – November 13, 2019

EURUSD extended its downside movement from 1.1175 to as low as 1.1002. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.0950 area. Key resistance is at 1.1043, only break above this level could signal … Continue reading “EURUSD Daily Analysis – November 13, 2019”

USDCAD Daily Analysis – November 13, 2019

USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3114. As long as the channel support holds, the pullback from 1.3257 could be treated as consolidation for the uptrend and further rise to 1.3300 area is still possible. Key support is at 1.3212, only break below this … Continue reading “USDCAD Daily Analysis – November 13, 2019”