USDCAD Weekly Analysis – February 2, 2019

by forextradingstrategysystem.com | February 2, 2019 2:51 pm
USDCAD broke below 1.3179 support and extended its downside movement from 1.3664 to as low as 1.3068. As long as the price is below the falling trend line on the daily chart, the downside movement could be...

USDJPY Weekly Analysis – February 2, 2019

by forextradingstrategysystem.com | February 2, 2019 2:50 pm
USDJPY remains in the uptrend from 105.05, the pullback from 109.99 is likely consolidation for the uptrend. Further rise is still possible next week and a break of 109.99 resistance could trigger another bullish move towards 112.00....

AUDUSD Weekly Analysis – February 2, 2019

by forextradingstrategysystem.com | February 2, 2019 2:49 pm
AUDUSD broke above 0.7235 resistance, suggesting that the upside movement from 0.6765 has resumed. Further rise would likely be seen in the coming days and next target would be at 0.7400 area. The key support is at...

GBPUSD Weekly Analysis – February 2, 2019

by forextradingstrategysystem.com | February 2, 2019 2:48 pm
GBPUSD’s upside movement from 1.2396 extended to as high as 1.3217. Support is at 1.2940, as long as this level holds, the upside movement could be expected to continue and next target would be at 1.3500 area....

EURUSD Weekly Analysis – February 2, 2019

by forextradingstrategysystem.com | February 2, 2019 2:47 pm
EURUSD failed to break below 1.1215 support and continued its sideways movement in a trading range between 1.1215 and 1.1570. Another rise to test 1.1570 resistance could be expected next week, above this level could trigger further...

USDCAD Weekly Analysis – January 27, 2019

by forextradingstrategysystem.com | January 27, 2019 7:11 am
USDCAD remains in the downtrend from 1.3664. Further decline could be expected after consolidation and next target would be at 1.3000 area. Resistance is at 1.3375, only break above this level could signal completion of the downtrend.

USDJPY Weekly Analysis – January 27, 2019

by forextradingstrategysystem.com | January 27, 2019 7:10 am
USDJPY’s upside movement from 105.05 extended to as high as 109.99. Further rise is still possible after a minor consolidation and next target would be at 112.00 area. Near term support is at 109.00, a breakdown below...

AUDUSD Weekly Analysis – January 27, 2019

by forextradingstrategysystem.com | January 27, 2019 7:08 am
AUDUSD remains in the uptrend from 0.6765, the pullback from 0.7235 is likely consolidation for the uptrend. Range trading between 0.6900 and 0.7235 would likely be seen in a couple of weeks. Another rise could be expected...

GBPUSD Weekly Analysis – January 27, 2019

by forextradingstrategysystem.com | January 27, 2019 7:06 am
GBPUSD extended its upside movement from 1.2396 to as high as 1.3217. Further rise is still possible after a minor consolidation and next target would be at 1.3500 area. Near term support is at 1.2970, a breakdown...

EURUSD Weekly Analysis – January 27, 2019

by forextradingstrategysystem.com | January 27, 2019 7:05 am
EURUSD broke below the bottom support trend line of the price channel on the daily chart, suggesting that the downside movement from 1.2555 has resumed. Further decline would likely be seen in a couple of weeks and...