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Forex Analysis

Created by: FxsuccessBD | 0

USD/JPY must hold major support at 106.60 before mounting towards 107.46 or even 107.75 boundaries. Ex-High: 107.41 Ex-Low: 106.78 Supports and Resistance levels: Support 1: 106.84 Supports 2: 106.49 Resistance 1: 107.47 Resistances 2: 107.76 Pivot: 107.12

Created by: FxsuccessBD | 0

EUR/USD looks further likely that it would ascend to 1.1405 - 1.1442 from 1.1356 or 1.1337. Following which a downside move is accepted. Ex-High: 1.1412 Ex-Low: 1.1344 Supports and Resistance levels: Support 1: 1.1337 Supports 2: 1.1307 Resistance 1: 1.1405 Resistances 2: 1.1442 Pivot: 1.1374

Created by: FxsuccessBD | 0

USD/CAD should try higher up to 1.3217. Entry point 1.3199 or 1.3190. After this rise, a correction is expected. Ex-High: 1.3217 Ex-Low: 1.3162 Supports and Resistance levels: Support 1: 1.3181 Supports 2: 1.3144 Resistance 1: 1.3236 Resistances 2: 1.3254 Pivot: 1.3199

Created by: FxsuccessBD | 0

USD/JPY essential test 108.11 regions following which a selloff down to 107.25 or extended to 106.83 areas are expected. Ex-High: 107.73 Ex-Low: 107.04 Supports and Resistance levels: Support 1: 107.25 Supports 2: 106.83 Resistance 1: 107.89 Resistances 2: 108.11 Pivot: 107.47

Created by: FxsuccessBD | 0

EUR/USD recent rise must end around 1.1386 or 1.1395. Objectives of this downmove are 1.1332 or 1.1288. A rise above 1.1395 is yet again bullish. Ex-High: 1.1377 Ex-Low: 1.1283 Supports and Resistance levels: Support 1: 1.1332 Supports 2: 1.1288 Resistance 1: 1.1362 Resistances 2: 1.1395 Pivot: 1.1332

Upwards scenario: Market sentiment remains bearish, however pullback formation is possible today. Price tag at 1.2607 (R1) provides next resistive measure. Clearance here would suggest further appreciation towards to our initial targets at 1.2640 (R2) and 1.2674 (R3). Downwards scenario: Market could test an important support level at 1.2578 (S1) on the downside. Loss here would suggest next target at 1.2545 (S2) and 1.2512 (S3) in potential. Resistance Levels: 1.2607, 1.2640, 1.2674 Support Levels: 1.2578, 1.2545, 1.2512

If the EUR/USD stays under 1.1334 a fall to around 1.1322 is accepted. If itbreaks the point 1.1337 it probably will reach the sky. Ex-High: 1.1335 Ex-Low: 1.1326 Supports and Resistance levels: Support 1: 1.1328 Supports 2: 1.1322 Resistance 1: 1.1337 Resistances 2: 1.1340 Pivot: 1.1331

Created by: FxsuccessBD | 0

Upwards scenario: To prolong upwards extension, EURUSD required to clear resistive measure at 1.1347 (R1). Loss here would open route towards to resistances at 1.1377 (R2) and 1.1407 (R3) Downwards scenario: Risk of possible market easing is seen below the key support level at 1.1320 (S1), provided by the local low. Loss here would suggest next intraday target at 1.1289 (S2) and then final aim could be exposed at 1.1256 (S3) later on today. Resistance Levels: 1.1347, 1.1377, 1.1407 Support Levels: 1.1320, 1.1289, 1.1256

Created by: FxsuccessBD | 0

AUD/USD have to try top up to 0.6964 - 0.6970. Entry point 0.6958 or 0.6954. Following this climb, a correction is accepted. Ex-High: 0.6967 Ex-Low: 0.6947 Supports and Resistance levels: Support 1: 0.6950 Supports 2: 0.6939 Resistance 1: 0.6970 Resistances 2: 0.6978 Pivot: 0.6958

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