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USD/CAD Daily Analysis – Monday, December 18
USD/CAD is facing 1.2916 resistance once again. A breakout of this level could trigger further upside movement towards 1.3100.
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USD/JPY Weekly Analysis – December 17, 2017
USD/JPY moved sideways in a trading range between 110.84 and 114.73. As long as 110.84 support holds, the sideways movement could be treated as consolidation of the uptrend from 107.31.
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USDCAD Daily Analysis – Friday, Dec. 15
USDCAD dropped sharply from 1.2892 to as low as 1.2713. Further decline is still possible after consolidation and next target would be at 1.2623 support.
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USDCAD Daily Analysis – Thursday, Dec. 14
USDCAD broke below 1.2804 support, suggesting that the upside movement from 1.2623 had completed at 1.2892 already. Further decline towards 1.2623 would likely be seen in the coming days.
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AUDUSD Daily Analysis – Wednesday, Dec. 13
AUDUSD broke above 0.7545 resistance, suggesting that the short-term downtrend from 0.7653 had completed at 0.7501 already.
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USDCAD Daily Analysis – Wednesday, Dec. 13
USDCAD extended its upside movement from 1.2623 to as high as 1.2892. Near-term support is at 1.2804.
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The Biggest Problem With Using Indicators
Indicators are commonly considered as abstract and confusing by a lot of people. Forex analysis can be obscured by indicators since there are so many options from which you can choose. What makes indicators fail so hard for some people?

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