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Trends point up

BusDriver Posted 30 Dec. as Analysis on CHF/JPY, Target: 123.0000, Date: 3rd of February, 12:00 GMT  in #Technical analysis #CHF/JPY
This pair has experienced a spectacular UPtrend in the last years:
The hourly chart supports this view, presenting a nice steady increase throughout the last month:
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More of the uptrend expected

BusDriver Posted 30 Dec. as Analysis on CAD/JPY, Target: 102.7000, Date: 3rd of February, 12:00 GMT  in #Technical analysis #CAD/JPY
The CAD/JPY has been seeing its value increase for years:
More recently, the December chart has been steadily increasing, so that the best guess is that this trend will continue.
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Sharp decline

BusDriver Posted 30 Dec. as Analysis on CAD/CHF, Target: 0.8290, Date: 3rd of February, 12:00 GMT  in #Technical analysis #CAD/CHF
The CAD/CHF pair is in a sharp and accelerating decline:
The hourly shows another support recently broken, a trend expected:
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"Down-under" currency going down

BusDriver Posted 30 Dec. as Analysis on AUD/USD, Target: 0.8485, Date: 3rd of February, 12:00 GMT  in #Technical analysis #AUD/USD
The Aussie is in a steep DOWNtrend:
The hourly chart also does not leave much doubt as to the future direction:
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Gently DOWNtrend to continue

BusDriver Posted 30 Dec. as Analysis on AUD/JPY, Target: 92.8600, Date: 3rd of February, 12:00 GMT  in #Technical analysis #AUD/JPY
My prediction for this pair is based on the conflict between the weakening AUD and the weakening JPY. Overall, I expect this pair slightly lower in Feb.:
On the hourly, we see a weakening UPtrend that started a couple weeks ago: with this momentum, it will turn into a DOWNtrend shortly:
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DOWNtrend to continue

BusDriver Posted 30 Dec. as Analysis on AUD/CHF, Target: 0.7500, Date: 3rd of February, 12:00 GMT  in #Technical analysis #AUD/CHF
The daily chart shows a clear and strong DOWNtrend, which is expected to continue.
Although the first attempt to break support was not successful, this pair has more than a month from this posting for further attempts:
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D1 DOWNtrend, H1 range

BusDriver Posted 30 Dec. as Analysis on AUD/CAD, Target: 0.9050, Date: 3rd of February, 12:00 GMT  in #Technical analysis #AUD/CAD
ddA year ago, AUD/CAD was in the midst of a spectacular DOWNtrend, which has bottomed in the summer; it then had a nice rally, but has since resumed the DOWNtrend. It is expected to continue, and it the aforementioned summer low does not hold as support, may reach the mid 0.90's.
The last two weeks have kept this pair in a relatively tight range, but the last local high was lower than the previous one, suggesting another try at the support is to be expected:
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Downtrend on H1 and D1 expected to continue

BusDriver Posted 30 Dec. as Analysis on USD/CHF, Target: 0.8843, Date: 3rd of February, 12:00 GMT  in #Technical analysis #USD/CHF
The USD/CHF is trending down and has broken several support levels:
On H1, this currency pair broke another support and bounced back. However, this is probably just a rally in a downtrend, and the latter is expected to resume:
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Rallying on both D1 and H1

BusDriver Posted 30 Dec. as Analysis on GBP/USD, Target: 1.6686, Date: 3rd of February, 12:00 GMT  in #Technical analysis #GBP/USD
GBP/USD is still rallying from the double bottom formed earlier this year. The earlier resistance under $1.64 has been recently broken, so this currency pair is expected to continue to rally.
The hourly chart also shows a nice uptrend, along with a break of a local resistance:
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EUR/USD Bullish on D1 and H1 charts

BusDriver Posted 30 Dec. as Analysis on EUR/USD, Target: 1.4000, Date: 3rd of February, 12:00 GMT  in #Technical analysis #EUR/USD
The daily chart shows an uptrend from 2012 where this currency pair was just over $1.20:
The hourly chart is just as bullish:
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