Forex Trading Library

Intraday Analysis 15.06.2026

USD continuing to climb

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USDCAD testing fresh resistance
USD/CAD chart showing a strong bullish trend as price approaches a key resistance zone after an extended rally.

The American dollar extends the rally as the pair attempts to break above 1.4000.

  • Price action has moved another 30 pips higher after weeks of upward dominance.
  • A bullish continuation would be a decisive signal that the greenback could extend towards 1.4065.
  • 1.3915 is the first support in case of hesitation, and 1.3840 is a critical support to maintain an upward bias.

EURJPY remains bullish
EUR/JPY chart highlighting continued upward momentum with price consolidating near a major resistance area.

Improved risk appetite continues to favour the Euro, with the pair gaining over 100 pips in recent sessions against the Yen.

  • As the pair sticks to a brief consolidation, a hold above 185.50 could force short-term sellers out, leaving the door open to a potential broader extension.
  • The round number of 186.00 is the next hurdle higher.
  • On the downside, a move below 185.00 is needed for sellers to test the previous bottom towards 184.20.

Dax index (Ger40) reaching for a peak
Germany 40 chart showing an ongoing uptrend with the index trading near record highs and testing resistance.

The Dax index (Ger40) reached a fresh peak in recent sessions as the index looks to continue higher.

  • Prices look to remain elevated after hitting a double bottom.
  • 24900 is the next target ahead, although the RSI’s indecisiveness could lead to a reversal if buyers start to close some profits.
  • 24200 is the closest support, and 2400 is the next layer of defence in case of a deeper retreat.

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