Technical Outlook For Important JPY Pairs: 20.06.2018

Wed, 20 Jun 2018 17:50

USDJPY

With the 109.55-50 support-region activating USDJPY's U-turn, the pair seems eager enough to confront the support-turned-resistance line of 110.35 for one more time. If comparative USD strength clears the 110.35 barrier, the 110.80-85 horizontal-region and the 111.40 resistances should be watched closely as break of which could open the...


Technical Talk: 20.06.2018

Wed, 20 Jun 2018 15:09

Pair

Trend

Support 1

Support 2

Resistance 1

Resistance 2

USDCAD

UP

1.3275

1.3230

1.3330

1.3380

USDCHF

DOWN

0.9900

0.9880

0.9980

1.0035

CADCHF

UP

0.7470

0.7425

0.7515

0.7540

USDCAD's sustained trading beyond a longer-term ascending trend-line, at 1.3275, signals brighter chances for the pair's further rise towards 1.3330 & 1.3380...


Chart Of The Day: CADCHF Bounces Off The Support-Zone To Confront Important Resistances

Wed, 20 Jun 2018 11:40

CADCHF's bounce off the 0.7480-70 support-zone signals brighter chances for the pair's recovery towards 0.7515; however, the 100-day SMA level of 0.7540 and a month-old descending trend-line, at 0.7565, could challenge the pair's following upside. In case if the quote manage to provide a daily closing beyond 0.7565 TL, Bulls...


Technical Checks For EURUSD, NZDUSD, USDCAD & USDCHF: 19.06.2018

Tue, 19 Jun 2018 19:16

EURUSD

Having failed to clear the 1.1835-50 horizontal region, the EURUSD is likely revisiting the 1.1510-1.1500 support-zone; though, oversold RSI might confine the pair's following downturn, if not then the 1.1475 and the 1.1440 could quickly appear on the chart. In case if the pair continue trading southwards after 1.1440,...


Technical Talk: 19.06.2018

Tue, 19 Jun 2018 16:02

Pair

Trend

Support 1

Support 2

Resistance 1

Resistance 2

AUDUSD

UP

0.7360

0.7330

0.7415

0.7450

NZDUSD

DOWN

0.6880

0.6850

0.6925

0.6960

AUDNZD

UP

1.0655

1.0615

1.0700

1.0740

Even after declining heavily during recent days, the 0.7365-60 support-zone, coupled with oversold RSI, could trigger the AUDUSD's pullback towards 0.7415 &...