Technical Checks For GBPNZD, AUDNZD & NZDJPY: 19.01.2018

Fri, 19 Jan 2018 12:54

GBPNZD

Even if an immediate ascending trend-line continue favoring the GBPNZD's upside, month-long downward slanting TL, at 1.9075, could confine the pair's immediate advances. Should the pair manage to surpass the 1.9075 barrier, it can rise to 1.9160 and then to the 1.9240; however, the 1.9260-65 horizontal-region could restrict the...


Technical Talk: 19.01.2018

Fri, 19 Jan 2018 09:29

Pair

Trend

Support 1

Support 2

Resistance 1

Resistance 2

AUDUSD

UP

0.8000

0.7970

0.8040

0.8065

NZDUSD

UP

0.7265

0.7240

0.7315

0.7330

EURCAD

DOWN

1.5140

1.5075

1.5260

1.5300

AUSDUSD's sustained trading beyond 0.8000 enables it to confront the 0.8040 and the 0.8060-65 barriers but a downside break of the psychological-mark...


Chart Of The Day: EURCAD Again Aims To Confront Important Resistance

Fri, 19 Jan 2018 06:44

Following its successful reversal from nearly a year-long ascending trend-line support, the EURCAD again aims to confront the crucial 1.5250-60 horizontal-region that has been restricting the pair's up-moves since mid-2017. Should the pair manage to surpass the 1.5260 on a daily closing basis, it can rally to 1.5300 and the...


Technical Update For USDCHF, GBPCHF, NZDCHF & CADCHF: 18.01.2018

Thu, 18 Jan 2018 12:43

USDCHF

Considering the strength of three-month old descending trend-channel's support, coupled with oversold RSI, the USDCHF's latest U-turn from 0.9665 might find it hard to stretch its decline beneath the 0.9560 rest-point. However, break of 0.9560 can quickly trigger the pair's south-run towards 0.9525 and then to the 0.9500 support-marks,...


Chart Of The Day: Failure To Break Immediate Resistance-Region Signals EURAUD’s Further Downside

Thu, 18 Jan 2018 06:44

If we look at the EURAUD's repeated failures to surpass the 1.5430-40 horizontal-region, one thing can be ascertained that the pair is more inclined to re-test the 1.5220 horizontal-line; however, its following downturn becomes questionable considering oversold RSI. Given the quote refrains to respect the 1.5220 support-line, it can quickly...