Important CAD Pairs’ Technical Outlook: 14.12.2017

ธันวาคม 14, 2017 12:38

USDCAD

Considering USDCAD's latest bounce from 1.2800–1.2790 support-zone, the pair seems again heading to confront the seven-week old descending TL resistance, at 1.2890; however, 1.2870 might offer an intermediate halt during its recovery. In case if the quote manages to conquer the 1.2890 mark, it can quickly rise to 1.2920 b...


Chart Of The Day: EURAUD Breaks Horizontal Support, Signals Further Downside

ธันวาคม 14, 2017 05:55

With the clear break of 1.5450-60 horizontal-support, the EURAUD signals further downside to 1.5390 before taking a rest around 1.5350-45 region. However, pair's additional south-run beneath 1.5345 might find it hard to conquer a two-month old upward slanting trend-line figure of 1.5280, which if broken could drag the quote towards...


Technical Overview of GBPUSD, GBPJPY, GBPAUD & GBPNZD: 13.12.2017

ธันวาคม 13, 2017 12:39

GBPUSD

Although better than expected UK Earnings triggered the GBPUSD's bounce, the pair still remains below a short-term ascending trend-line, at 1.3370, that it broke yesterday. As a result, the pair's pullback to 1.3300 round-figure can't be denied if FOMC pleases the greenback Bulls; however, 50-day SMA level of 1.3245...


Technical Talk: 13.12.2017

ธันวาคม 13, 2017 08:17

Pair

Trend

Support 1

Support 2

Resistance 1

Resistance 2

EURUSD

UP

1.1720

1.1700

1.1775

1.1840

USDJPY

DOWN

113.00

112.85

113.70

114.00

AUDCAD

DOWN

0.9710

0.9690

0.9735

0.9765

Considering the EURUSD's repeated bounces from 1.1730-20 support-zone, chances of the pair's break of short-term "Falling-Wedge" resistance, at 1.1775 now, on FOMC's...


Chart Of The Day: AUDCAD Struggles To Clear Immediate TL Resistance

ธันวาคม 13, 2017 05:54

Even after registering gradual recovery during last one-week, the AUDCAD is presently struggling with an immediate trend-line, at 0.9735, in order to justify its strength in targeting the 0.9765 and the 0.9780-90 horizontal-region. Should the pair manage to clear the 0.9735 and successfully trade beyond 0.9790, the 0.9830, the 0.9860...