Chart Of The Day: Multiple Supports Continue Portraying CADJPY Strength

T5, 15 Th11 2018 11:10

Even if failure to surpass 87.00 barrier dragged CADJPY to a fortnight low, 100-day SMA level of 85.65 and an upward slanting support-line, around 85.25, not to forget the 84.85 number comprising 200-day SMA, are likely challenges that the sellers need to confront. If Bears continue dominating price sentiments past-84.85,...


Important AUD Pairs' Technical Outlook: 14.11.2018

T4, 14 Th11 2018 18:15

AUDUSD

While pullbacks from 0.7235-40 indicate the AUDUSD's dip to re-test fortnight old ascending TL, at 0.7180 now, it's further declines are less likely as not only upward slanting support-line but the 0.7165-60 area also stands ready to challenge the sellers. As a result, chances of the pair's U-turn to...


Technical Talk: 14.11.2018

T4, 14 Th11 2018 13:51

Pair

Trend

Support 1

Support 2

Resistance 1

Resistance 2

USDJPY

UP

113.50

113.10

114.50

114.75

USDCAD

UP

1.3200

1.3170

1.3270

1.3330

NZDCAD

DOWN

0.8915

0.8850

0.8980

0.9000


With its refrain to dip beneath 113.55-50 support-zone, the USDJPY continue signaling its rise to 114.40-50 resistance-region and then to 114.75 mark....


Chart Of The Day: NZDCAD Might Struggle To Extend Its North-Run

T4, 14 Th11 2018 11:19

In spite of trading at the highest level in four-months, the NZDCAD's upside is likely to be challenged by the overbought RSI & 0.8970-80 horizontal-resistance, which in-turn can fetch the quote to the 0.8915 and the 0.8850 nearby supports. However, the 0.8830-20 rest-region may limit the pair's downside past-0.8850, if...


Technical Overview of EURUSD, GBPUSD, USDJPY & NZDUSD: 13.11.2018

T3, 13 Th11 2018 18:22

EURUSD

Given the EURUSD's extended downturn beneath 1.1300-1.1285 support-area, comprising 200-week SMA, the pair is likely to avail the 1.1120 and the 1.1020 rest-points prior to meeting the 1.1000 round-figure. In case the pair continue trading southwards past-1.1000, the 1.0835-25 and the 1.0770 may entertain the Bears. Alternatively, a D1...