Following USDCAD's U-turn from 200-day SMA, the pair now seems declining towards 1.3190 before challenging more than a year-long ascending trend-line support around 1.3160. Given the pair continue nurturing Bears and drop below 1.3160 on a daily closing basis, the 1.3110 and the 1.3055 are likely following supports to...
USDCAD's break of immediate ascending trend-line support indicates the pair's further downturn towards testing 1.3160 with 1.3285 being nearby resistance. Further, EURUSD...
With nearly a fortnight old ascending trend-line restricting AUDJPY's downside, the pair seems now aiming for 84.40 and the 84.80 nearby resistances prior to challenging early-week high around 85.10. Given the pair's successful trading above 85.10, the 61.8% FE level of 85.30 may offer an intermediate halt during its upward...
AUDUSD's pullback moves from 0.7540 could be challenged by the 0.7565-70 horizontal-line, which in-turn might trigger the pair's fresh drop towards 0.7540 re-test, breaking which 0.7520-15 area becomes crucial for traders to watch. Should sellers refrain from respecting the 0.7515 support, the 0.7500 may act as an intermediate halt...
Even if 112.45 horizontal-line triggered CHFJPY's recovery during last-Thursday, the pair failed to extend the momentum beyond short-term descending trend-line resistance, at 114.65, within current week. As a result, the pair's immediate pullback to 113.80 and a subsequent drop to 113.00 round-figure become more likely. However, pair's following downturn below...