Technical Overview Of GBPUSD, GBPJPY, GBPNZD & GBPCAD: 23.11.2017

Tháng Mười Một 23, 2017 13:10

GBPUSD

Irrespective of the GBPUSD's failure to surpass 1.3335-40 resistance-confluence, the pair can't be termed weak unless breaking the short-term ascending trend-channel support of 1.3230; though, chances of its pullback to 1.3260 can't be denied. If at all the pair defies channel formation by conquering 1.3230, it can quickly drop...


Chart Of The Day: Descending TLs Could Challenge NZDCAD’s Latest Pullback

Tháng Mười Một 23, 2017 06:28

Even after bouncing off from near 2016 lows, the NZDCAD's latest pullback might find it hard to confront the immediate descending trend-lines that are at 0.8755 & at 0.8785 respectively. Should the pair successfully surpass these TL marks, it can rally to the 0.8820, the 0.8850 and the 0.8870 resistance-levels....


Technical Checks For Important CHF Pairs: 22.11.2017

Tháng Mười Một 22, 2017 11:29

USDCHF

While pullback moves from 0.9945 triggered the USDCHF's decline, nearly six-week long ascending trend-line, at 0.9870 now, might confine the pair's downside, if not, then its extended drop to the 0.9850 and the 0.9835 horizontal-line become imminent. In case if additional selling pressure fetches the pair below 0.9835, the...


Technical Talk - 22.11.2017

Tháng Mười Một 22, 2017 08:52


Pair

Trend

Support 1

Support 2

Resistance 1

Resistance 2

GBPUSD

UP

1.3220

1.3180

1.3260

1.3290

NZDUSD

DOWN

0.6800

0.6780

0.6850

0.6880

EURCHF

UP

1.1615

1.1600

1.1665

1.1690

GBPUSD again confronts the 50-day SMA level of 1.3260 that has been restricting the pair's upside off-late. Should upbeat UK releases help...


Chart of the Day: Near-Term Important Support-Lines May Restrict EURCHF’s Decline

Tháng Mười Một 22, 2017 06:16

EURCHF's inability to sustain the recent pullback is less likely to trigger its plunge as two of the near-term important support-lines, namely the horizontal-line at 1.1615 and an ascending TL around 1.1600, are still left to be conquered. As a result, the pair's U-turn to 1.1665 and then to the...