Technical Checks For EURUSD, USDJPY, NZDUSD & USDCHF: 21.02.2017

Tháng Hai 21, 2017 11:49

EURUSD

The EUR has been a victim of on-going pessimism surrounding French and German elections in such a way that even stronger than forecast EU & German PMIs fail to stop the regional currency's downside. The EURUSD, not being an exception, recently dropped below short-term ascending trend-line and is aiming...


Chart Of The Day: AUDNZD Again Heads To Important Horizontal-Resistance

Tháng Hai 21, 2017 06:18

AUDNZD's successful trading above 1.0630 presently helps the pair to again look towards confronting 1.0735-40 horizontal-line resistance which tamed its upside attempts multiple times during late-2016. Considering overbought RSI and strength of the resistance-line, chances of the pair's failure to break 1.0740 and witnessing follow-on pullbacks to 1.0650 & 1.0630...


Chart Of The Day: Failure To Surpass Descending Trend-Line Pulls USDCAD Back

Tháng Hai 20, 2017 07:25

Although 1.3040-35 horizontal-line triggered USDCAD's bounce during last-week, the pair again failed to surpass two-month old descending trend-line, at 1.3120 now, and is presently witnessing pullback towards 1.3060 & 1.3040-35 re-test. Given the quote drops below 1.3035, the 1.3000 psychological magnet might offer intermediate halt prior to dragging it to...


Technical Outlook Of GBPUSD, GBPAUD And GBPCAD: 17.02.2017

Tháng Hai 17, 2017 11:54

GBPUSD

Following consecutive second contraction in UK Retail Sales, the GBP plunged across the board and forced GBPUSD to confront a month-old ascending trend-line support of 1.2395, breaking which 50% Fibonacci Retracement level of 1.2345 becomes imminent to appear on the chart. Given the pair extend its south-run and drops...


Technical Talks - 17.02.17

Tháng Hai 17, 2017 08:08

Pair

Trend

Support 1

Support 2

Resistance 1

Resistance 2

EURUSD

UP

1.0640

1.0590

1.0715

1.0755

USDCAD

UP

1.3040

1.3000

1.3100

1.3150

GBPAUD

DOWN

1.6190

1.6150

1.6270

1.6310

While EURUSD already broke short-term descending trend-channel, it becomes likely to visit 1.0710-15 but failure to stretch its advances might drag the...