USDCAD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 11 hours.
EURAUD is moving towards a line of 1.5511 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If EURAUD continues in its current trajectory, we may see it move towards 1.5511 within the next
AUDNZD has moved higher by 3.49% from 1.0476 to 1.08414 in the last 25 days.
AUDCHF is moving towards a line of 0.6320 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If AUDCHF continues in its current trajectory, we may see it move towards 0.6320 within the next
GBPCAD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 4 days and may test it again within the next 10 hours.
El EURTRY atravesó la línea de resistencia. Como ya lo hemos visto retroceder desde esta posición en el pasado, deberíamos esperar la confirmación de la ruptura antes de operar. Ha llegado a esta línea en numerosas ocasiones en los últimos 13 días, lo cual sugiere un posible nivel objetivo alrededor de 20.1375 dentro de las próximas 2 días.
EURTRY has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 13 days and suggests a possible target level to be around 20.1375 within the next 2 days.
EURUSD has broken through a line of 1.0635 and suggests a possible movement to 1.0701 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 15 days.
USDCAD is heading towards a line of 1.3599. If this movement continues, the price of USDCAD could test 1.3599 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
EURCHF has broken through a line of 0.9840 and suggests a possible movement to 0.9815 within the next 20 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 8 days.
