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Technical Overview of EUR/AUD, AUD/JPY and GBP/AUD Currency Pair EUR AUD EUR traded higher against AUD and closed at 1.5936. Below 200 and 50 EMA. Making a series of Lower Highs and Lower Lows. A Bearish/Resistance Trend line Formed. Better option is to trade the strength of AUD and Remain...

Technical Overview of AUD/USD and EUR/JPY Currency Pair AUD USD AUD traded higher against USD and closed at 0.7008. Higher After Post-Aus Jobs Short-Covering AUD/NZD rallied from a 4-month low at 1.0404 to 1.0435. AUD/USD rally was short-covering as it doesn't change RBA expectations...

Technical Overview of AUD/USD and USD/JPY Currency Pair AUD USD AUD traded higher against USD and closed at 0.7022. Maintain a bullish data; Staying Long is more favorable as compared to short. Daily chart has a break above close above 10 EMA. Targets may be 0.73, Daily High and Weekly High...

Technical Overview of USD/CAD and USD/JPY Currency Pair USD CAD USD traded lower against CAD and closed at 1.3069. Trades near the yearly-low (1.3037) even though the Bank of Canada (BoC) endorses a wait-and-see approach for monetary policy, and recent price action keeps the downside targets...

Technical Overview of EUR/USD and AUD/USD and GBP/NZD Currency Pair EUR USD EUR traded higher against USD and closed at 1.1208. EUR is expected to trade sideways, likely within a 1.1190/1.1230 range. According to the Analysis, pair is expected to find support at 1.11943 and a fall through...

Technical Overview of GBP/USD and EUR/JPY Currency Pair GBP USD GBP traded higher against USD and closed at 1.2527. GBP/USD - Charts Suggest the 2019 Low Is Vulnerable. D1 and H4 200 EMA Heads to south. Broke D1 Ib towards the down side. Broke the Quarter Support and Month Support. Series of...

Technical Overview of AUD/USD Currency Pair AUD USD AUD traded higher against USD and closed at 0.6963. The Reserve Bank of Australia (RBA), as was widely expected, decided to cut interest rates for the second month in a row to a historic low level of 1.0% at its July monetary policy meeting...

Technical Overview of USD/CNH, USD/CHF and USD/CAD Currency Pair USD CNH USD traded higher against CNH and closed at 6.8679. G20 Summit is over now, it’s expected that the weakness of the USD may continue. On the other hand we may see strength in the safe heaven and CNH. President Donald...

Technical Overview of EUR/CHF, EUR/JPY and AUD/JPY Currency Pair EUR CHF EUR traded higher against CHF and closed at 1.1116. Long-term trend: Neutral. The weekly close below support around 1.1130 suggests further selling pressure. Short-term trend: Down. The consolidation below the lower end...

Technical Overview of EUR/USD and GBP/USD Currency Pair EUR USD EUR traded lower against USD and closed at 1.1365. EUR/USD position as the second-best G-10 FX trade in months leading up to the first Fed cut, only outpaced by a long EUR/NZD position. ECB easing is also a done deal now, as...

Technical Overview of USD/JPY, EUR/USD and AUD/USD Currency Pair USD JPY USD traded lower against JPY and closed at 107.29. The Citigroup analysts make a case for buying the dips in the USD/JPY pair below 107.50 support area, as they believe the downside doesn’t look more compelling. USD...

Technical Overview of GBP/USD and AUD/USD Currency Pair GBP USD GBP traded lower against USD and closed at 1.2697. Sterling slips after BoE holds rates but cuts growth forecast The BoE message was far less dovish than the U.S. Federal Reserve and European Central Bank, which this week opened...

Technical Overview of EUR/USD, USD/JPY and EUR/JPY Currency Pair EUR USD EUR traded higher against USD and closed at 1.1193. Long-term trend: Down EUR USD still moving within 8 years of falling trend channel. Short-term trend: Neutral Breaking below solid support around 1.1220. According to...

Technical Overview of AUD/USD, CHF/JPY, AUD/CAD and EUR/JPY Currency Pair AUD USD AUD traded higher against USD and closed at 0.6869. 1 - 1 month long consolidation 0.6850-0.7000 threatens to be below because of the rate cut news. 2 - RBA will be cutting rates to 0.75% till November. 3 - On a...

Technical Overview of USD/CNH Currency Pair USD CNH USD traded higher against CNH and closed at 6.9286 G-20 Meeting Ahead on 28th June for US China Issues! 4 Possible outcomes at the coming G20 meeting: (1) President Xi does not show at the G20 and the US imposes more tariffs - USDCNH likely...

Technical Overview of USD Dollar Index USD Dollar Index Here we see a very interesting scenario that 1 - USD Index is in a range, the range continues buy Pound Swissie and Euro. All the above mentioned pairs share the same formations. 2 - A Motherbar/Insidebar found @ D1 time frame. 3 -...

Technical Overview of USD/CHF and EUR/USD Currency Pair USD CHF The USD traded higher against the CHF and closed at 0.9897. 1 - Fundamentally the pair to follow Risk Aversion. 2 - It stalls in between the previous week value area HIGH & LOW. 3 - The VPOC level is in confluence with...

Technical Overview of AUD/CAD and EUR/GBP Currency Pair AUD CAD The AUD traded higher against the CAD and closed at 0.9291. As mentioned earlier that AUDCAD has been in a Double Top Formation. Now we see that we have 1- Broke the neckline. 2 - Broke the previous Value Area Low and VPOC...

Technical Overview of EUR/GBP Currency Pair EUR GBP The EUR traded higher against the GBP and closed at 0.8841. Overall the market may be in a range because of NFP scheduled for Friday. The pair stalls at the weekly Pivot. It has a major resistance at 0.9000 Level (Distribution level). We...

Technical Overview of NZD/CAD Currency Pair NZD CAD The NZD traded higher against the CAD and closed at 0.8849. Very Interesting pair for now. Main trend aka 60/80 Ema is towards south. The pair made a Pivot low candle support trend line. It formed a Mb/Ib. It’s above weekly Pivot and has...