Looking at the chart on the weekly time frame, we see that the AUD/CAD pair has a resistance of 0.99000 reached the high of June 2018, but after that, a real pullback. We can look for the support zone at the breaking point of the previous lower high within the bulls of impulses at 0.96500, the psychological level below is at 0.95000. Following the moving averages,...
Looking at the chart on the weekly time frame, we see that the USD/CAD pair found support above 1.25000 and made a reverse trend. We can look for potential resistance at 1.30000. Following the moving averages, we see that the pair will soon meet MA20 and EMA 20, and whether they will become support depends on global economic influences. If the situation remains...
Looking at the chart on a weekly time frame, we see a long-term upward trend with certain pullbacks. For now, the EUR/CAD pair has the support of all moving averages, but in general, the pair is under great pressure and very volatile in the short price range. We can pay attention to the moving average MA20 and EMA20 because they are a good indicator of the...
Looking at the chart on the weekly time frame, we see that the AUD/JPY pair is making a smaller pullback within the bullish trend from last year, currently testing the MA200 and EMA200 as long-term trend support. We can say that the AUD/JPY pair is now consolidating around 80.00 in the next short term. The break above that consolidation takes us into the zone at...
Looking at the graphon on the weekly time frame, we can see that the NZD/USD pair is now starting to make a consolidation above 0.71500; technically speaking, the graph makes a FLAG pattern on this time frame. We need another confirmation break above the previous high at 0.73100. By setting the Fibonacci retracement level, we see that the pair is now testing 50.0%...
Looking at the chart on the weekly time frame, we see one big uptrend from 2014 with a certain pullback this making one big channel. In that channel, as we can see, the moving average of the MA200 (purple line) is very important, and as we can see, when the EUR/AUD pair fell below, it took a little time, and it quickly returned above the MA200. We can also expect...
Looking at the chart on the weekly time frame, we see that the EUR/JPY pair finds resistance at the Fibonacci level of 38.2%. At the same time, the bottom side has strong support for moving averages and almost the MA200, which can be psychological support to buyers to continue the bullish scenario. Below we also have a trend line as support that resists for now,...
Looking at the chart on the weekly time frame, we see that the USD/CAD pair is in a strong bearish trend and that there is no indication of strength for the trend to change in the coming period. We now need to look at the psychological level at 1.25000 as potential support. Bullish is not an option; for now, technically, there is no signal for such a thing in this...
Looking at the chart on the weekly time frame, we see that the pair has been very bullish for the last two months and that this year a break has been made above the moving averages that are now on the support side towards higher levels. The pair is currently in the essential zone at 1.08000-1.08300, which was also a resistance zone in previous periods. To continue...
Looking at the chart on the weekly time frame, we see that the EUR/JPY pair reached the zone around 127.00 but failed to stay above, and now the pullback is in effect. Currently, testing is a moving average of the MA200 (purple line), the break was made below, and there is now a chance it will still slide down. Also, on the chart, we see that the previous...
Looking at the chart on the weekly time frame, we see the continuation of the bearish trend in the first half of January and the continuation towards the lower levels and the target of 1.55000. we can also notice that the pair fell below the moving average MA200 (purple line), and this last happened in July 2017; when we set the Fibonacci retracement level, we see...
Looking at the chart on the weekly time frame, we see that the euro is discounting against the pound. The pair fails to stay above 0.92000 and slides down to the current 0.88800. Important on this chart is the moving average of the MA100 (blue line) and MA200 (purple line), which we can now view as support or see the beak below as resistance and a signal for a...
Looking at the chart on the weekly time frame, we see that this pair last week failed to stay above 1.23000, making a big wick on the previous candlestick, making a downward turn. Below we have support at 1.20000, which is a psychological level for investors. The shorter time frame is bearish momentum, and we need to follow it to the end because the current...
Looking at the chart on the weekly time frame, we see that the AUD started the week badly against the dollar and that if this week closes in red, we can expect the correction to continue to 0.75000. Today is Monday, and it’s still early for some safer sell signal. If we follow the Fibonacci level and expect a pullback as the target, we can have a Fibonacci level...
Looking at the weekly time frame graph, we see that the pair is now at a Fibonacci level of 38.2% at 1.26700. The bearish scenario is still in force, and we can expect a sequel in the coming period. Before that, it is possible to consolidate at this Fibonacci level for the dollar to take a break. On the upper side, we also have a trend line, which is a big...
Looking at the chart weekly, we see a strong bearish scenario, with a pullback within the weekly candlestick. In this time frame, we see that our solid resistance is run by the average MA20 (light blue line). This week’s candlestick is bullish and will probably close. On the bullish option, if we see it at all, it will be short-lived. On the daily time frame, we...
Looking at the chart on the weekly time frame, we see a strong bullish trend from March 2020, with the potential to continue further towards higher levels on the chart towards 82-83.00. The pair also crossed the moving average of the MA200 last week, so it now has the support of all moving averages. By setting the Fibonacci, we see that 61.8% was made a break...
Looking at the chart on the weekly time frame, we see a bearish trend in the coming period. The dollar has been under pressure for a long time, while the Japanese yen has always been a safe currency for investors, especially now due to the global coronavirus pandemic. On the chart from the top, we see the long-term trend line as resistance and moving averages that...