Another GBP pair with solid run in the past. Longer term trendline still in play (4 years). Not seeing enough push to break the trend for now. Look below for now. - See more at: www.mystockstream.com
GBP/AUD made some impressive run before the scottish referendum and now its starting to retrace some of the gains. The downward channel is still in tact with daily close below the channel top. Look low for the short term. - See more at: www.mystockstream.com
AUD/CAD coming at the downward channel support at arounf 0.9760. It also has 61.8 fib level support just above it at 0.9767. A break of this support could open the way for 0.9630 and then 0.9600. Otherwise if the support holds, we could see the pair at 0.9900 initially followed by 1.00 level. Although we are bearish for this pair in the longer term, we belive the...