Last week, the advance of GBP/CAD was contained by the 100-week MA at 1.71. On the D1, the pair closed yesterday below the 200-day MA at 1.6883.
Daily Market Analysis
On the W1, EUR/NZD formed a candlestick with a long upper wick - a sign that sellers are strong in the 1.76 area.
AUD/CAD is trying to hold at some important long-term levels. A limited upside is possible from here.
What is the best way to bet on the positive outcome of the Brexit deal? Technically, the GBP has bullish potential versus the JPY.
There are many positive developments in AUD/JPY. Will it be able to continue rising?
NZD/JPY is surviving a period of correction/consolidation within the long-term downtrend.
USD/CAD has recently been actively testing levels below the July-September support line.
To trade the market sentiment in relation to the US-China trade war, you can bet on the stock of Apple.
CAD/JPY has risen to 82.50 but met the resistance of the 50-day MA. The price action resembles a "Butterfly pattern". Learn more!
CHF/JPY is trading at the resistance line since September 2018 high. The upside is also limited by the 100-day MA at 108.85.
EUR/NZD is consolidating within a symmetric triangle around 1.7400. Where will it go next?
GBP/CAD made a huge leap to the upside yesterday and got above 1.65 and arrived at the resistance line from May.