EUR/CAD strengthened last week but ran into the resistance of the 100-day MA around 1.4675.
Daily Market Analysis
NZD/CAD testing 6-weeks resistance on November 1
USD/CAD shot up this week but met the resistance of the daily MAs in the 1.3200 area. Here’s also the 50% retracement of the October advance.
Price action in NZD/USD strongly resembles the so-called “cup and a handle” pattern on the D1.
The stock of Intel jumped last week above $56 propelled by the strong earnings report. Can it get even higher?
Have a look at the chart of CAD/CHF: the pair is testing daily moving averages.
This week three major institutions release their respective interest rate decisions; we examine the conditions and consequences of each one
During the summer months, EUR/CAD broke an important support line and traded with a bearish bias ever since.
AUD/JPY is trying to return to positive dynamics. The level of 74.50 which earlier acted as resistance is now functioning as support.
On October 16, GBP/AUD met resistance in the 1.9090 area (resistance line from March highs).
The earnings season in the United States continues…
On the H1 chart of NZD/CAD, the price once again bounced back from the local resistance level of 0.8404 and is on the way down to support at 0.8281.