GBP/CAD Price Analysis: Bears waiting for break of key support
GBP/CAD bears looking for confirmation of the downside prospects.
Bullish conditions still persist until certain conditions evolve.
GBP/CAD has run into a key resistance on the weekly chart and is primed for a rin to the downside to fill in a monthly wick.
Bears will be looking for 4-hour confirma
- Veron83 :GBP could be entering quite volatile territory as it nears the Oct 15 deadline for Brexit...with no firm deals in sight. Watch out for this volatility while pricing this pair.
- MarianneBarret :bapakau sehat?
- Greenbee :Thanks for this
Dollar Climbs As U.S. Consumer Inflation Picks Up
The U.S. dollar strengthened against its major counterparts in the European session on Friday, as the nation's consumer inflation improved more than forecast in August due to the resumption of activity after COVID-led shutdown.
Data from the Labor Department showed that the consumer price index cl
EUR/USD Price Analysis: Looks south Tuesday's bearish pin bar
EUR/USD is trading in a sideways manner near 1.1915 on Wednesday.
Tuesday's bearish pin bar indicates uptrend exhaustion and scope for a pullback.
EUR/USD could see a notable pullback in the short-term as the daily chart shows signs of uptrend exhaustion.
On Monday, the pair faced rejection abov
U.S. Dollar Strengthens Amid Rising Risk Aversion
The U.S. dollar climbed against its major counterparts in the Asian session on Wednesday, as investors became cautious ahead of Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Symposium on Thursday.
Powell is expected to provide more clarity on the U.S. central bank's view on inflat
AUD/USD Outlook (26 August 2020)
#AUD/USD#
Overall, AUD/USD is ranging across. Recently, AUD/USD moved up into the key level of 0.72. Currently, AUD/USD is testing to break above the key level of 0.72. Its next support zone is at 0.71000 and the next resistance zone is at 0.72500. Look for buying opportunities of
AUD/NZD Price Analysis: 1.1030 holds the key to refresh multi-month top
AUD/NZD remains on the front foot while extending recoveries from 10-day SMA.
Immediate resistance line probes the bulls targeting September 2018 high.
Overbought RSI doubts further run-up beyond the nearby upside barrier.
AUD/NZD picks up bids near 1.1015 amid the initial Asian session on Friday.
EUR/USD Weekly Outlook
EUR/USD stayed in consolidation below 1.1916 last week. Initial bias stays neutral this week and further rise is in favor as long as 1.1695 support holds. On the upside, break of 1.1916 will extend larger rally from 1.0635. However, firm break of 1.1695 should confirm short term topping. Intraday bi
Australian Dollar edges lower as USD recoups July’s losses
AUD - Australian Dollar
The Australian dollar edged lower through trade on Monday, continuing Friday’s correction to touch intraday lows at 0.7070. In the absence of any headline data the AUD succumbed to a broader USD rebound as the worlds base currency benefited from a correction in last months se
