AUD/CAD Technical Analysis

We expect the continuation of the current downtrend.

Technical Analysis
Mar 20, 2018
AUD/CAD Technical Analysis

The data published in China has the strongest impact on the Australian currency right now. Our pair continues to decline for the fourth day in a row.

Statements by the Prime Minister of Canada that Donald Trump looks positively on the NAFTA agreement strengthened the rate of the Canadian currency. Furthermore, the increase in oil prices also has strengthened this movement.

Considering our chart, we observe a decrease in the pair from the previously reached highs of the level from May 2017. Therefore, we will look for points to enter short positions and expect the pair to reach the level of 1.0040. However, we expect that after the test of this level the price will go up and resume the downward movement from the level of 1.0120.

This is why we will consider the two nearest scenarios, and in the medium ter, we expect a further decline in our pair.

SuperForex
EUR/USD Technical Analysis

Technical Analysis

EUR/USD Technical Analysis

We are looking for points to enter long positions.

SuperForex
Mar 19, 2018
NZD/JPY: Short Review & Forecast

Technical Analysis

NZD/JPY: Short Review & Forecast

The negative news background for the NZD will continue next week. The most optimal would be the deals to SELL.

SuperForex
Mar 16, 2018
Where Is Oil Headed in 2018?

Technical Analysis

Where Is Oil Headed in 2018?

Will oil prices continue to increase this year or would their growth be stalled by the increasing production in the US?

SuperForex
Mar 16, 2018