USD/CAD Technical Analysis

The pair overcame the level of support.

Technical Analysis
Jul 26, 2018
USD/CAD Technical Analysis

As of now, the dollar rally has been broken and the winning streak paused after reaching a one-year high. Data released yesterday in the US on the housing market was worse than expected and helped the pair overcome the level of 1.3115 and entrenched under it.

The dollar index shows that a further weakening of the reserve currency is possible, since the index approached the 94.00 mark and in case of overcoming this mark, the sale may begin and our pair will rush after the index.

Technical indicators point to a sell signal and we expect that the next mark to which the price will go will be the level of 1.2960, which is offered to set take profits. Therefore, we recommend looking for points to enter short positions on earlier charts.

SuperForex
USD/JPY Technical Overview & Daily Chart

Technical Analysis

USD/JPY Technical Overview & Daily Chart

Today we can go short on the pair to collect profits.

SuperForex
Jul 26, 2018
NZD/JPY: Fundamental Review and Forecast

Technical Analysis

NZD/JPY: Fundamental Review and Forecast

The JPY is still strong against the weak NZD. The sure downward trend continues, so the deals to SELL seem the most effective.

SuperForex
Jul 25, 2018
EUR/USD Technical Analysis

Technical Analysis

EUR/USD Technical Analysis

The pair will go down.

SuperForex
Jul 24, 2018