USD/CAD Technical Analysis

The pair is trading in a corridor.

Technical Analysis
24 may 2018
USD/CAD Technical Analysis

Our pair has found its niche on the chart and is now trading between two relatively strong levels. On the chart we have an established channel between the levels of 1.2750 and 1.2895. Furthermore, we can draw a more extended version within 1.2725 and 1.2925.

At the moment, we believe that the pair will continue to be in this corridor. Now our technical indicators point to a sale, but the pair is approaching the level in the middle of the corridor. The last candles indicate a purchase. It is quite possible to see that the pair rushes to the upper boundary of the channel, and then rushes down. Therefore, we advise you to wait for the price to reach the upper limits and take short positions there.

SuperForex
USD/JPY Technical Overview & Daily Chart

Technical Analysis

USD/JPY Technical Overview & Daily Chart

The yen is currently resisting the dollar, pulling the price down.

SuperForex
24 may 2018
AUD/USD Technical Analysis

Technical Analysis

AUD/USD Technical Analysis

The pair will go up.

SuperForex
22 may 2018
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

We expect the pair to remain bearish.

SuperForex
22 may 2018