USDCAD Facing Bearish Pressure

USDCAD Broke below ascending trendline support (now resistance). A further drop below our entry at 1.25190 where we also have graphical overlap resistance towards -27.2% Fibonacci retracement level could be possible. Price is holding below moving average as well. Any opinions, news, research, analyses, prices, other information, or links to...

EURUSD testing pivot, potential for drop

Price is below our pivot level at 1.17535 which is in-line with 23.6% Fibonacci retracement level and 20EMA. Price could potentially drop towards support at 1.17141, which is in-line with 61.8% Fibonacci retracement level and 61.8% Fibonacci extension level and swing low support. If price bounces, it could potentially swing...

AUSDUD is below pivot, potential for drop

Price is below our pivot level at 0.73836 which is in-line with 61.8% Fibonacci retracement level and descending trendline resistance. Price could potentially drop towards support at 0.73208, which is in-line with 78.6% Fibonacci retracement level and 61.8% Fibonacci extension level and horizontal overlap resistance. If price bounces, it could...

Telstra Jumps On Declared Special Div

Above we see the TLS weekly time frame. Technically, the moving averages are in a bullish stack with the shorter-term green > intermediate orange> longer-term red. Moreover, there is good angle and separation which indicates a strong momentum for the telecom. On a classical charting basis, TLS may have charted...

EURJPY Facing bullish pressure | 11 Aug 2021

EURJPY broke above descending trendline resistance (now support). A further push up above graphical overlap support and 23.6% Fibonacci retracement at 129.629 towards graphical swing high resistance and our take profit at 129.964 could be possible. Technical indicators are showing room for further bullish momentum as well. Any opinions, news,...