AUD/CAD Trend

Australian Dollar Vs Canadian Dollar

The major trend of AUD/CAD is sideways, but from last few days prices are trading in consolidation only. In its hourly chart prices are near the support and If the pair breaks the support of 0.9652 then we can expect it to test the level of     0.9620 in today's session. 

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STRATEGY:-For Today AUD/CAD is looking weak on chart. We can expect negative movement for few upcoming session. One can go for sell on rise strategy for this pair for intra day positions.

                                               Technical Report

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.1377	1.1383	1.1390	1.1396	1.1403	1.1409	1.1416
GBP/USD	1.5356	1.5375	1.5389	1.5408	1.5422	1.5441	1.5455
USD/JPY	118.15	118.30	118.47	118.62	118.78	118.94	119.10
USD/CHF	0.9298	0.9306	0.9312	0.9320	0.9326	0.9334	0.9340
AUD/USD	0.7736	0.7747	0.7756	0.7767	0.7776	0.7787	0.7796
EUR/GBP	0.7376	0.7382	0.7391	0.7397	0.7406	0.7412	0.7421
USD/CAD	1.2429	1.2436	1.2445	1.2452	1.2461	1.2468	1.2477
NZD/USD	0.7454	0.7462	0.7470	0.7478	0.7486	0.7494	0.7502

BOE Report | GBP/USD

The British Pound against the US Dollar is one of the oldest currency pairings in the world. 

                                                                                                                   

The secondry trend of GBP/USD is bearish, the pair is sustaining on the rising trendline & consolidating with a negative bias. 30 DMA is also providing resistance to the prices. If the pair sustains below 1.5200 levels, it can come down to the levels of 1.5165/1.5140. MACD is successfully sustaining below the zero line indicating the bearish sentiment in the market.
          

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STRATEGY:- For Today GBP/USD is looking weak on chart. We can expect downside movement for few upcoming session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.

                                                       Technical Report 

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.1220	1.1249	1.1291	1.1320	1.1362	1.1391	1.1433
GBP/USD	1.5118	1.5167	1.5203	1.5252	1.5288	1.5337	1.5373
USD/JPY	118.42	118.84	119.66	120.08	120.90	121.32	122.14
USD/CHF	0.9162	0.9193	0.9239	0.9270	0.9316	0.9347	0.9393
AUD/USD	0.7571	0.7631	0.7675	0.7735	0.7779	0.7839	0.7883
EUR/GBP	0.7331	0.7357	0.7398	0.7424	0.7465	0.7491	0.7532
USD/CAD	1.2436	1.2502	1.2568	1.2634	1.2700	1.2766	1.2832
NZD/USD	0.7219	0.7282	0.7323	0.7386	0.7427	0.7490	0.7531

EUR/JPY hit 3 week high

The major trend of EUR/JPY is bearish, but from last few days prices are not sustaining at lower levels. The pair is taking resistance from the psychological level of 135.50 consolidating & gaining strength to break it upside. Today if the pair breaks 135.50 & managed to sustain above it, then we can expect it to test the level of 136.20/ 136.90 in a day or two.

Prices are also taking support of 30 SMA & can come up to test 200 SMA. RSI is also sustaining in buying territory supporting the ongoing trend. MACD line has recently break the zero line,indicating the up trend in the market.

STRATEGY :- EUR/JPY is looking further bullish on charts. One can go for buy on dips strategy for this pair for intra day to mid term positions.

                                   Technical Report

                                        

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.1206	1.1239	1.1280	1.1313	1.1354	1.1387	1.1428
GBP/USD	1.5125	1.5160	1.5207	1.5242	1.5289	1.5324	1.5371
USD/JPY	117.39	117.88	118.65	119.14	119.91	120.40	121.17
USD/CHF	0.9154	0.9182	0.9223	0.9251	0.9292	0.9320	0.9361
AUD/USD	0.7631	0.7688	0.7729	0.7786	0.7827	0.7884	0.7925
EUR/GBP	0.7360	0.7383	0.7402	0.7425	0.7444	0.7467	0.7486
USD/CAD	1.2302	1.2374	1.2480	1.2552	1.2658	1.2730	1.2836
NZD/USD	0.7317	0.7349	0.7376	0.7408	0.7435	0.7467	0.7494

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