Showing posts with label USD/CAD Signal. Show all posts
Showing posts with label USD/CAD Signal. Show all posts

Sunday, 12 January 2014

Forex: USD/CAD, EUR/GBP Technical Analysis For Today 13th Jan


Here is Daily technical Report for USD/CAD today-

  • Prices moved higher as expected, completing a Triangle chart formation
  • Closing above 1.0930 (61.8% Fib exp.) exposes 1.1011 (76.4% Fib exp.)
  • Reversing back below 1.0865 (50% Fib exp.) eyes 1.0799 (38.2% Fib exp.)
FOREX Chart
USD/CAD Chart
EUR/GBP Technical Analysis Report For Today-
  • Prices rose as expected, completing a Falling Wedge and a Morning Star candle pattern
  • Near-term resistance is now at 0.8319 (38.2% Fib); above that targets 0.8347 (50% Fib)
  • Back below 0.8285 (23.6% Fib) targets 0.8270 (Wedge top resistance-turned-support)