USDCAD reversed off its resistance at 1.32137 where it could potentially drop further to 1.31650.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDUSD approaching support at 0.64029 where it could potentially rise further to 0.64440.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY to climb from its upside confirmation at 74.550 where it could potentially bounce further to 76.200.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
XAU/USD (GOLD):
For traders who read Thursday’s briefing you may recall the following:
The green area on the H4 timeframe between 1477.3/1493.7 is considered a notable buy zone. Not only does it hold H4 channel support within, it merges with a daily support area coming in at 1495.7-1480.3, and the top edge of the weekly support area at 1487.9.
Entry can be...
GBPCAD expected to rise up to 1st resistance at 1.63224 where it could potentially react off and drop down to 1st support at 1.61143.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD reversed off its resistance at 0.84860 where it could potentially drop further to 0.83642.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
ETHUSD expected to rise up to 1st resistance at 183.69 where it could potentially react off and drop down to 1st support at 169.28.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDNOK expected to rise up to 1st resistance at 9.01000 where it could potentially react off and drop down to 1st support at 8.80785.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURJPY is approaching its resistance at 119.300 where it is could reverse down to its support at 117.750.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD bounced off 1.31469 where it could potentially rise further to 1.31960.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD bounced off 0.68529 where it could potentially rise further to 0.68920.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDUSD is expected to drop to 1st support at 10.68260 where it could potentially react off and up to 1st resistance at 10.74490.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDJPY reversed off its resistance at 73.960 where it could potentially drop further to 72.492.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USD/JPY:
US Treasury yields continued to explore higher ground Tuesday, with the 10-year note reaching highs of 1.74%. Also reinforcing the USD/JPY was rising US equity markets.
Recent bidding witnessed the USD/JPY’s H4 candles enter the parapets of a resistance area coming in at 107.88-107.46. The said zone boasts a reasonably strong standing, therefore a...
USDCAD is expected to drop to 1st support at 1.31390 where it could potentially react off and up to 1st resistance at 1.32255.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
