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EURGBP has reached to a key level around 0.886 raising the possibility of a pull-back. As long as the pair holds below 0.886, possible bearish bias is in the cards.

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• AAPL offers a poor risk-reward at current level • Possible downside risk toward 100 Apple’s stock price is currently trading below 200-day moving average which suggests sentiment is bearish. It shows a top pattern pointing to a possible downward trajectory. A resistance zone ranges from 138 and 153 while supports are seen around 125 and 107. At current level...

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Attractive long-term investment if XFN stock price trades below 40.9 XFN which tracks the S&P/TSX Capped Financials Index mostly represents the performance of five big banks. The average yearly return between 2002 and 2021 is about 8.1% which implies poor performance given the high volatility of ETF’s past returns. The fact that XFN long-term secular rising trend...

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NZDCAD Is likely to slide toward 0.818 by the end of Jun 2023 NZDCAD has been slightly biased downward since Jul 2016 when it peaked at 0.992. The recent gains from the low of 0.763 has not structurally changed the downward channel. There are signs of upside exhaustion which suggests that the rising trend is about to reverse course. Also, the area between 0.873...

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Intact financial stock price has been resilient and clearly maintained its upward momentum. IFC stock’s average yearly returns are almost 12.7% which makes sense given its low volatility. Shares of Intact financial is likely to continue upward trend toward a price range between 220 and 250 by the end of 2023. If price falls between 184.8 and 190.5 it would make an...

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Given historical data since 1987, Costco stock has performed quite well except during extreme events such as recessions and the market turmoil. Although stock kept its bullish momentum since 2009, it finally topped out at 612.27 in April 2022. The top pattern made during 2022 poses a threat to the long-term secular trend. The rising trend that stock has enjoyed...

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Despite all the uncertainty this year, NOC’s stock continues forward on its long-term uptrend. As long price holds above 470, there are many reasons to be bullish in 2023. Strong momentum and the bullish patterns reflect optimism in the market. In short-term price is likely to remain volatile in a range between 480 and 560, however long-term momentum points...

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The EURSEK pair is recovering toward key resistance zone between 10.95/10.98. It seems however, the pair has lost its strength to break above the resistance zone. From a technical point of view, the pair chart shows that it has failed twice to cross key level around 10.95.

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EURNZD is trending within a classical downward channel. If the pair climbs up to around 1.678, a pull-back is expcted.

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USDCAD is trying to bottom out in recent days after a series of downside moves. The area between 1.332 and 1.324 would be a major support for the pair. Key resistance is seen around 1.358

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GBPUSD is trending up toward two key levels at 1.218 (200-day MA) and 1.23 (Strong resistance). Short-term uptrend is about to face tough resistances. One scenario is to see the pair starts to move higher from short-term support around 1.205 toward 1.218/1.23. It is highly likely to expect a bearish move triggers if rate falls between 1.218/1.23 zone.

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EURUSD is struggling to establish above key level at 1.048. It met with 200MA around 1.039 and since then It has made a top pattern which suggests the pair is unlikely to establish itself above 1.048 at least in short-term. If price reaches a zone between 1.044/1.048, one of the probable scenario is a bearish move toward key level at 1.035 and 1.02.

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USDCAD is likely to holds below 1.333/1.335 for a short period of time. If price starts to rise above 1.335/1.338, it would be a bullish signal. Support is seen around 1.32

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GBPUSD is likely to remain bullish for the balance of the year. Support is seen around 1.1615/1.1645 zone. The pair is likely to be challenged by a key level around 1.19

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EURNZD is heading toward a resistance zone between 1.71 and 1.717. The pair is likely to start a pull-back if price reaches the zone. Support is seen between 1.688 and 1.678. Resistance zone = 1.71/1.717 Support zone = 1.678/1.688

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• EFX is in the process of bottoming after more than 50% decline EFX stock’s price has fallen almost 51% from Dec 2021 peak. Recently it has bounced back from a key zone between 147 and 162 which suggests that stock’s price is bottoming out. • Q4 2022 Oversold zone is a range between 146 and 157 • Q4 2022 Overbought zone is seen between 199 and 203 Price is...

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NZDUSD has bottomed out around 0.551 on Oct 13. Since then it has recovered toward a key level around 0.58. Support zone = 0.56/0.566 Target zone = 0.575/0.58

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EURAUD overall bullish trend suggests a possible rebound around 1.542/1.548 zone if price start to slid down. The bullish scenario is in the cards as long price holds above 1.542. The risk is however a fall in price toward key level of 1.5305. Targets are seen 1.56 and 1.59