The target is 1.8920. Turning point: 1.8760. Above 1.8760, bullish , target price is 1.8840,then 1.8920. Under 1.8760 bearish , target price is set at 1.8700. RSI technical indicators are bullish and have a further upward trend.
Sterling is under the down trend pressure and it's likely to form the right shoulder, which means the it'll test support at 1.2850. The target is 1.2850. Turning point: 1.2910. Under 1.2910, bearish , target price is 1.2875, then 1.2850. Above 1.2910, bullish , target price is 1.2940,then 1.2960. Even if we can't rule out the possibility of continuous...
Euro rose up coz of weak US dollar, not it's good economy. Draghi will maintain the dovish attitude to the monetary policy and won't change it until summer in 2020. The target is 1.1350. Turning point: 1.1300. Under 1.1300, bearish , target price is set at 1.1285, then 1.1260. Above 1.1300, bullish , target price is 1.1335,then 1.1350. RSI technical...
The target is 1.2990. Turning point: 1.2870. Above 1.2870, bullish , target price is 1.2940,then 1.2990. Under 1.2870, bearish , target price is 1.2840, then 1.2810. Even if we can't rule out the possibility of continuous adjustment, its length of time should be limited. Prior Strategy:
Currently, Canadian dollar is supported by the climbing oil price. However, we must pay attention to the scandal of Trudeau's cabinet. Whether Trudeau really accepted the bribery of LAVALIN will affect the Canadian election coming few months. If the Liberal Party fails, the Canadian dollar will be greatly affected. The target is 0.9415. Turning point: 0.9470....
The target is 1.1340. Turning point: 1.1280. Above 1.1280, bullish , target price is 1.1310,then 1.1340. Under 1.1280, bearish , target price is set at 1.1260, then 1.1245. The formation of a support bottom near 1.1280 will bring stability in the short term. Prior Strategy:
AUDCAD has broken out the down-trend line. BB Bands is re-widening and the trade is active. But RSI is going to touch over-buy zone, which means the temperate correction is coming soon. The target is 0.9485. Turning point: 0.9400. Above 0.9400, bullish , target price is 0.9450,then 0.9480. Under 0.9400, bearish , target price is set at 0.9385, then...
The pond polled back higher yesterday and supported by its previous down-trend line. It's temperately rebounding and wait for the BB Band tightening to climb up. The target is 1.2970. Turning point: 1.2845. Above 1.2845, bullish , target price is 1.2915,then 1.2970. Under 1.2845, bearish , target price is 1.2830, then 1.2800. RSI technical indicators are...
Sterling rose yesterday because of weak US dollar. May will declare the announcement about Brexit tonight, pay attention to her speech. Actually, the market is gradually accepting the risk of hard Brexit so that sterling is flexible. The target is 1.2970. Turning point: 1.2860. Above 1.2860, bullish , target price is 1.2940,then 1.2970. Under 1.2860, bearish,...
USDCAD broke out the up-trend line.Although the unemployment rate rebounded in Jan, the quantity of employment is too outstanding to make market surprised. USDCAD is still under the pressure of down trend. The target is 1.3165. Turning point: 1.3265. Under 1.3265, bearish , target price is set at 1.3200, then 1.3165. Above 1.3265, bullish , target price is...
The oil price is continuously climbing, which supports Canadian dollars. Although the unemployment rate rebounded in Jan, the quantity of employment is too outstanding to make market surprised. USDCAD is still under the pressure of down trend. The target is 1.3150. Turning point: 1.3245. Under 1.3245, bearish , target price is set at 1.3190, then 1.3150....
It shows top divergence,which means the rising motivation is weakening. The target is 1.3200. Turning point: 1.3300. Under 1.3300, bearish , target price is set at 1.3250, then 1.3200. Above 1.3300, bullish , target price is 1.3330,then 1.3370.
Although ECB Nowotny said they'll discuss to adjust the monetary policy this summer, euro is still under the down-trend pressure. The target is 1.1215. Turning point: 1.1305. Under 1.1305, bearish , target price is set at 1.1240, then 1.1215. Above 1.1305, bullish , target price is 1.1325,then 1.1350. RSI technical indicators are bearish and have a further...
Unfortunately, the temperate correction wasn't happened. Euro is still under the pressure of down-trend line and will go down continuously. The target is 1.1270. Turning point: 1.1330. Under 1.1330, bearish , target price is set at 1.1290, then 1.1270. Above 1.1330, bullish , target price is 1.1350,then 1.1380. RSI technical indicators are bearish and have...
Swiss Franc was heavily sold on this morning coz of lacking liquidity. Euro is still under the strong down trend. The target is 1.1290. Turning point: 1.1340. Under 1.1340, bearish , target price is set at 1.1310, then 1.1290. Above 1.1340, bullish , target price is 1.1370. RSI indicators are below 50 again and show the further dropping space. Pay attention...
It will be in the over sell zone. The target is 73.85. Turning point: 74.50. Under 74.50, bearish , target price is set at 74.15, then 73.85. Above 74.50, bullish , target price is 74.75,then 74.95.
GBPJPY has failed to break out the residence at 142.50 four times since it's under that point. On RSI indicators, Sterling is touching the top. However, the space of dropping is limited. The target is 141.30. Turning point: 142.50. Under 142.50, bearish , target price is set at 141.85, then 141.30. Above 142.50, bullish , target price is 142.90,then 143.20.
Although Carney's tone is dovish as expectation of market, Sterling is flexible to temperately correct. It broke out the down-trend line after Carney's speech and the triangle is formed on RSI indicators. The target is 1.3010. Turning point: 1.2910. Above 1.2910, bullish , target price is 1.2970,then 1.3010. Under 1.2910, bearish , target price is set at...