| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm

FxWirePro- Major Pair levels and bias summary

FxWirePro: USD/JPY catches bid ahead of BoJ meeting

FxWirePro- Major European Indices

FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption

FxWirePro- Woodies Pivot(Major)

AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70

FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption

FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike

FxWirePro- Major Crypto levels and bias summary

FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains

FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally

GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80

GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212

Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact

FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision

©Econometrics LLC . All Rights Reserved.

FxWirePro: AUD/CAD extends range trade, hovers around 50-day MA

Wednesday, August 31, 2016 7:11 AM UTC

AUD/CAD hovers around 50-DMA currently at 0.9834. Momentum studies neutral for the day.
Pair struggles to close below 50-DMA which is strong support on the downside.
But long upper wicks on daily candles suggests selling pressure at highs.
Major support levels -0.9816 (trendline & 38.2% Fib), 0.9798 (Aug 29 low), 0.9767 (110-EMA).
Major resistance levels - 0.9892 (double top Aug 18 & 23), 0.99 (20-DMA), 0.9933 (23.6% Fib).

Recommendation: Short break below 0.9815, SL: 0.9860, TP: 0.9785/ 0.9767

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

FxWirePro- Major Crypto levels and bias summary

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision

New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

Trump Administration Proposes Sweeping Limits on Gender-Affirming Care for Children

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro: AUD/CAD extends range trade, hovers around 50-day MA

Editor's Picks

Welcome to EconoTimes