| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: EUR/NZD downside pressure builds, key support level in focus

FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level

NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists

Asia Roundup: Dollar under pressure as traders bet on further easing next year, Asian stocks edges higher, Gold tops $4,500 , Oil steady -December 24th,2025

America’s Roundup: Dollar recovers modestly in thin holiday trading ,Wall Street ends higher, Gold takes a breather after record rally, Oil settles marginally lower

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

FxWirePro: GBP/USD runs out of steam but maintains bullish outlook

FxWirePro: USD/CAD dips below lower range, bearish bias increases

FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed

FxWirePro- Woodies Pivot(Major)

FxWirePro: USD/CAD outlook weaker on renewed downside pressure

FxWirePro: EUR/CAD extends fall, vulnerable to more downside

FxWirePro: USD/ZAR outlook weaker on renewed downside pressure

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

FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes

AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106

CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target

©Econometrics LLC . All Rights Reserved.

FxWirePro:GBP/AUD maintains bullish bias with focus on 1.8100

Friday, March 5, 2021 5:29 PM UTC

• GBP/AUD retreated back towards 1.8000 on Friday as the cross pair failed to break resistance at 1.8082

• Despite today's GBP/AUD retreat from its highs, sterling bulls remain in control eyeing further gains versus the AUD.

• GBP/AUD has been consolidating of late, partly on UK’s successful vaccine rollout.

• Technical are bullish, daily RSI is postive at 58, daily momentum studies 5,9 and 11 DMAs are trending north.

• Immediate resistance is located at 1.8082 (Higher BB ), any close above will push the pair towards 1.8136(23.6%fib).

• Strong support is seen at 1.7932 (38.2%fib) and break below could take the pair towards 1.7893 (9DMA).

Recommendation: Good to buy around 1.8000, with stop loss of 1.7790 and target price of 1.8100.

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

Democratic Attorneys General Sue Trump Administration Over Proposed Limits on Gender-Affirming Care for Youth

U.S. Discusses Migrant Transfer Plan With Palau Despite Lawmaker Opposition

BP Nears $10 Billion Castrol Stake Sale to Stonepeak

DOJ Reaches Settlement With Blackstone’s LivCor Over Alleged Rent Price-Fixing

South Korean Court Clears Korea Zinc’s $7.4 Billion U.S. Smelter Project, Shares Surge

US and Japan Fast-Track $550 Billion Strategic Investment Initiative

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

U.S. Signs $2.3 Billion Global Health MOUs With Four African Nations

Zelenskiy Urges High-Level Talks With Trump as Ukraine, U.S. Near 20-Point Peace Framework

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:GBP/AUD maintains bullish bias with focus on 1.8100

Editor's Picks

Welcome to EconoTimes