Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/CAD returned to resistance
USD/CAD returned to resistance

USD/CAD shot up this week but met the resistance of the daily MAs in the 1.3200 area. Here’s also the 50% retracement of the October advance.

CAD/CHF has slumped
CAD/CHF has slumped

Have a look at the chart of CAD/CHF: the pair is testing daily moving averages.

Technical levels for AUD/JPY
Technical levels for AUD/JPY

AUD/JPY is trying to return to positive dynamics. The level of 74.50 which earlier acted as resistance is now functioning as support.

GBP/AUD is leaning down
GBP/AUD is leaning down

On October 16, GBP/AUD met resistance in the 1.9090 area (resistance line from March highs).

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