EUR/CAD is ready for a move
EUR/CAD has formed a couple of higher lows since October. The pair has managed to overcome the 50- and the 100-day MAs at 1.4588 and 1.4640 respectively.
The decline in USD/ZAR is on
Information is not investment advice
USD/ZAR has recently breached down the support line from February lows. It also declined below the 50-, 100- and 200-day MA. The latter is currently providing resistance at 14.2256. The newly established downtrend is well visible on H4. USD/ZAR broke below the triangle - it’s a sign that the negative dynamics will continue. The near-term target lies at 14.1285 (May low). The next target is at 13.98 (61.8% Fibo).
Elizabeth Belugina
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EUR/CAD is ready for a move
EUR/CAD has formed a couple of higher lows since October. The pair has managed to overcome the 50- and the 100-day MAs at 1.4588 and 1.4640 respectively.
USDJPY is in a correction after checking the local support level.
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USD/CAD faces some difficulties
USD/CAD formed a “gravestone doji” candlestick on the W1 ahead of the 50-week MA (1.3280). Learn more!
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