USD/CAD
Intra-day bias is bearish after a successful break of 1.3048 support( August 7 low) and more fall is expected to 1.2965 in the short term picture. However am expecting some minor retracement before selling commences as the market seems to be oversold.
Cross of Moving Average 21 and 55 EMA = bearish
MACD = bearish
SSRC = bearish
GBP/USD
Intra-day bias remains bullish after a successful break of 1.5542 resistance and more rise to 1.5650 is expected in the short term picture. However am expecting some minor retracement before buying commences as the pair seems to be overbought.
Cross of Moving Average 21 and 55 EMA = bullish
MACD = bullish
SSRC = bullish
EUR/USD
Intra-day bias remains bullish after a successful break of 1.0995 resistance and more rise to 1.1083 is expected in the short term picture. However am expecting some minor retracement before buying commences as the pair seems to be overbought.
Cross of Moving Average 21 and 55 EMA = bullish
MACD = bullish
SSRC = bullish
NZD/USD
Intra-day bias remains slightly bullish but a successful break of 0.6636 resistance would confirm such bullish case and more rise to 0.6680 is expected in the short picture.
Cross of Moving Average 21 and 55 EMA = bullish
MACD = bullish
SSRC = bullish
AUD/USD
Intra-day bias remains slightly bullish but a successful break of 0.7428 resistance would confirm such bullish case and more rise to 0.7478 is expected in the short term picture.
Cross of Moving Average 21 and 55 EMA = bullish
MACD = bullish
SSRC = bullish
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