USD/CAD

USDCADH1

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

GBPUSDH1

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

EURUSDH1

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

NZDUSDH1

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

AUDUSDH1

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

 

 

 

 

Comments

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