The Australian dollar versus the Canadian dollar currency pair might be poised for the downside after appreciation attempts failed. But will the bulls try once more?
Technical analysis of the news events that affect the course of the exchange rates helps traders by complementing the normal fundamental view of the situation. The posts below will be useful to get the understanding of the important exchange rate levels for currency pairs, which can then be used for calculating entry and exit points for trading based off the actual Forex news.
Technical Analysis News Archive
AUD/CAD Failing to Conquer 0.9093
November 15, 2019 at 8:43 Australian Dollar, Canadian Dollar, Technical Analysis
AUD/JPY Just Might Have Been Taken by Bears
November 14, 2019 at 9:20 Australian Dollar, Japanese Yen, Technical Analysis
The Australian dollar versus the Japanese yen currency pair is depreciating, thus attracting more buyers. However, they could be at a disadvantage.
GBP/AUD Consolidating for the Next Target: 1.0950
November 13, 2019 at 8:38 Australian Dollar, Great Britain Pound, Technical Analysis
The Great Britain pound versus the Australian dollar currency pair consolidates after exiting a pattern that points to the continuation of the upward movement.
Bulls to Be Tested on AUD/NZD at 1.0837
November 12, 2019 at 9:06 Australian Dollar, New Zealand Dollar, Technical Analysis
The Australian dollar versus the New Zealand dollar is set for appreciation, but is it a sustainable one?
Bears Trying to Start an Impulsive Swing from 0.6929
November 11, 2019 at 5:57 Australian Dollar, Technical Analysis, US Dollar
The Australian dollar versus the US dollar currency pair looks like it is failing in its appreciation efforts. Or isn’t it?
USD/JPY Conquered 108.85. More Targets on the Way
November 8, 2019 at 8:42 Japanese Yen, Technical Analysis, US Dollar
The US dollar versus the Japanese yen currency pair made a new high at 109.48 after piercing an important level. What is of major importance is whether or not the bulls can sustain the gains.
Is NZD/CAD Preparing for 0.8514?
November 7, 2019 at 8:19 Canadian Dollar, New Zealand Dollar, Technical Analysis
The New Zealand dollar versus the Canadian dollar currency pair is trying to rotate towards 0.8514.
AUD/JPY Very Close to the 76.00 Target
November 6, 2019 at 8:15 Australian Dollar, Japanese Yen, Technical Analysis
The Australian dollar versus the Japanese yen currency pair extended the gains and reached the 75.40 rate. The question is now whether the appreciation will continue or not.
Interesting Behavior on AUD/NZD from 1.0700
November 5, 2019 at 8:15 Australian Dollar, New Zealand Dollar, Technical Analysis
The Australian dollar versus the New Zealand dollar currency pair is in a consolidation phase that seems to be under bullish pressure.
AUD/CAD Marching Towards 0.9300
November 4, 2019 at 5:59 Australian Dollar, Canadian Dollar, Technical Analysis
The Australian dollar versus the Japanese yen currency pair behaved as expected, as it appreciated from 0.8918 to 0.9039.