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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

Failed Confirmation of 0.9104 on AUD/CAD

The Australian dollar versus the Canadian dollar currency pair delays its appreciation after confirming a very important weekly level.

USD/JPY Prepared to Continue the Way to 105.50

The US dollar versus the Japanese yen currency pair looks well contained into the descending trend, a context for which the bears could only be joyful for.

AUD/USD Hits a Turning Point at 0.6858

The Australian dollar versus the US dollar currency pair looked as if it was determined to pierce the 0.6858 major support, but it changed course instead. The question is now whether or not this confirmation was decisive for the medium-term evolution.

CAD/JPY Tries to Conquer 81.38

The Canadian dollar versus the Japanese yen currency pair gives the signs of a change in direction from a very important area.

Weekly Support at 0.8692 Breached on NZD/CAD

The New Zealand dollar versus the Canadian dollar currency pair pierced a major support in the context of a well established bearish profile.

AUD/USD After Reaching 0.6858

The Australian dollar versus the US dollar hits the first target, at 0.6858. The upcoming move could be very interesting.

The Descending Trend on USD/JPY Awaits Confirmation

The price is above an important support area, but it does not seem to be willing any appreciation. The descending channel might give the explanation.

Next Move for AUD/JPY After Revisiting 74.96

By confirming 76.00 as resistance and revisiting 74.96 the price opens the door to very interesting possibilities.

NZD/CAD to Test the Important 0.8692 Weekly Level

The pair could have a place to recover from, but the current context might just favor the continuation of the descent.

AUD/JPY Might Revisit 74.96

As the bulls tried to conquer the 76.02 level, the bears managed to turn the appreciation in their favor, causing a descent that can be considered a confirmation of the level as a resistance.

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