USD/CAD Technical Analysis

The dollar has strengthened.

Technical Analysis
30. 4. 2018
USD/CAD Technical Analysis

The US dollar continues to strengthen and the Dollar index is at the maximum values of the current year. The tension between North and South Korea has finally eased and a historic event occurred - a peace treaty was officially agreed upon between the countries. This event may also indicate the acceleration of plans for the denuclearization of North Korea. This undoubtedly helped to strengthen the US dollar.

Considering our chart from the point of view of technical analysis, we observe that over the past week and a half the pair has demonstrated growth and has risen by more than 300 pips.

Now the pair is trying to cross our MA (21) from below and resume growth after the correction. The stochastic oscillator is out of the oversold zone, while the MACD is still in the positive zone. Therefore, we advise to take long positions and set your Take Profit near the levels of 1.2895 and 1.2940.

SuperForex
CAD/JPY: Fundamental Review & Forecast

Technical Analysis

CAD/JPY: Fundamental Review & Forecast

The rates have consolidated due to a lack of stimulus for growth. The deals to BUY seem the most effective with expectations of the trend resumption.

SuperForex
27. 4. 2018
AUD/USD Technical Analysis

Technical Analysis

AUD/USD Technical Analysis

We have a powerful downtrend.

SuperForex
26. 4. 2018
USD/JPY Technical Overview & Daily Chart

Technical Analysis

USD/JPY Technical Overview & Daily Chart

We expect the pair to remain bullish today.

SuperForex
26. 4. 2018