Tuesday, November 12, 2019
Home > Technical Analysis Charts

Technical Analysis – USD/CAD returns above the trendline

USD/CAD returns above the trendline, but rebound capped by 100-day MA. USD/CAD has been restricted by the 100-day simple moving average (SMA) in recent sessions, after buyers aggressively reversed the pair back above the uptrend line, reestablishing a neutral-to-bullish picture. Despite the bearish demeanor of the 20- and 50-day SMAs, the 200-

Read More

Technical Analysis – USD/JPY 200-day SMA just about holds bulls at bay

USD/JPY’s further gains seem to be restricted by the 200-day simple moving average (SMA) and the upper Bollinger band around the 109.00 resistance level. Yet, the upward sloping mid-Bollinger band and 40-day SMA back an improving picture. Despite this, the 200- and 100-day SMAs have moved horizontal, implying that a sideways move

Read More