Daily forex signals - page 2
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USD/JPY signal level
$USDJPY
BUY USD/JPY
WITH Stop-Loss OF 119.75 Target 120.65
Usd/chf
BUY USDCHF
WITH Stop-Loss 0.9668 Target 0.9728
USDCAD signal
$USDCAD
Resistance 1.3264
If it breaks resistance then
BUY USDCAD SL 1.3234 TP 1.3294
EURAUD signal
$EURAUD
Resistance level 1.5750
BUY EUR/AUD WITH SL OF 1.5700 TP 1.5810
NZDUSD level
$NZDUSD
Support level 0.6307
SELL NZD/USD WITH Stop-Loss OF 0.6337 Target 0.6261
USDCAD advice
The primary trend of USDCAD is bullish on charts. In its 4 hourly chart, the pair is consolidating with strong positive bias and is likely to give break out at upside. Its 30 and 200 DMA are also supporting the upcoming bullish trend in the pair. It is facing an important resistance at the level of 1.3312. If it breaks its resistance level of 1.3312 at upside then we can expect it to show further upside movement.
INDICATORS:-
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.
MACD is also sustaining in buying territory indicating the upcoming bullish trend in the pair.
STRATEGY: USDCAD is looking bullish on charts for next few trading session. One can go for buy on dips strategy for this pair for intra day to mid term positions.
AudJPY advice
The primary trend of AUDJPY is bearish on charts. In its hourly chart, the pair is sustaining below its falling trend line. It is consolidating with strong positive bias and is likely to show upside movement. Its 30 DMA is also supporting the upcoming bullish trend in the pair. It is facing an important resistance at the level of 84.55. If it breaks its resistance level and sustains above its falling trend line then we can expect it to show upside movement.
INDICATORS:-
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.
MACD is also sustaining in buying territory indicating the upcoming bullish trend in the pair.
STRATEGY: AUDJPY is looking bullish on charts for next few trading session. One can go for buy on dips strategy for this pair for intra day to mid term positions
USD/CAD trend
The primary trend of USDCAD is bullish on charts. In its hourly chart, the pair is not sustaining at lower levels and bouncing back to continue its up-trend. Prices are consolidating with strong positive bias and its 200 DMA is also supporting the further up-trend. If it breaks its resistance level of 1.3355 & sustains above it then it is expected to show further bullish movement in next few days.
INDICATORS:-
RSI is sustaining in buying territory, supporting the upside movement in the market.
STRATEGY:- USDCAD is looking bullish on charts for next few trading session. One can go for buy on dips strategy for this pair for intra day to mid term positions.
Gbp/nzd
The primary trend of GBPNZD is bullish on charts. In its 4 hourly chart, the pair is not sustaining at higher levels and consolidating with strong negative bias to give break out at downside. Its 30 DMA is also supporting the upcoming bearish trend in the pair. It is having an important support at the level of 2.3680. If it breaks its support level and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-MACD is sustaining in selling territory indicating the upcoming bearish trend in the pair.
STRATEGY: GBPNZD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.
EUR/USD trend
The secondary trend of EURUSD is sideways on charts. In its 4 hourly chart, the pair is sustaining below its falling trend line. It is consolidating with strong positive bias and is likely to give break out at upside. Its 30 and 200 DMA are also supporting the upcoming bullish trend in the pair. It is facing an important resistance at the level of 1.1300. If it breaks its resistance level of at upside and sustains above it then we can expect it to show further upside movement.
INDICATORS:-
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.
MACD is also sustaining in buying territory indicating the upcoming bullish trend in the pair.
STRATEGY: EURUSD is looking bullish on charts for next few trading session. One can go for buy on dips strategy for this pair for intra day to mid term positions.