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USDCAD keeps its negative stability – Analysis - 30-03-2018
The USDCAD pair settled below 1.2923 level, and the price shows some calm bearish bias, to keep the bearish trend scenario valid for the upcoming period, supported by the EMA50 and stochastic.
Our first target is located at 1.2717, while holding below 1.2923 represents key condition to continue the expected decline.
Expected trading range for today is between 1.2800 support and 1.2940 resistance.
Expected trend for today: Bearish
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USDJPY gathers the positive momentum – Analysis - 30-03-2018
The USDJPY pair shows slight bearish bias now to approach 106.00 barrier, noticing that stochastic managed to gain the positive momentum on the four hours’ time frame, to support the chances of bouncing bullishly and resume the expected bullish trend on the intraday basis.
MoreGBPUSD tests the support – Analysis - 30-03-2018
The GBPUSD pair kept declining to test the short term bullish trend line and attempts to rebound bullishly from there, supported by stochastic reach to the oversold areas, to continue suggesting the bullish trend in the upcoming sessions, waiting to target 1.4344 level mainly.
MoreEURUSD is stable – Analysis - 30-03-2018
The EURUSD pair hovers around 1.2304 level and moves above it now, to keep the bullish trend valid until now, supported by stochastic positivity that appears clearly on the four hours’ time frame, waiting to surpass 1.2350 level to ease the mission of heading towards 1.2536 as a next station.
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