Near-term Trade Setups in USD/CAD and EUR/USD
An update on near-term trade setups we've been tracking in Loonie (USD/CAD) and Euro (EUR/USD). These are the targets and invalidation levels that matter this week.
New Zealand Dollar Price Outlook: Kiwi Fails Flight into Resistance
Kiwi rallied 3% off the yearly lows before responding to confluence resistance today near the May highs. Here are the levels that matter on the NZD/USD charts.
Aussie Price Outlook: Australian Dollar Breakout Vulnerable into RBA
The Aussie breakout is testing initial resistances targets with the RBA on tap tonight – a cut is expected. Here are the levels that matter on the AUD/USD charts.
Canadian Dollar Price Outlook: USD/CAD at Weekly High as Loonie Dives
Loonie is virtually unchanged this week with price holding the weekly opening-range heading into NFPs tomorrow. Here are the levels that matter on the USD/CAD charts.
Aussie Price Outlook: Australian Dollar Breakout Faces First Test
Aussie is top performer against the US Dollar this week with the price breakout now at testing resistance targets. Here are the levels that matter on the AUD/USD charts.
Euro Price Outlook: EUR/USD Battle Lines Drawn into March Close
Euro is off more than 1.1% from the pre-FOMC high with price now targeting uptrend support. Here are the targets & invalidation levels that matter on the EUR/USD charts.
