XtreamForex Daily Technical Analysis

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Technical Overview of AUD/USD and USD/CAD Currency Pair

AUD USD

AUD traded lower against USD and closed at 0.6749.

The bid tone around the US dollar strengthened across the board, now pushing AUD/USD back into the red to hit four-week lows near 0.6740. The focus now shifts to the RBA rate decision while poor Australian housing data and US-China trade uncertainty continue to weigh.

According to the Analysis, pair is expected to find support at 0.6743 and a fall through could take it to the next support level of 0.6736. The pair is expected to find its first resistance at 0.6765 and a rise through could take it to the next resistance level of 0.6772.

USD CAD

USD traded higher against CAD and closed at 1.3239.

With its failure to cross 1.3263/65 resistance-confluence, USD/CAD drops back towards near-term horizontal support as it trades near 1.3240 during the Asian session on Tuesday. Three-week-old horizontal-line restricts immediate downside.

According to the Analysis, pair is expected to find support at 1.3228 and a fall through could take it to the next support level of 1.3220. The pair is expected to find its first resistance at 1.3256, and a rise through could take it to the next resistance level of 1.3264.

Important Economic Events of the Day

· JPY: Bank of Japan (BoJ) Tankan Large Manufacturing Index

· JPY: Bank of Japan (BoJ) Tankan Large Non-Manufacturing Index

· AUD: Reserve Bank of Australia (RBA) Interest Rate Decision

· AUD: Reserve Bank of Australia (RBA) Governor Lowe Speech

· CAD: Canada Gross Domestic Product (GDP) m/m

· USD: ISM United States Manufacturing Purchasing Managers Index (PMI)

For More information about the release time of news and its impact visit [URL deleted] Economic Calendar Page!

 

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Technical Overview of EUR/USD and AUD/USD Currency Pair

EUR USD

EUR traded lower against USD and closed at 1.0964.

EUR/USD again aims for 1.0987 resistance - confluence while taking the bids to 1.0980 amid the initial trading session on Friday. 23.6% Fibonacci retracement, immediate support-line questions pair’s declines.

According to the Analysis, pair is expected to find support at 1.0949 and a fall through could take it to the next support level of 1.0935. The pair is expected to find its first resistance at 1.0993 and a rise through could take it to the next resistance level of 1.1007.

AUD USD

AUD traded higher against USD and closed at 0.6741.

AUD/USD is keeping gains despite the weaker-than-expected Aussie retail sales data. The pair may extend gains on dovish Federal Reserve expectations. RBA's Financial Stability Report cites housing market as key risk to the economy.

According to the Analysis, pair is expected to find support at 0.6713 and a fall through could take it to the next support level of 0.6701. The pair is expected to find its first resistance at 0.6753, and a rise through could take it to the next resistance level of 0.6765.

Important Economic Events of the Day

· AUD: Australia Retail Sales m/m

· USD: United States Nonfarm Payrolls

· CAD: Ivey Canada Purchasing Managers Index (PMI)

· USD: Federal Reserve System (Fed) Chair Powell Speech

For More information about the release time of news and its impact visit [URL deleted] Economic Calendar Page!

 

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Technical Overview of GBP/USD and EUR/USD Currency Pair

GBP USD

GBP traded lower against USD and closed at 1.2217.

GBP/USD remains within its 1.1950-1.2600 September range, but the downside looks vulnerable unless there is a surprise Brexit breakthrough, or a rout in the USD.

Since becoming PM, Johnson has been accused of talking to his Brexiteer electorate, rather than negotiating with the EU. His repetition of key phrases such as the 'surrender bill', used to describe the law making a hard Brexit illegal on Oct 31, is a case in point - this strategy was successful in the 2016 Brexit referendum.

Johnson insists the UK will exit the EU without a deal on Oct 31, but he committed in court to respect the law.

The GBP/USD pair now seems to have entered a bearish consolidation phase and was seen oscillating in a narrow band just above one-month lows set in the previous session. The incoming Brexit headlines might continue to influence ahead of FOMC meeting minutes.

According to the Analysis, pair is expected to find support at 1.2199 and a fall through could take it to the next support level of 1.2174. The pair is expected to find its first resistance at 1.2281 and a rise through could take it to the next resistance level of 1.2306.

EUR USD

EUR traded higher against USD and closed at 1.0954.

EUR/USD is reporting moderate gains, having defended key MA support. Fed's Powell said the central bank's balance sheet will expand again. American Dollar may find bids if the Fed minutes highlight growing split among policymakers.

According to the Analysis, pair is expected to find support at 1.0945 and a fall through could take it to the next support level of 1.0932. The pair is expected to find its first resistance at 1.0987, and a rise through could take it to the next resistance level of 1.1000.

Important Economic Events of the Day

· USD: Fed’s Chair Powell Speech

· USD: FOMC Minutes

For More information about the release time of news and its impact visit [URL deleted] Economic Calendar Page!

 

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Technical Overview of AUD/USD and GBP/USD Currency Pair

AUD USD

AUD traded lower against USD and closed at 0.6752.

· AUD/USD -0.25% as China reacts to US House taking hard line over Hong Kong

· China says US House should stop interfering in HKG

· Undermined by weak AXJ currencies as PBOC Yuan fix on high side of forecasts

The "retail sales control group", published by US Census Bureau, represents the total industry sales that are used to prepare the estimates of PCE for most goods.

According to the Analysis, pair is expected to find support at 0.6744 and a fall through could take it to the next support level of 0.6733. The pair is expected to find its first resistance at 0.6780 and a rise through could take it to the next resistance level of 0.6791.

GBP USD

GBP traded lower against USD and closed at 1.2786.

The Consumer Price Index released by the National Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or Bearish).

According to the Analysis, pair is expected to find support at 1.2646 and a fall through could take it to the next support level of 1.2600. The pair is expected to find its first resistance at 1.2796, and a rise through could take it to the next resistance level of 1.2842.

Important Economic Events of the Day

· GBP: Consumer Price Index (YoY) (Sep)

· GBP: BoEs Governor Carney Speech

· USD: Retail Sales Control Group (Sep)

· CAD: BoCs Consumer Price Index Core (YoY) (Sep)

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[xtreamforex26]

Technical Overview of EUR/USD, AUD/USD and USD/JPY Currency Pair

EUR USD

EUR traded lower against USD and closed at 1.1169.

EUR/USD's may have a hard time extending preceding three week's rally, courtesy of warning Brexit optimism. The common currency may face selling pressure if the European Union announces retaliatory tariffs on imports from the US.

According to the Analysis, pair is expected to find support at 1.1150 and a fall through could take it to the next support level of 1.1146. The pair is expected to find its first resistance at 1.1164 and a rise through could take it to the next resistance level of 1.1168.

AUD USD

AUD traded higher against USD and closed at 0.6855

• AUD/USD remains buoyant in Asia as hopes recede of an early RBA rate cut

• Bolstered by last week's upbeat AU jobs data, increasingly gloomy US data

• Australia home prices keep rising as auctions heat up in boost for economy

• Chance of Nov rate cut pared back to just 17% compared to 34% a week ago

According to the Analysis, pair is expected to find support at 0.6842 and a fall through could take it to the next support level of 0.6839. The pair is expected to find its first resistance at 0.6854, and a rise through could take it to the next resistance level of 0.6857.

USD JPY

USD traded higher against JPY and closed at 108.42

Although 200-day SMA becomes the key upside for USD/JPY, the quote refrains from further declines while taking rounds to 108.50 during early Monday. The pair is seesaws around four day low.

According to the Analysis, pair is expected to find support at 108.32 and a fall through could take it to the next support level of 108.27. The pair is expected to find its first resistance at 108.50, and a rise through could take it to the next resistance level of 108.55.

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Technical Overview of USD/CAD and EUR/USD Currency Pair

USD CAD

USD traded lower against CAD and closed at 1.3048.

USD/CAD is trimming gains on reports calling a victory for Canada's PM Trudeau. The pair may come under pressure if Trudeau forms a minority government with NDP's support.

Canada Retail Sales m/m show changes in the value of goods sold in retail stores in the specified month compared to the previous month. The indicator is calculated based on statistics from several thousand retail stores, and the data is then extrapolated to the whole country.

The indicator evaluates the consumer activity and inflation. The indicator growth can have a positive effect on CAD quotes.

Canada Core Retail Sales m/m reflects the change in retail sales in the reported month compared to the previous one. The indicator is calculated based on statistics from retail stores of different types and sizes. The index calculation does not include sales of autos and spare parts.

Retails Sales are an indicator of consumer activity in Canada, and an important component of national GDP. The indicator growth can have a positive effect on CAD quotes.

According to the Analysis, pair is expected to find support at 1.3077 and a fall through could take it to the next support level of 1.3063. The pair is expected to find its first resistance at 1.3123 and a rise through could take it to the next resistance level of 1.3137.

EUR USD

EUR traded higher against USD and closed at 1.1148.

· Positive risk extends in Asia, E-mini S&P +0.1% and AsiaxJP stocks +0.3%

· Flat in a low key 1.1147/1.1156 range - fundamentals unchanged look to techs

· Charts - daily momentum studies, 5, 10 & 21 MAs head higher - bullish setup

· Sustained cloud break, 1st since July - 1.1104 horizontal cloud top supports

According to the Analysis, pair is expected to find support at 1.1142 and a fall through could take it to the next support level of 1.1132. The pair is expected to find its first resistance at 1.1172, and a rise through could take it to the next resistance level of 1.1182.

Important Economic Events of the Day

· CAD: Retail Sales m/m

· CAD: Core Retail Sales m/m

· USD: Existing Home Sales

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[xtreamforex26]

Technical Overview of AUD/USD

AUD/USD

The AUD/USD pair will be traded at the level 0.7215 and go down from China released July month trade data at the Early Friday.

The Aussie pair has as of late been beaten somewhere in the range of 0.7210 and 0.7220 after its U-turn an 18-month top in the midst of the underlying Asian meeting.

China's July month Trade Balance crossed conjecture and earlier while blazing 442.23 B figures on a Chinese Yuan basis. Subtleties recommend that the Exports flood from 2.3% expected and 4.3% past directions to 10.4% yet Imports switched - 0.7% market understanding with 1.6% figures.

Except if breaking a rising pattern line from May 22, combined with 21-day EMA, close to 0.7110-0.7100, the bears are less inclined to take controls. Therefore, bulls focusing on the year 2019 top close to 0.7300 should stay confident.

The AUD/USD was previously close at the level of 0.7233. The Support and Resistance level of the pair will be 0.7184 and 0.7213.

EUR/USD

The EUR/USD pair has attacked multiple times over the most recent five days to close above at the level 1.19.

On Thursday, the currency pair timed a high of 1.1916 yet located at 1.1876. Comparable value activity was seen on Wednesday and last Friday.

The repeated removal above 1.19 approves the overbought on the 14-day relative quality record and recommends the ebbing of bullish energy. A comparative message is being resounded by Thursday's turning top flame the one with long wicks and a little body.

The pair will be situated at 1.1696 (Aug. 3 low), which whenever understood, would doubt a higher lows arrangement on the day by day outline and yield a decrease to 1.1422 (June 10 high).

The EUR/USD was previously close at the level of 1.1875. The Support and Resistance level of the pair will be 1.1804 and 1.1843.

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Technical Overview of EUR/USD and GBP/USD

EUR/USD

The EUR/USD pair will run out of the stream and reached the level 1.1916 on Thursday that indicates the technical indicators.

The EUR/USD pair daily chart indicates the bearish divergence according to the Relative strength index with slow stochastic. Moreover, the bearish divergence occurs that indicates the chart lower highs that opposed the higher lows and the Higher highs in Price that will take to be the sign of the Bullish momentum.

On Friday the pair was a decline at the level 0.78% to validated the uptrend exhaustion by the Thursday formed the spinning top candle that confirmed the short term bullish to a bearish trend change.

All things considered, a more grounded pullback might be seen for this present week. Quick help is situated at 1.1696 (Aug. 3 low), which, whenever entered, would declare a double top breakdown on the day by day chart and open the entryways for 1.1482 (focus according to the planned move strategy). On the higher side, 1.1916 is the level to beat for the bulls. At press time, the pair is sidelined close to 1.1791.

GBP/USD

GBP/USD was traded around the level at 1.3050 during the early Monday's Asian meeting. In doing as such, the Cable trims increase following a U-turn a seven-day-old helpline. The information could be followed by the pair's failure to cross 200-HMA.

Other than the 200-HMA and quick helpline, weak RSI conditions and waiting MACD furthermore bring up issues for the pair traders. Subsequently, they search for an away from of any of these key specialized levels for new headings.

The Cable pair will be traded upside that breaks the 200 HMA at level 1.3067 that will aim to go at the level 1.3100 the pair further go up with the ascending trend line and currently traded at the level 1.3190.

It will be expected, a drawback break below the referenced helpline, close at the level 1.3020, can attack the 1.3000 points to return to July 28 top close to 1.2950.

It ought to likewise be noticed that the pair's ascent past-1.3190 will require approval from 1.3200 before examining the bulls. In the interim, the bears' strength past-1.2950 can feature at the level 1.2840/35.

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EUR/USD Pair Underpinned As Fiscal Impasse In Washington

The EUR/USD pair will be rally looks at the technical indicators that will pull back to the remain elusive as the impasse in Washington that will keep the dollar into the bulls.

The EUR/USD pair is trading at the level to 1.1860 according to the press time that will represent the gain at the level with a 0.17% gain on the day. If we see the weekly chart the relative strength index is having the above 70 that will indicate the overbought market conditions for the first time in over 2.5 years.

Be that as it may, slowed down coronavirus boost dealings in Washington and worrying Sino-US strains may hold the dollar under tension and confine losses in EUR/USD.

Then, the US and China postponed an audit of their Phase 1 economic accord at first booked for Saturday and have not reported another date up until this point. President Trump gave a chief request on Friday forcing ByteDance, the Chinese organization behind TikTok, to auction or branch off its US online networking business in 90 days.

GBP/USD Pair Winning the Streak Attack at 1.3100 on Print Three Day

The GBP/USD pair will go up and picks up the bid at the level near the 1.3100 up with 10% during the Monday Morning. The cable pair will stay beyond the 10-day EMA to the Third day according to the press time.

According to the RSI and MACD are both against the further run-up, which thus pushes venders to search for any drawback past at the level 1.3055, involving 10-day EMA, for ways.

It will be traded at the level 1.3000 and the month to month low around the level with 1.2980 can offer an extra channel toward the south, a rising pattern line from June 30, at 1.2885 presently, turns into the key help to watch.

On the upside, 1.3140 and the month to month top around 1.3185 can offer close by protection from the pair in front of the March month's peak including at the level 1.3200.

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EUR/USD Goes Deeper Below and Strengthening Momentum

The EUR/USD pair used the gauge trend strength and the trend changes on the daily chart histogram that producing the deeper bars below the zero line on the bearish momentum.

The trendline support of the 14-day relative strength Index is dived out and signaling to the end of the uptrend to the low level near to the 1.08 that observed in May.

That alongside Friday's bearish covering light recommends scope for a decrease to the level at 1.1729 the lower end of the everyday chart sideways channel. A violation there would move the concentration to the rising trendline support, presently traded at the level 1.1620. On the higher side, a nearby over Friday's high of 1.1883 is expected to negate the bearish viewpoint.

GBP/USD Slipped below to the Monthly Support Line

The GBP/USD was traded at level 1.3090 during this early Monday. The cable pair slipped below to the 100-bar SMA level during this late Friday that breaks the short term support line to the convince seller.

Thus, bears may search for sections under an upward inclining pattern line from July 30, at the level 1.3055 now, before expressing their strength.

In doing as such, 1.3000 and the month to month base around at the level 1.2980 could come back to the figures in front of featuring 1.2915 and July 28 low close to the level 1.2840.

In the interim, an upside break of 100-bar SMA, right now around 1.3105, can focus on the early-month top containing the level at 1.3185 before standing up to March month's top near 1.3200.

If the cable pair stays effective past-1.3200, the ongoing high at the level 1.3265 and December 31, 2019, top close to 1.3285 will be on their radars.

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[xtreamforex26]

Technical Analysis Of EUR/GBP USD

EUR/USD Pair Flags the Breakout on the 15-Minutes Chart

EUR/USD jumped above at the level 1.1910 during Monday's Asian trading hours, setting off a bullish banner breakout on the 15-minute outline.

A banner is a continuation pattern it quickens the former move. The currency pair rose from 1.18 to 1.1920 on Aug. 28 preceding becoming a banner.

The breakout, along these lines, shows a continuation of the convention from lows closes at the level to 1.18.

The pattern has made space for a meeting to 1.20 (focus according to the planned move strategy).

The quick preference would turn bearish if the pair falls back below at the level 1.19, exposing the bull banner breakout and moving the concentration to the climbing 5-day straightforward moving normal, presently at 1.1860.

GBP/USD Refreshes on 12- Week Old Resistance Line Goes In Focus

GBP/USD falls from the year's head of at the level 1.3368 to 1.3351 in the midst of the underlying hour of Tokyo open on Monday. All things considered, MACD pushes the bulls while 21-day SMA joins a rising pattern line from June 30 to confine the pair's momentary drawback.

Henceforth, bulls can keep the reins and attack an upward inclining pattern line from the early June month, at the level 1.3383 now, while focusing on December 2019 top close to 1.3515 as the following level.

During the pair's upside past-1.3515, 1.3620 and September 2017 high close to the level 1.3660 can challenge the Cable buyers.

Then, any drawback below March month's top around 1.3200 will bring the statement to 1.3130 help conversion including 21-day SMA and the previously mentioned pattern line.

Regardless of whether the pair slips below at the level 1.3130, the 1.3000 edge and the month to month low around 1.2980 will be limiting the extra south-run.

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[xtreamforex26]

Technical Analysis of EUR/ GBP USD

EUR/USD Defend For the Bulls to Defend at the level 1.18

The EUR/USD pair will be traded in a sidelined to the near at the level 1.1837 during this Monday Morning according to the Asian Hours.

The pair will be created the long-tailed candle for the second straight day on this Friday marking to the bear failure below the support level 1.18 and shows the signaling for the reversal higher.

Nonetheless, a move over Friday's high of 1.1865 is expected to confirm a finish of a pullback from the ongoing high of the level 1.2011 and set the bulls back into the driver's seat. On the other hand, a break under trendline ascending from May 14 and July 1 highs would suggest a bullish-to-bearish pattern change. At press time, the trendline uphold is situated at the level at 1.1765.

GBP/USD Old Line Goes Around 1.3250 Seller attack at Seven-Week Support Line

The GBP/USD pair remains on the back foot to the declining level to the 1.3248 goes down 0.23% on the day during the early Monday Trading.

In doing as such, the Cable affronts Friday's Doji light, suggesting an inversion of the past bearish move, in the midst of increasing chances of a no-deal Brexit.

The statement as of now trades almost a momentary helpline, at 1.3245 presently, sponsored by the bearish MACD signals.

In any case, 21-day SMA and a two-month-old rising pattern line, separately around 1.3185 and 1.3140 can scrutinize the traders after.

Then again, a day by day shutting past the 10-day SMA level of 1.3282 will stand up to a momentary flat opposition around the level 1.3360.

For a situation where the bulls figure out how to cross 1.3360, 1.3400 round-figures, and the as of late reflected multi-week high around 1.3480/85 will be at the center of the spotlight.

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Technical Analysis of AUD/ GBP USD

AUD/USD Price Seems Multiple Failure Above 10-day SMA

AUD/USD is trading to a great extent unaltered on the day close to 0.7274 at press time, having confronted dismissal over the 10-day straightforward moving normal (SMA) 0.7285 early today.

The Aussie bulls have neglected to keep increases over the 10-day SMA in five out of the last six trading days.

Readers should take note that the 10-day SMA has finished out and is drifting south, demonstrating a bearish arrangement. All things considered, the repeated inability to beat that diving normal could be taken as a notice of a rising pullback.

The immediate help is seen at 0.7192 (Sept. 9 low), which, whenever entered, would build up a bearish lower high, lower low arrangement, and reveal the mysterious degree of 0.70. On the higher side, the Sept. 10 high of 0.7325 is the level to beat for the bulls.

EUR/USD Pair Indecision Suggest Doji Weekly

EUR/USD made a Doji candle a week ago as it turned the two different ways before printing a level close.

The Doji shows uncertainty in the business center. Thusly, the predisposition will stay impartial while the conversion standard is held inside the Doji's high and low at the level of 1.1918 to 1.1753.

A move below 1.1753 would confirm a bearish Doji inversion example and open the entryways for 1.1495 (March 9 high). On the other hand, a break above 1.1918 would flag a resumption of the more extensive upturn and uncover late highs above 1.20.

The pair is trading generally unaltered on the day at the level 1.1838.

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Technical Analysis of EUR/AUD USD

EUR/USD Pair Seems on Bearish Reversal With Two Weeks Indecisive Price Action

The EUR/USD pair seemed the two weeks indecisive on action to the short-term bearish reversal.

The pair was formed to the second consecutive Doji candle if we have a look at the weekly chart during Sept 18. The Doji candle represents the indecision in the market price. Moreover, in the case of the back to back Doji, the candle appears to the candle that appears to the following to the notable rally at the level to the 1.08 to 1.2011 that indicates the buyer’s exhaustion.

The lower highs on the week after week graph MACD histogram additionally recommend bull weakness. Thus, a pullback might be found for the time being.

Acknowledgment under a week ago's low of 1.1737 would confirm a bullish-to-bearish pattern change.

On the higher side, a day by day close above at the level 1.20 is expected to re-establish the bullish predisposition.

AUD/USD Price Keeps on Pullbacks to SMA Confluence 10-/21day

The AUD/USD price rises at the level of 0.7310 up to the level of 0.28% during the Monday Trading Session. The Aussie pair seems intraday high at the level 0.7314 while turns to the U-turn to the 10 days and the 21 day SMA confluence.

Considering the pullback from the key SMA joint, AUD/USD costs may attack the falling pattern line from September 01, at 0.7327 now, during the further recuperation.

Nonetheless, the pair's upside past-0.7327 gets suspicious, which if happen requirements to cross a week ago's top close to 0.7350 before co-ordinating the bulls towards the August 31 top near the level 0.7415.

Then, a day by day closing below at the level 0.7285/80 help position will assault half and 61.8% Fibonacci retracements of AUD/USD upside set apart in August, separately around the level 0.7245 and 0.7205.

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Technical Analysis of EUR/ USD CAD

EUR/USD Turns Bearish Seems on Weekly Indicators

The EUR/USD pair could extend and decline at the level 1.77% to the crucial weekly chart to the indicators to the reporting bearish conditions.

The MACD gauges trend seems the strength and trend changes that crossed to the below zero levels that indicating the Bullish to Bearish trend change. It will turn negative for the first time.

Move Further from the 5 and 10-week simple moving average have produced the bearish crossover. The pair will likely to test to the resistance turned the support of the level at 1.1495. The EUR/USD is currently traded at level 1.1632 that declined to 1.1872 to 1.1612 to the last week.

The pair was traded close above the level high at the level 1.1872 invalidate the bearish bias.

USD/CAD Price on Double Tops Above the Level 1.3400

The USD/USD seems traded at the level bids 1.3400 up to 0.07% during the Monday Trading Session. The loonie pair as of late took a U-abandon 21 and 50-HMA conversion, which thus takes information from MACD to claim the earlier week's highs set apart on Thursday and Friday.

Thinking about the quality of the bullish force, not to overlook solid drawback underpins, the statement is probably going to break 1.3418/20 opposition and focus on July 30 top close to the level 1.3460.

Notwithstanding, USD/CAD upside past-1.3460 will be addressed by the June 23 low at the level of 1.3485 and the 1.3500 limits.

Unexpectedly, a drawback break of the previously mentioned HMAs close to the level 1.3380/85 will take a lay on the upward inclining pattern line from September 22, at 1.3350 at this point.

For a place where USD/CAD costs slip below at the level 1.3350, another helpline from September 18, at present around 1.3310, will be the key.

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[xtreamforex26]

Technical Analysis of Bitcoin & Ethereum

Bitcoin Screams Sell and Ethereum Eyeing on Breakout Cusps

The Cryptocurrency Markets shook this week after releasing the news that surrounding the largest trading derivatives. Bitcoin tumbles to the level at $10,400 that recovering slightly at the level of $10,600. As we know that in the previous day the US President Donald Trump tested Positive from COVID-19 that lose the cryptocurrency dipped at the level to $10,400.

Ethereum investigated levels below $320 twice in September. Different endeavors were made to pull the crypto above $400, however, little advancement was made above the level $390. Additionally, for as far back as about fourteen days, the cost has stayed topped under at the level $360.

Yearn.finance, gotten an enormous beating a week ago, losing over 38% of its worth. Be that as it may, the losses were not novel to the decentralized money (Defi) token since driving advanced resources, for example, Bitcoin and Ethereum jumped to $10,400 and $335, separately.

 

[xtreamforex26]

Technical Analysis of EUR/USD

EUR/USD Price Flashing the Red Chart Breakout

The EUR/USD price is trading shows the bullish on the daily chart pattern according to the press time. EUR/USD price will jump at the level 0.61% that formed the bullish maruboze candle that conforming the break on the bearish channel to the trend line connecting to the highs on Sep 21 and lows on Sep 25.

The pair is at present drifting close to the level 1.1815, expressing to a 0.15% loss on the day. The resurgence of COVID over the Eurozone is by all accounts weighing over the mutual price.

All things considered, the movement will stay bullish while the pair is held over Friday's low to level 1.1752. The pair were previously closed at the level 1.1824.

Support Level: S1 1.1815, S2 1.1812, S3 1.1815

Resistance Level: R1 1.1822, R2 1.1826, R3 1.1829

AUD/USD Price Rejected the Bearish Trendline at 6-Week Chart

The AUD/USD pair will be currently traded at the level 0.7216 that facing the rejection at the level 0.7234.

Some of the Indicators like the MACD histogram and the 14-day relative quality file are revealing bullish conditions. As it were, they have adjusted for a potential gain break of the bearish trendline.

Whenever followed by a move below Friday's low of 0.7162, the most recent release at the trendline obstacle would confirm a finish of the motion from the Sept. 25 low of 0.7006 and inversion lower.

The pair were previously closed at the level 0.7239.

Support Level: S1 0.7225, S2 0.7221, S30.7218

Resistance Level: R1 0.7233, R2 0.7237 , R3 0.7240

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Technical Analysis of Bitcoin​

Bitcoin Price Liftoff at the level of $28,000 ​

The bitcoin seems the uptrend that will follow the uptrend again with the various extreme losses that will test the level at $11,800

Moreover, the BTC/USD is traded at the level of $11,200 before going to resume the uptrend.

Notwithstanding, he is certain that the leader's digital currency will take off to the level at $28,000. In addition, the gracefully ready to move will undoubtedly decrease as foundations and governments will straightforwardly buy Bitcoin from miners.

The bitcoin is trading at the level of $11,430 after the recovery of the dip that dragged to the level at $11,200 on Friday. If we have a look at the daily chart the formation of the symmetrical triangle pattern breakout to $12,000.

Bitcoin's present moment and medium-term bullish viewpoint is stressed by the Relative Strength Index (RSI) 's recuperation from the midline. Quite, trading above $11,800 may call for more purchase orders, making Bitcoin's volume to hop above $12,000.

The BTC/USD pair was previously closed at the level volume by $1,232.

Support Level:11437.3,11433.7,11426.3

Resistance Level: 11448.2, 11455.5, 11459.1

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Technical Analysis on EUR USD or AUD CAD​

EUR/USD Pair Seems Above 1.21 Risks Pullback to Hurdle Turned ​

EUR/USD is trading a sideways way around 1.2110 at press time, having confronted dismissal close to the level 1.2170 in the past three trading days.

Monday's drop confirmed the upturn weakness motioned by the long upper wicks connected to the past two everyday candles and an over 50 or overbought perusing on the 14-day Relative Strength Index.

The MACD histogram, a marker used to distinguish pattern strength and pattern changes, is currently outlining lower highs, additionally an indication of buyers weariness.

The stage looks set for a drop to the previous obstacle turned-backing of the level 1.2011 (September high). A nearby above 1.2178 (Friday's high) is expected to restore the bullish inclination.

AUD/USD Pair Goes To Lower to Indecisive Bounces ​

AUD/USD has recovered to the level of 0.7427 from the meeting low of 0.7410. The pair, nonetheless, is as yet caught in Monday's trading range of the level 0.7454 to 0.7372.

The Aussie saw two-route business on Monday and finished the day with minimal misfortunes, framing a day by day flame with long wicks and little body. That is an indication of hesitation in the commercial center.

The quick predisposition will stay unbiased as long as the pair is exchanging between Monday's high and low. A break above 0.7454 (Monday's high) would suggest bullish continuation and uncover the mental obstacle of 0.75. On the other hand, a move underneath Monday's low of the level 0.7372 would confirm a momentary bearish inversion and open the entryways for a remarkable pullback.