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FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today

Forex Analysis

Forex Analysis:::2021-04-14T20:28:14
CADJPY vulnerable to a move towards 84.20.
CADJPY is inside a bullish channel and continues making higher highs and higher lows. Trend is bullish but we have some warning signs that imply an imminent reversal and exit...
Forex Analysis:::2021-04-08T08:29:02
CADJPY reacting below descending trendline resistance! Further drop incoming!
Price tested and reacted below descending trendline resistance. A short term drop below 1st resistance at 87.053 towards 1st support at 86.856 could be expected. Price is below moving average...
Forex Analysis:::2021-03-31T12:27:28
Trading idea for the CAD/JPY pair
Since March 2020, CAD / JPY has moved by 11,500 pips, in which it even managed to break the all-time high last 2019, trading above 85. Now, it is storming...
Forex Analysis:::2021-03-25T10:42:02
Daily Video Analysis: CADJPY facing bullish pressure, potential for further upside!
Today we take a look at CADJPY . Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups...
Forex Analysis:::2021-03-08T08:48:48
CADJPY is facing bullish pressure, potential for further upside
Price is taking support on 1st support level, in line with the ascending trendline support, horizontal pullback support, 78.6% fibonacci extension and 38.2% fibonacci retracement. Prices might potentially bounce...
Forex Analysis:::2021-03-05T11:01:29
Trading idea for the CAD/JPY pair
Since March 2020, CAD / JPY has moved by a record 11,500. And today, it was able to break above 85. Taking this into account, it would be profitable...
Forex Analysis:::2021-03-05T09:54:13
CADJPY facing bullish pressure, potential for further upside!
Price is facing bullish pressure as it continues to hold above both the Ichimoku cloud and ascending trendline support, in line with our bullish bias. We could potentially...
Forex Analysis:::2021-03-04T09:10:21
CADJPY below descending trendline resistance! Further drop incoming!
Price holding below descending trendline resistance. A further drop below 1st resistance at 84.674 towards 1st support at 84.383 can be expected. Price also broke below longer term ascending trendline...
Forex Analysis:::2021-03-04T09:05:08
EURAUD facing bullish pressure, potential for further upside!
Price is facing bullish pressure as it continues to hold above both the ascending trendline support, in line with our bullish bias. We could potentially see a bounce...
Forex Analysis:::2021-03-03T07:17:22
Daily Video Analysis: CADJPY facing bullish pressure, potential for further upside!
Today we take a look at CADJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. Price...
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