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Charts & Analysis

Market Charts and Analysis

Daily Market Charts and Analysis August 26, 2019

GBPAUD The pair failed to sustain its strength after it broke out from 200 MA, which will send the pair lower towards MA 50.  Increasing global headwinds, threats to security, and sharpening trade tensions will shape the G7 (Group of Seven) leaders’ meeting in France where Prime Minister Scott Morrison represents Australia as a special …

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Market Charts and Analysis

Daily Market Charts and Analysis – 08.21.19

NZDCAD The pair traded within a channel in the past months, overall pursuing a downtrend as the Canadian dollar gathers strength from the perking up in oil prices. On the NZD side, the bank has implemented aggressive rate cuts in recent weeks. According to the central bank’s assistant governor, such aggressive moves decreased the need …

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Charts

Daily Market Charts and Analysis – 08.16.19

USDCAD The pair is expected to breakout from 200 MA, which will send the pair higher towards the nearest resistance line. Canada’s ethics commissioner released a report that found Canadian Prime Minister Justine Trudeau violated ethics rules when he tries to pressure his former justice minister and attorney general to drop criminal charges against a …

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