Fx Charts

The USD/CAD has been persistently bearish as seen in the 4H chart trading in a declining channel. The RSI has been held under 60 and has been able to tag 30, reflecting the continuous bearish momentum. As we gear up for the 2/7 US trading …

The daily chart shows that the previous 2 daily candles that represent the breakout have been unimpressive. The RSI reading also failed to break above 70 to reflect bullish momentum. Instead, the market looks to be pondering this bullish move …

Alternatively, if the break higher was indeed genuine, clearing 1302.60 will expose 1350.00. Daily Chart – Created Using FXCM Marketscope 2.0 CRUDE OIL – Prices confirmed yesterday’s narrow break below support at 101.28, pushing aggressively …

Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in …

Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in …

Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in whole or …

Rising stochastics on the daily and weekly charts point to potential gains in the pair but short term momentum studies look to have more room to fall before the pressure is relieved. Therefore, a break of 76.25 is favored. After this level there …

Still, the EUR/USD bearish momentum continues increasing: lose of 1.4360 area, daily low, may trigger further slides towards the 1.4300 area, where a daily ascendant trend line along with the 200 EMA in the 4 hours chart may offer support today.

Similar to Ichimoku charts, the Heikin Ashi has been a relatively unknown tool that has recently seen a rise in popularity, even though it has been accessible since its introduction almost two decades ago. In addition to showing the relative strength o…

Getting deeper into the Asian session, the market is in a declining support. – The RSI in the 1H chart is breaking below 40, and killing the short-term bullish momentum we established last week. A reading below 30 returns the market to bearish momentum…