AbangerNalysis Jan 3, 2016

So ,Euro pairs closed bearish against its counterpairs this 2015.
Aside though from loonie (CAD) whose value is relative to current oil situation, we can see a continues fall in euro this week. Short term trading may vary as always. euraud
EURAUD
Prices in EurAud is heading south as it has already touched 38.2% of its weekly fibo level , with a bearish MACD and RSI level at 46.
In daily, Prices are below 200SMA and clouds, with bearish MACD and RSI level at 41. Looking for support levels at 1.48, 1.46, 1.45, and 1.44 respectively.
eurusd 1.4.16
EURUSD
Prices are still ranging weekly between 1.142 and 1.052 with a bullish MACD and RSI at 45.
In Daily, we are looking at it ranging between 1.102 and 1.08 with Bearish MACD and RSI level
at 46. Next support would be 1.07, 1.06 and 1.055. Prices are below 200SMA but within the clouds.

gbpcad 1.4.16

GBPCAD
Price is heading to its 2.03 – 2.00 daily ranging prices.With Bearish MACD and RSI level at 42, I am looking for possible support at 2.03, 2.01 , 2.00 and 1.986 (if it passes through the clouds and 200SMA).
Disclaimer : No Absolute absolutes. Trade at your own RISK. Currency and Equity trading carries high level of risk, please see your financial adviser first before entering the market.

 

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