| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

FxWirePro:EUR/AUD eases but bullish outlook persists

FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed

FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike

EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185

FxWirePro- Woodies Pivot(Major)

FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains

FxWirePro- Major Crypto levels and bias summary

FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains

FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish

GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212

FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path

FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption

FxWirePro- Major European Indices

BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K

FxWirePro: GBP/USD dips lower on negative UK retail sales data

©Econometrics LLC . All Rights Reserved.

FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (USDCAD and GBPJPY) for the day)

Friday, August 11, 2023 10:11 AM UTC

Pair	Value	Recommendation
USDCAD	389.13	Strong Buy
GBPJPY	382.92	Strong Buy

USDCAD

Major resistance- 1.3465

Near-term support- 1.3370

Trend reversal level- 1.3500

GBPJPY

Major resistance- 184.20

Near-term support- 183.25

Trend reversal level- 185

Above (-150): Sell

Above (-300): Strong Sell

Above 150: Buy

Above 300: Strong Buy

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Putin Envoy Heads to Miami for High-Stakes Talks as U.S. Pushes Ukraine Peace Deal

FxWirePro- Major Crypto levels and bias summary

BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K

Trump Nominates Lt. Gen. Frank Donovan to Lead U.S. Southern Command Amid Rising Tensions in Latin America

Epstein Files Released by DOJ Spotlight Bill Clinton, Raise Questions Over Trump Mentions

FxWirePro: GBP/USD dips lower on negative UK retail sales data

FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path

Russian Missile Strike on Odesa Port Kills Seven, Disrupts Key Trade Routes

FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (USDCAD and GBPJPY) for the day)

Editor's Picks

Welcome to EconoTimes