The CADJPY is showing a bullish outlook, indicating a strong opportunity for long positions. With key support levels holding firm and bullish technical indicators like RSI above 50 and a recent MACD crossover, the market sentiment favors upward momentum. Targeting resistance levels while managing risk with a tight stop loss below recent swing lows can optimize...
The US500 (S&P 500 Index) is experiencing a downturn due to economic uncertainty and profit-taking by investors. Key support levels will be crucial in determining if the bearish trend persists.
NZDCAD is currently falling due to weaker New Zealand economic data and stronger Canadian Dollar, supported by rising oil prices. Key support levels may determine if the downtrend continues.
EURNZD is in a long-term downtrend, characterized by lower highs and lows, breaking key support levels, and trading below major moving averages, driven by Eurozone economic concerns and NZD strength.