Tag Archives: EUR/CAD

Today’s highlights: – EURGBP: Breakout above .8686 exposes the high of .8718 once again. The market would need to breakout above here to expose .8800/33 resistance zone.

Today’s highlights: – EURGBP: Struggling again towards the upper end of the current trading range. We continue to expect the market to remain capped by .8686, with risk towards .8442.

Today’s highlights: – EURGBP: Rebounding higher as support at .8571 holds for now. Despite this, we expect upside to be limited to .8686 resistance, with risk still lower for .8442.

Today’s highlights: – EURGBP: Market remains capped by .8686 resistance and we continue to expect a decline back to range support at .8442. Below here targets .8364/50.

Today’s highlights: – EURGBP: Resistance found at .8686, importantly ahead of the .8718/9 hurdles. We still expect the market to reverse lower to target .8442 chart support once again.

Today’s highlights: – EURGBP: Rebound higher from support found at .8442 turns the focus higher for .8642 trendline resistance, which is expected to cap the market. We continue to target .8364.

Today’s highlights: – EURGBP: Bearish reversal signals that .8718/9 is set to continue to cap. We still target .8364 interim chart support. Below sees the 38.2% retracement at .8337.

Today’s highlights: – EURGBP: Correction lower from .8719 retracement resistance continues, with the focus remaining through .8553/.8517 support, to .8364.

Today’s highlights: – EURGBP: Emphatic rejection of the .8719 long-term 50% retracement. We expect further weakness back through .8517 to .8364 support after the trendline break.

Today’s highlights: – EURGBP: Aggressive rally brings the market through the long-term downward trendline spanning from the 2008 high of .9803 to test the .8719 50% retrace. We expect this to cap.