FX Price Action Watch: AUD/NZD, AUD/USD, CAD/CHF, EUR/GBP, NZD/USD
Price Action Tracker | Sep 12, 2016 04:59AM ET
In this week's market analysis, we will look at potential trading opportunities and zones where we should look for price action, evidence and potential moves.
Pairs and markets analyzed this week: AUD/NZD, AUD/USD, CAD/CHF, EUR/GBP, NZD/USD, Silver
AUD/NZD pullback? Watch out for nearish price action at resistance
Keep an eye on AUD/NZD , it might test again the 1.034-1.036 resistance.Watch out for bearish price action and a potential move to the downside from this major zone (1.006 target).
AUD/USD approaching our 1st management point
We are now at 1.9 ROI and approaching our 1st management point (0.75).
There is still a good chance for the price to drop to our initial target (0.745) for a 3.3 ROI
CAD/CHF at support, watch out for bullish price action
CAD/CHF at support zone. Watch out for bullish price action (bullish evidence) and a potential move to the upside from this major zone.
EUR/GBP still aiming for a 3.3 ROI
EUR/GBP still aiming for a 3.3 ROI (target 0.856)
NZD/USD approaching support, watch out for bullish price action
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NZD/USD price approaching support zone 0.724-0.728, watch out for bullish evidence and a potential move to the upside from this major zone (with a 0.747 target)
XAG/USD approaching support, watch out for bullish price action
XAG/USD price approaching support zone 18.39-18.48, watch out for bullish evidence and a potential move to the upside from this major zone (with a 20 target)
Disclaimer: This is educational and general information only (not advice or a recommendation).
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