Forex technical analysis: AUDUSD waffles in front of retail discounds in the new day. Supported at 0.7807-13In the fresh trading day, Australia going to launch retail discounds for November.
The expectation Information Systems for:0.4% compare 0.5% final monthThe low estimate Information Systems 0.2% & the high Information Systems 0.6%.
A leverage number would be the third earn in a row (0.5% & 0.1% in October & September).
A move below back below the hundred day MA & I think the behavior toward the pair turns further bearish.
The 200 day MA Information Systems at 0.77015.
Forex technical analysis: EURUSD stays below MA & 50% retracement
Earlier spike higher this day seeing reduce highsThe EURUSD spiked on the $ selling after China told it perhaps look to slow America debt purchases.
In any case, the headlines sent the value of the EURUSD sharply higher.
However, the final four hours has seen a rotation back down, & the value has locked the final four hours below the 2 MAs & 50% level.
The 1.19605 standard was the high value from November 2017.
A move back below which standard would give the shorts further comfort technically.
Forex technical analysis: USDCAD sees some delayed buying after data
referring to Looks toward 200 hour MAThe USDCAD has seen a bit of a delayed reaction after the weaker than foreseen building permits (-7.5% compare -1.0% estimate).
The move to the upside has taken the value to fresh session highs & above the 1.24807 standard that was the low on the Canada employment day BEFORE the much best jobs report.
That standard stalled the rally yesterday.
However the rally does have the 200 hour MA at 1.24954 as a hurdle to get also an out of for a further bullish technical picture.
The USDCAD hasn’t traded above the 200 day MA ever December 20.
collected by :kiven Dixter