fbpx

US Dollar Price Analysis: AUD/USD, EUR/USD, NZD/USD, USD/CAD

US DOLLAR, AUD/USD, EUR/USD, NZD/USD, USD/CAD – TALKING POINTS:

AUD/USD consolidating below key resistance.

Ascending Channel guiding EUR/USD rates higher.

NZD/USD gearing up to retest the yearly high.

Descending Channel capping USD/CAD’s upside potential.

As mentioned in previous reports, the anti-risk US Dollar may continue to lose ground against its major counterparts, as long-term price analysis suggests a cyclical downturn is in the offing. Here are the key levels to watch for AUD/USD, EUR/USD, NZD/USD and USD/CAD rates.

AUD/USD DAILY CHART – CONSOLIDATING BELOW KEY RESISTANCE

AUD/USD daily chart created using Tradingview

Although AUD/USD rates have struggled to gain a firm foothold above key psychological resistance at 0.7600, the technical outlook for the cyclically-sensitive exchange rate continues to favour further gains.

Bullish moving average stacking, in tandem with the RSI and MACD indicator tracking firmly above their respective neutral midpoints, hint at swelling bullish momentum.

Moreover, with price perched constructively above confluent support at the 50% Fibonacci (0.7522) and Pitchfork median line, AUD/USD appears to be carving out a Bull Flag continuation pattern.

With that in mind, a daily close above the 100% Fibonacci (0.7628) would likely signal the resumption of the primary uptrend and carve a path for price to test the psychologically imposing 0.7800 mark. The Bull Flag’s implied measured move suggesting prices could climb a further 3.9% to probe 0.7860.

Alternatively, sliding back below the December 23 low (0.7516) may neutralize near-term buying pressure and ignite a pullback towards the December 7 high (0.7454).

EUR/USD DAILY CHART – ASCENDING CHANNEL GUIDING PRICE HIGHER

EUR/USD daily chart created using Tradingview

EUR/USD rates also seem poised to probe the yearly high in the coming days, as prices bounce away from Bull Flag resistance-turned-support and continue to track within the confines.

With the RSI hovering above 60 and the MACD indicator travelling at its highest levels since August, the path of least resistance seems skewed to the topside. If support at the December 4 high (1.2178) remains intact, a push to challenge the yearly high (1.2272) looks relatively likely.

A daily close above the 50% Fibonacci (1.2290) probably ignites a more extended topside push and brings the 61.8% Fibonacci (1.2453) into focus. On the other hand, a daily close back below 1.2160 could open the door for a short-term correction towards the 2017 high (1.2093).

NZD/USD DAILY CHART – SHORT-TERM PULLBACK IN THE OFFING?

NZD/USD daily chart created using Tradingview

The NZD/USD exchange rate looks poised to extend its recent pullback from the yearly high (0.7172) set on December 17, as prices struggle to above the psychologically pivotal 0.7100 mark.

With the RSI dipping below 60, and the slope of the MACD indicator notably declining, a short-term correction lower could be in the offing. However, with prices tracking above all six moving averages, an extended downside push seems relatively unlikely.

Nevertheless, failing to gain a firm foothold above 0.7150 on a daily close basis could trigger a pullback towards the November high (0.7051), with a break below carving a path to probe support at the December 21 low (0.7002).

Conversely, clearing resistance at the 50% Fibonacci (0.7172) would probably signal the resumption of the primary uptrend and open the door for buyers to drive price towards 0.7300.

USD/CAD DAILY CHART – DESCENDING CHANNEL CAPPING UPSIDE

USD/CAD daily chart created using Tradingview

USD/CAD rates may be gearing up to retest the resistance zone at 1.2930 – 1.2950, as prices carve out a Bull Flag pattern above key support at 1.2800.

A bullish crossover on the MACD indicator, in tandem with the RSI eyeing a push back above its neutral midpoint, hint at swelling bullish momentum.

Nevertheless, pushing back above the 61.8% Fibonacci (1.2880) could open the door for buyers to probe flag resistance at 1.2956. Clearing that probably neutralizes near-term selling pressure and brings the 100-day moving average (1.3097) into the cross hairs.

The bullish pattern’s implied measured move suggesting USD/CAD could climb a further 3% from current levels to probe the 1.2300 mark. On the contrary, sliding back below the December 24 low (1.2813) would likely signal the resumption of the primary downtrend and carve a path for sellers to retest the yearly low (1.2688).

Source: Technical analysis

Share this post

Comments (79)

Leave a Reply

Your email address will not be published. Required fields are marked *

Slot Amerika Slot Arab Slot Asia Slot Belanda Slot China Slot Dubai Slot Eropa Slot Filipina Slot Hongkong Slot Internasional Slot Jepang Slot Kamboja Slot Macau Slot Myanmar Slot Rusia Slot Singapore Slot Taiwan Slot Thailand Slot Vietnam Slot Luar Negeri Slot Server Thailand Slot Server Thailand Slot Zeus Slot PG Soft Bet 200 Slot PG Soft Bet 200 Slot PG Soft Bet 200 Slot PG Soft Bet 200 Slot Starlight Princess Slot Deposit Dana Slot Server Luar Slot Gacor Slot Server Internasional Slot Server Amerika Slot Server Arab Slot Server Asia Slot Server Belanda Slot Server China Slot Server Dubai Slot Server Eropa Slot Server Filipina Slot Server Hongkong Slot Server Jepang Slot Server Kamboja Slot Server Luar Slot Server Macau Slot Server Myanmar Slot Server Rusia Slot Server Taiwan Slot Server Thailand Slot Server Vietnam Slot Server Jepang Slot Server Kamboja Slot Server Luar Slot Server Malaysia Slot Server Myanmar Slot Server Rusia Slot Server Taiwan Slot Server Thailand Slot Server Vietnam Slot Gacor 4d SBOBET88 Slot Demo Slot Server amerika Slot Server asia Slot Server china Slot Server Dubai Slot Server eropa Slot Server filipina Slot Server hongkong Slot Server internasional Slot Server jepang Slot Server kamboja Slot Server Korea Slot Server lebanon Slot Server macau Slot Server malaysia Slot Server monaco Slot Server myanmar Slot Server rusia Slot Server sensasional Slot Server singapore Slot Server taiwan Slot Server thailand Slot Server vietnam Slot Mahjong Ways Slot Mahjong Ways Slot Mahjong Ways Slot Mahjong Ways Slot Gacor Maxwin Casino Online Slot Server amerika Slot Server asia Slot Server china Slot Server eropa Slot Server filipina Slot Server Eropa Slot Server Filipina Slot Server Internasional Slot Server Jepang Slot Server Kamboja Slot Server Luar Slot Server Malaysia Slot Server Myanmar Slot Server Thailand Slot Server Taiwan Slot Server Vietnam Slot Server Rusia Slot Server Singapore Slot Server hongkong Slot Server internasional Slot Server jepang Slot Server kamboja Slot Server Korea Slot Serve Luar Slot Server lebanon Slot Server macau Slot Server malaysia Slot Server monaco Slot Server myanmar Slot Server rusia Slot Server sensasional Slot Server singapore Slot Server taiwan Slot Server thailand Slot Server vietnam Slot Server amerika Slot Server asia Slot Server china Slot Server eropa Slot Server filipina Slot Server hongkong Slot Server internasional Slot Server jepang Slot Server kamboja Slot Server Lebanon Slot Serve Luar Slot Server macau Slot Server malaysia Slot Server myanmar Slot Server Prancis Slot Server rusia Slot Server sensasional Slot Server singapore Slot Server Spain Slot Server taiwan Slot Server thailand Slot Server vietnam Slot Server amerika Slot Server asia Slot Server china Slot Server eropa Slot Server filipina Slot Server hongkong Slot Server internasional Slot Server jepang Slot Server kamboja Slot Server Lebanon Slot Serve Luar Slot Server macau Slot Server malaysia Slot Server myanmar Slot Server Prancis Slot Server rusia Slot Server sensasional Slot Server singapore Slot Server Spain Slot Server taiwan Slot Server thailand Slot Server vietnam Slot Server amerika Slot Server asia Slot Server china Slot Server eropa Slot Server filipina Slot Server hongkong Slot Server internasional Slot Server jepang Slot Server kamboja Slot Server Korea Slot Serve Luar Slot Server lebanon Slot Server macau Slot Server malaysia Slot Server monaco Slot Server myanmar Slot Server rusia Slot Server sensasional Slot Server singapore Slot Server taiwan Slot Server thailand Slot Server vietnam Slot Demo CASINO INDONESIA DEMO SLOT AKUN PRO AMERIKA AKUN PRO ASIA AKUN PRO CHINA AKUN PRO EROPA AKUN PRO FILIPINA AKUN PRO HONGKONG AKUN PRO JEPANG AKUN PRO KAMBOJA AKUN PRO KOREA AKUN PRO LEBANON AKUN PRO MACAU AKUN PRO MALAYSIA AKUN PRO MONACO AKUN PRO MYANMAR AKUN PRO RUSIA AKUN PRO SINGAPORE AKUN PRO TAIWAN AKUN PRO THAILAND AKUN PRO VIETNAM LINK SERVER INTERNASIONAL LINK SERVER LUAR LINK SERVER SENSASIONAL LINK SERVER INTERNASIONAL LINK SERVER LUAR LINK SERVER SENSASIONAL SLOT SERVER AMERIKA SLOT SERVER ASIA SLOT SERVER CHINA SLOT SERVER EROPA SLOT SERVER FILIPINA SLOT SERVER HONGKONG SLOT SERVER JEPANG SLOT SERVER KAMBOJA SLOT SERVER KOREA SLOT SERVER LEBANON SLOT SERVER MALAYSIA SLOT SERVER MESIR SLOT SERVER MONACO SLOT SERVER MYANMAR SLOT SERVER RUSIA SLOT SERVER SINGAPORE SLOT SERVER TAIWAN SLOT SERVER THAILAND SLOT SERVER VIETNAM Slot Server amerika Slot Server asia Slot Server china Slot Server eropa Slot Server filipina Slot Server hongkong Slot Server internasional Slot Server jepang Slot Server kamboja Slot Server Korea Slot Serve Luar Slot Server lebanon Slot Server macau Slot Server malaysia Slot Server monaco Slot Server myanmar Slot Server rusia Slot Server sensasional Slot Server singapore Slot Server taiwan Slot Server thailand Slot Server vietnam Akun Pro amerika Akun Pro china Akun Pro eropa Akun Pro filipina Akun Pro hongkong Akun Pro jepang Akun Pro kamboja Akun Pro Korea Akun Pro lebanon Akun Pro macau Akun Pro malaysia Akun Pro monaco Akun Pro myanmar Akun Pro rusia Akun Pro singapore Akun Pro taiwan Akun Pro thailand Akun Pro vietnam Link Server Asia Link Server Internasional Link Server Luar Link Server Vietnam BUJANGJP Bujangjp Bujangjp Slot Server amerika Slot Server asia Slot Server Brunei Slot Server china Slot Server eropa Slot Server filipina Slot Server hongkong Slot Server internasional Slot Server jepang Slot Server kamboja Slot Server Korea Slot Server Luar Slot Server malaysia Slot Server Myanmar Slot Server Rusia Slot Server sensasional Slot Server singapore Slot Server spain Slot Server taiwan Slot Server thailand Slot Server vietnam Sabung Ayam Online Slot Server amerika Slot Server asia Slot Server Australia Slot Server Brunei Slot Server china Slot Server Dubai Slot Server eropa Slot Server filipina Slot Server Hongkong Slot Server India Slot Server internasional Slot Server jepang Slot Server kamboja Slot Server Korea Slot Server macau Slot Server malaysia Slot Server Myanmar Slot Server singapore Slot Server taiwan Slot Server thailand Slot Server vietnam Akun Pro amerika Akun Pro china Akun Pro eropa Akun Pro filipina Akun Pro hongkong Akun Pro Inggris Akun Pro jepang Akun Pro kamboja Akun Pro Korea Akun Pro lebanon Akun Pro macau Akun Pro malaysia Akun Pro monaco Akun Pro myanmar Akun Pro Prancis Akun Pro rusia Akun Pro singapore Akun Pro taiwan Akun Pro thailand Akun Pro vietnam Link Server Asia Link Server Internasional Link Server Luar Link Server Vietnam Sabung Ayam Online Slot Server Kamboja Slot Demo Pragmatic Slot Server amerika Slot Server asia Slot Server china Slot Server eropa Slot Server filipina Slot Server hongkong Slot Server internasional Slot Server jepang Slot Server kamboja Slot Server Luar Slot Server malaysia Slot Server Myanmar Slot Server Prancis Slot Server Rusia Slot Server singapore Slot Server sensasional Slot Server taiwan Slot Server thailand Slot Server vietnam Akun Pro amerika Akun Pro china Akun Pro eropa Akun Pro filipina Akun Pro hongkong Akun Pro jepang Akun Pro kamboja Akun Pro Korea Akun Pro lebanon Akun Pro macau Akun Pro malaysia Akun Pro monaco Akun Pro myanmar Akun Pro rusia Akun Pro singapore Akun Pro taiwan Akun Pro thailand Akun Pro vietnam Link Server Asia Link Server Internasional Link Server Luar Link Server Sensasional akun pro thailand akun pro amerika akun pro arab akun pro china akun pro dubai akun pro filipina akun pro hongkong akun pro internasional akun pro jepang akun pro kamboja akun pro korea akun pro macau akun pro myanmar akun pro rusia akun pro singapore akun pro taiwan akun pro vietnam akun pro asia akun pro luar negeri akun pro amerika akun pro arab akun pro asia akun pro china akun pro dubai akun pro eropa akun pro filipina akun pro hongkong akun pro internasional akun pro jepang akun pro kamboja akun pro korea akun pro macau akun pro myanmar akun pro rusia akun pro singapore akun pro taiwan akun pro thailand akun pro vietnam akun pro luar negeri slot server thailand slot server amerika slot server arab slot server asia slot server china slot server eropa slot server filipina slot server hongkong slot server jepang slot server kamboja slot server internasional slot server korea slot server macau slot server myanmar slot server rusia slot server singapore slot server taiwan slot server vietnam slot server luar negeri slot thailand slot amerika slot arab slot asia slot china slot dubai slot eropa slot filipina slot hongkong slot internasional slot jepang slot kamboja slot korea slot luar negeri slot macau slot myanmar slot rusia slot singapore slot taiwan slot vietnam akun pro dubai akun pro amerika akun pro arab akun pro asia akun pro belanda akun pro china akun pro eropa akun pro filipina akun pro hongkong akun pro internasional akun pro jepang akun pro kamboja akun pro korea akun pro macau akun pro myanmar akun pro rusia akun pro singapore akun pro taiwan akun pro thailand akun pro vietnam akun pro luar negeri akun pro thailand akun pro amerika akun pro arab akun pro asia akun pro china akun pro dubai akun pro eropa akun pro filipina akun pro hongkong akun pro internasional akun pro jepang akun pro kamboja akun pro korea akun pro macau akun pro myanmar akun pro rusia akun pro singapore akun pro taiwan akun pro vietnam akun pro luar negeri

User Agreement

Day Finance is an educational site and a platform for exchanging Forex information. All information contained on this web site is a personal opinion or belief of the author. None of these data is a recommendation or financial advice in any sense.
Terms And Conditions