USDCAD

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Bullish trend on USDCAD for now doesn’t look to be in danger as long as price stays above Senkou Span B on H4 chart 1,4097. The question is whether we will see small or high correction. Today we wait for test of Tenkan-sen 1.4282 support and then continuation of gains to (8/8)P 1.4404. If support will be break it will be a sign of correction to Kijun-sen 1.4221.

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AUDUSD

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Yesterday sell signal was generated on AUDUSD. Aussie broke Tenkan-sen support and today together with Kijun-sen it create resistance area (0.6983-0.6992). Next support level is set by (1/8)P 0.6897 line. Close of the H4 candle above Kijun-sen will mean going into side trend.

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NZDUSD

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Similar situation on NZDUSD. However here important resistance is set only by Tenkan-sen 0.6530 which covers (3/8)P line. This line differs side trend from bearish in Murrey system and price staying below this level is a condition of keeping sentiment on Kiwi. So far NZDUSD reached one line below after which there was often short term consolidation. Next support is set by (1/8)P 0.6409.

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