USD/CAD
USD/CAD is like a “Humpty-Dumpty” – every fall to Kiju-sen support is used by investors for additional purchase. Today Loonie once again finds itself above Tenkan-sen 1.3222 and generates buy signal. Nearest support levels 1.3306 and 1.3247. This signal is valid till USD/CAD is above Kijun-sen 1.3152.
EUR/JPY
Correction stopped today in the important support zone 135.61-135.91. Kijun-sen and Senkou Span B act like a lower limit – the upper one is (3/8)P line and the cloud. Chikou Span approached resistance. Selling signal will be generated after fall below Tenkan-sen 134.34 with potential target near 131.25. Breaking above resistance may indicate change of the trend (to sideway one).
EUR/AUD
Euro to Australian dollar found itself above Tenkan-sen 1.5884 – currency pair stays inside sideway trend. Proper signal may be generated after defeating the resistance (+1/8)P 1.6113, then EUR/AUD should approach another Murrey line (1.6601). In other way we will see another re-test of Kijun-sen support at 1.5675.