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Technical analysis 11.10.2016

11 October 2016

USD/CAD

The Canadian data at 15:15 (Moscow) are expected to be better than the previous ones. New houses construction (September). On waiting for that, we are expecting CAD to strengthen slightly.

Sell from a price of 1.3230, stop – 1.3290, take profit – 1.3143.

 

AUD/JPY

The expected minor increase in the price, the previous days and consolidation give reasons for selling AUD/JPY to the nearest support level of 77.30.

Sell from a price of 78.38, stop – 79.00, take profit – 77.30.

 

CAD/JPY

Following yesterday's growth the correction in the move is expected. Sell from a price of 78.59, stop – 79.52, take profit – 77.42.