Minors Daily Forecast May 11 2015

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Minors - 956854 (1)

AUDUSD: As long as 0.7765 support holds on a daily closing basis, outlook in AUDUSD remains neutral with risk towards the 0.7800 levels, a break will restore the upside momentum and open the 0.8075/0.8130 levels, below 0.7765 will pave the way towards the 0.7672/0.7532 levels..

Minors Daily Forecast May 11 2015_AUDUSD

USDCAD: Outlook in USDCAD has turned neutral with risk to the downside, support comes at the 1.1943 levels while resistance comes at the 1.2132 levels. Sustained breakout above the 1.2132 levels will open the 1.2280 levels and possible 1.1.2445 levels, below the 1.1943 levels will resume the down move towards the 1.1800/1.1700 levels… (Note that double bottom could be in sight)…

Minors Daily Forecast May 11 2015_USDCAD

NZDUSD: As long as 0.7458/0.7504 resistance holds on a daily closing basis , outlook in NZDUSD remains on the downside towards the  0.7440/0.7360 levels ahead of the 0.7300 levels, sustained breakout above the 0.7504 levels will bring recovery towards the 0.7576/0.0.7625 levels before the next fall…

Minors Daily Forecast May 11 2015_NZDUSD

 

MARKET DATA

UPCOMING ECONOMIC EVENTS

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