The forecast from the company ForexMart (ForeksMart)
Forecast EUR / AUD February 28
Currency, the euro / Australian dollar for a second day trades to increase, rebounding from the resistance line 1.3700. Cross grows on the weakening of the US dollar against the single European currency, and almost zero dynamics in pair AUD / USD .. Yesterday the pair tried to break through the line of the bearish trend, however, is soon likely waiting for retest 1.3700 which would open the way to a further decrease. After the signal of the end of the correction phase, you can look at the sales, but if the pair consolidates at the end of the day above 1.3800 - it would mean leaving in lateral movement.
Forecast USD / CAD at 28 February
The pair continues to test the upper boundary of the dense Ichimoku Cloud, which suggests the possibility of further upward movement. However, the signal to buy the Canadian dollar has not happened. In the near future is likely to expect another test of Ichimoku Kinko Hyo, and increase the tool above the 1.3200 area. Opposition option could be a drop in prices Canadian below 1.3065, the breakdown of cloud Ishimoku and continued decline. Buy the pair USD / CAD should be only after strong signal of purchase due to the intersection of the signal lines.
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