Wed 30th November 2022

Today, Our Daily Currency Strength Weakness Video will focus on:

  • NZDCHF
  • NZDUSD
  • NZDCAD
  • CADJPY
  • CHFJPY

Charts Provided by Charles Clifton

Daily Analysis By Jon Kibbler

Time To Wait?- Most Pairs At Support/Resistance

In today’s currency strength video we will be looking at multiple currency pairs featured on the tables today. 

The currency pairs we are looking at look to all be heading into key support or resistance levels.

Starting with NZDCAD, the price has breached a long term trendline where buyers of the rally could begin to take profits.

NZDUSD also features on the tables but the price is currently at key resistance and close to the daily 200 moving average. 

The price of CHFJPY has come into support at 145.25 where buyers have stepped in. 

Finally, CADJPY has also come into the key level of 102.00 which could see sellers take profits from short below 104.50.

Technical Observations

  • The NZD is S1 on both traders tables and the CAD is W1on both trend tables.
  • Price has traded through a higher time frame trendline resistance.
  • This could be an ideal for buyers long from the lows of 0.7700 to begin to take profits.
  • The price may trade back within the trendline forming a false breakout. 

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