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CWG and Trading Central launched The Analyst Views is the world’s only financial market research solution offering the unique and invaluable combination of senior analyst expertise and automated algorithms. Our proprietary pattern recognition is constantly monitoring the market to offer you trading plans based on award-winning methodologies.

AUD/JPYAUD/JPY

20211021 21:43

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AUD/JPY intraday: rebound towards 85.64

84.80 is our pivot point.

Our preference: rebound towards 85.64.

Alternative scenario: the downside breakout of 84.80 would call for 84.49 and 84.31.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 85.22 and 85.56).

Supports and resistances:

86.01 **

85.83 *

85.64 **

85.46

85.09 last

84.92

84.80 **

84.49 *

84.31 **

AUD/NZDAUD/NZD

20211021 21:43

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AUD/NZD intraday: the downside prevails as long as 1.0450 is resistance

Our pivot point stands at 1.0450.

Our preference: the downside prevails as long as 1.0450 is resistance.

Alternative scenario: above 1.0450, look for 1.0470 and 1.0480.

Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.0442 and 1.0440).

Supports and resistances:

1.0480 **

1.0470 *

1.0450 **

1.0440

1.0435 last

1.0410

1.0390 **

1.0380 *

1.0370 **

EUR/CHFEUR/CHF

20211021 21:44

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EUR/CHF intraday: the RSI is oversold

Our pivot point stands at 1.0688.

Our preference: the downside prevails as long as 1.0688 is resistance.

Alternative scenario: the upside breakout of 1.0688, would call for 1.0707 and 1.0718.

Comment: the RSI is trading below 30. This could mean that either the pair is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.0684 and 1.0699).

Supports and resistances:

1.0718 **

1.0707 *

1.0688 **

1.0681

1.0672 last

1.0650

1.0638 **

1.0627 *

1.0616 **

USD/CNHUSD/CNH

20211021 21:44

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USD/CNH intraday: the upside prevails as long as 6.3830 is support

Our pivot point stands at 6.3830.

Our preference: the upside prevails as long as 6.3830 is support.

Alternative scenario: below 6.3830, expect 6.3744 and 6.3693.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 6.3924 and 6.3913).

Supports and resistances:

6.4207 **

6.4155 *

6.4104 **

6.4053

6.3926 last

6.3863

6.3830 **

6.3744 *

6.3693 **

EUR/AUDEUR/AUD

20211021 21:44

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EUR/AUD intraday: the upside prevails as long as 1.5532 is support

Our pivot point is at 1.5532.

Our preference: the upside prevails as long as 1.5532 is support.

Alternative scenario: below 1.5532, expect 1.5496 and 1.5474.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.5551 and 1.5525).

Supports and resistances:

1.5680 **

1.5659 *

1.5637 **

1.5615

1.5568 last

1.5547

1.5532 **

1.5496 *

1.5474 **


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