The Loonie remains anchored around 1.2800 with one eye on crude prices and the other on the upcoming Canadian labour report which could push up price. And as for the dollar it could purely be a case of consolidation ahead of the monthly BLS update, but also a function of external factors and perhaps some technical impulses given the fact that the DXY failed to...
Price hasn't hit this low since '14. I'm taking my chances on this one. On the weekly I think I see a BAT pattern as well. Price is way oversold at this point. I'm going to ride the RSI to the top of the weekly using a small lot size. This is a long term hold for me. I'm getting comfortable. See you next year.
Hello, Traders! USD-JPY reached local support And I expect the pair to go Up from it To retest the nearest resistance level It might go higher, to the falling resistance line, But the safe target is the one on the chart Local long. Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Looking to place some buy positions at the current daily demand. expecting this pair to continue its bullish run and break the weekly/monthly supply levels.
With the support level at 20 and head and shoulders bottom, I think we will see the range of 28-30 next month. The 0.702 retracement level is very important.
Following our previous analysion on EURJPY we have now even more bullish clues. The price has formed a nice double bottom with higher low and just broken above a bullish flag pattern. Now the area between the neckline and broken resistance of a flag serves as a local demand zone. From that bullish continuation will be expected. Goals: 123.92 124.4
Hello, Traders! USD-CHF was falling from very strong resistance Just as I predicted! Now, however,the pair is on the support confluence Of the horizontal level and falling support Once the confluence was reached the pair reacted positively And we are seeing a consolidation I expect the bulls to push higher And lead Swiss Franc to retest the resistance...
EURJPY formed a nice dodji candle testing 618 retracement of the last bullish impulse. With a consequent bullish engulfing candle chances are high that we will see a pullback! Goals: 123.5 123.8
nice set up at 38.20 fib level with confluence, going long
EURAUD good bullish pattern with inverted head and shoulder formation
EURNZD waiting for a re-test at liquidity zone with a great change for a long position
EURCHF long bias for me, broke resistance and aiming to retest soon support at 50% fib lev
AUDCAD long position, i was expecting a bearish pattern last week, but i was wrong lol
EURCAD ready to bounce up after a period of consolidation, promising trade with high RRR
CHFJPY broke resistance and bounce back, good potential trade