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Chartbychart

USDCHF BUY Hi All, Following on from my previous analysis on this pair, with price retracing a good 50% of the long pips, we are now in the position to open our new long term positions on this pair, with a swing anticipation in mind. I tend to use CHFJPY to follow the flow of price action on this pair, as we are now in a top of the range on CHFJPY and my forecast for a bearish movement in the coming days- months- years , we should bank on taking on a long position on this pair . Remember we need Dollar strength for both scenario to be successful. Previous analysis for your ref! . Many Thanks
Long
by creamygem
USDCAD BUY Hi All, As you are aware last week we closed our buy position on this pair was we saw some bearish pressure affecting the dollar from a fundamental point of view. This week it seems like we should find some support on the dollar with bullish momentum for a short while. Technically price has failed to move lower which gives us a possible short term buy entry. You should be less aggressive with this until price breaks the 1.26-27 comfortably. Entry and sl marked. Many Thanks
Long
by creamygem