EURUSD has broken support prior to the ECB Bank Lending Survey, which enhances the Eurosystem’s knowledge of financing conditions in the euro area. Technically the pair has broken range support, and done a retest. The RSI now points to downside, and we are targeting the 61.8% fibonacci extension level at 1.15450.
USDCAD has broken the descending trendline prior to the CAD Retail sales data which measures the total receipts of Canadian retail stores. Technically the pair has broken the bearish trendline and the bearish structure. We anticipate upside now into the key resistance zone.
just wait till it hit top of that s an r just sell if it doesnt break through buy etc, and when that head an shoulders pattern formed you know what to dO :DD
This is just an idea, from what we see, trade may go the other way
Started wit a top down analysis, market went down when tapped previous low(Daily), fib on leg is respected(38.2), market did break Trendline but came back in so I re-adjusted it, Weekly and Daily have the potential to form a H&S, as of now we wait for right shoulder, your welcome ;)
Pure Price action, 4h shooting star pin bar momentum changing from the retracement during London Bearish overall pressure from the Daily time frame enter off H1H2 8:25 EST or right at 4h close 4h close brings the momentum and takes it 45 pips in under an hour from H1H2
cypher pattern spotted on gbpjpy , in line with other technical analysis . first and second target dispalyed