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Selloff

USDCAD is 1.38 going to be the reversal level!?! HUGE DOWNSIDEHave been watching very carefully around this resistance of 1.38 on USDCAD to see how price reacts. We have now had multiple rejections and another (FAKE?) push through followed by price quickly selling back off... we sometimes see these fake moves (breaking through levels) to catch the early sellers before the big moves happen... is this the situation with USDCAD?? I believe we have some downside coming, so like I explained I've got my eyes on a zone where if price fails it once more ill be opening a short for potentially a big move to the downside.
Short
by jamison_fx
1
VIX and SP500 200 MA risk (PART-1)This weekend Bloomberg LP write “The #nyse Composite Index, which includes US stocks, depositary receipts and #realestate investment trusts, has broken multiple technical support levels including its 200-week moving average, the 14,000 mark. Now, accumulated losses could force #funds to sell more assets to raise cash, accelerating the selloff“ Well, #sp500 is testing 200-week moving average. This break has already occurred in the past, 1 in 2007 and then 2020 in the covid crisis, on both occasions a very similar event was repeated in the VIX index, in both cases when a break in the area above 30 points was consolidated, After several failed attacks, a rapid increase was observed that took the #vix from 30 to 80 points in 2008 and from 30 to 60 points in 2020. I know that it is hard for many portfolios this time, and that is why, I recommend buying VIX CALL options before this eventual scenario. Good luck to all!! Coming soon the second part. Where I will show the future BUY opportunity for the stock market TVC:VIX CME_MINI:ES1! SP:SPX CAPITALCOM:US30 OANDA:SPX500USD AMEX:SPY
CME_MINI:ES1!Short
by gtindicators
USJPY SELL OFF!! TRADE IDEAPrice has made a few rejections from this resistance area of 145.000 already so I'm looking for a reaction to this area once again. If we see this push down first targets would be 141.970, if looking at taking this trade please remember the overall long term direction is still to the upside so it has every possibility to as long continue higher.. make sure you are been smart with entry area and stop loss as well as waiting for the right confirmation.
Short
by jamison_fx