The GBPNZD chart is in an overall uptrend and has now retraced to the 0.618 fibonacci level from the last upward move. The price should now head up to the next target. Hence, the trade would be executed as follows: GBPNZD BUY: 2.00250 SL: 1.98500 TP1: 2.02500 TP2: 2.05000
The GBPCAD chart has rejected a strong resistance level and is heading back down. Furthermore, it is currently in a downtrend forming continuously lower highs and lows. Hence, the trade would be executed as follows: GBPCAD SELL: 1.74150 SL: 1.74700 TP1: 1.73375 TP2: 1.72500
The GBPCHF chart has bounced off a support level and is expected to move further up. Hence, the trade would be executed as follows: GBPCHF BUY: 1.19000 SL: 1.18500 TP1: 1.19500 TP2: 1.20000
The NZDUSD chart is currently in a trend reversal and is heading to some bears. Furthermore, the recording of new COVID-19 infections in New Zealand, after around 120 days without any reported case, leads to the weakening of NZD pairs. Hence, the trade would be executed as follows: NZDUSD SELL: 0.65800 SL: 0.66300 TP1: 0.65300 TP2: 0.64800
The NZDJPY chart has been bouncing off a resistance line for quite some time now, and there is still no sign of trend reversal with the formation of lower highs and lower lows at every rebound. We expect another downward move from this pair. Hence, the trade would be executed as follows: NZDJPY SELL: 70.000 SL: 73.000 TP1: 65.000 TP2: 60.000
The GBPCAD chart is currently in a downtrend, and with the pullback done, we should expect more downside movement. Hence, the trade would be executed as follows: GBPCAD SELL: 1.74300 SL: 1.75400 TP1: 1.73300 TP2: 1.72300
The EURCAD chart has created a massive head and shoulders pattern, which indicates a major trend reversal. Now that the price has broken the neckline, it is a matter of time till we see some drastic downside movement. Hence, the trade would be executed as follows: EURCAD SELL: 1.56600 SL: 1.57100 TP1: 1.55850 TP2: 1.55100
The EURUSD chart has bounced off the support line it is tracing. This comes as a result of the ongoing weakening of the USD, which is likely to continue in the upcoming week. Hence, the trade would be executed as follows: EURUSD BUY: 1.17800 SL: 1.17300 TP1: 1.18300 TP2: 1.18800
The GBPAUD chart is an uptrend move and will likely continue the momentum with the strengthening of the GBP pairs. The price performed a false break-out of the support line, only to regain it quickly. Hence, the trade would be executed as follows: GBPAUD BUY: 1.82500 SL: 1.82000 TP1: 1.83000 TP2: 1.83500
The EURUSD is in an ascending trend, and is likely to continue with the weakening of the USD. Hence, the trade would be executed as follows: EURUSD BUY: 1.18100 SL: 1.17600 TP1: 1.18600 TP2: 1.19100
We're still confident about the upward movement of the pair, we go at it again. Hence, the trade would be executed as follows: GBPNZD BUY: 1.77150 SL: 1.77550 TP1: 1.77750 TP2: 1.78350
The GBPNZD chart is an a bullish trend at the moment, and we should expect further upward movement. If we zoom in on the H1 chart, we can notice the formation of a flag pattern, which is a continuation pattern. Hence, the trade would be executed as follows: GBPNZD BUY: 1.97600 SL: 1.96800 TP1: 1.98100 TP2: 1.98600
The EURGBP is currently bouncing off an ascending support line and indicates some bullish movement. Furthermore, GBP pairs are expected to weaken. Hence, the trade would be executed as follows: EURGBP BUY: 0.90000 SL: 0.89500 TP1: 0.90500 TP2: 0.91000
The USDCHF chart has recently broken a resistance level at around 0.91800 and is now retesting it. We expect a rejection of the now support level and an upward move. Hence, the trade would be executed as follows: USDCHF BUY: 0.91800 SL: 0.91300 TP1: 0.92300 TP2: 0.92800
The GBPUSD chart has bounced off a major resistance level and is starting to create lower highs and lower lows. Thus, we're looking at a switch of trend: a downward one. Hence, the trade would be executed as follows: GBPUSD SELL: 1.30800 SL: 1.31300 TP1: 1.30300 TP2: 1.29800
The EURAUD has formed a bullish pennant on the hourly chart. This is a continuation pattern which indicates more upward movement, as the price is an a bullish trend. Hence, the trade would be executed as follows: EURAUD BUY: 1.64900 SL: 1.64400 TP1: 1.65400 TP2: 1.65900
The AUDUSD chart is driven by a strong bullish momentum, which isn't slowing down. The price once again bounced off a trend line and should respect the upward movement. Furthermore, the USD is still weakening due to COVID-19 outbreak in the US and there are no indicators for any recovery yet. Hence, the trade would be executed as follows: AUDUSD BUY: 0.71400 SL:...
The GBPCAD chart previously broke a strong resistance level, and is now retesting it before potentially proceeding to a major uptrend. The price should shortly bounce off the new support level. Hence, the trade would be executed as follows: GBPCAD BUY: 1.72000 SL: 1.71500 TP1: 1.72500 TP2: 1.73000