IMEXTRADER

IMEXTRADER

EUR/CHF formed an inverted head and shoulder pattern and broke out of its neckline in the 4-hour timeframe. It then retracted back and is currently taking support at the neckline. Hence we expect the pair to rally and move to the resistance 1.14879

IMEXTRADER

GOLD in the monthly chart presents a beginning of a downward trend. In this region begins to enter selling force pushing the lowest price.

IMEXTRADER

GBP/CAD is currently in an expanding triangle formation in the daily chart. It is at is resistive trend line and facing rejections. Hence we expect the pair to witness a pullback from here.