usdcad has grown rapidly recently and the rsi occur signal to sell usdcad , which i think it is a good chance, and poeple think they would raise the interest rate, actually it wont till next year. so it should go down for a which after the talk in us. lets see the result what would happen. give a comment if you like.
everything is shows on graph, give a comment or like if you like it.
everything is on my chat, first i forecast that usdcad would go down to 1.296 and back to 1.305 tp(1) then 1.31 tp 2 if it breaks out the trend line going down , at 1.293 we short it , but we better long it in a lower point
Based on 4hours chat mainly, usdjpy hit its resistance line, its on a up trend but it hits couple times before if it cant break through this line , it would frustrate and go down to 123 first.
JUST based on the SMA indicator , i assume GBPUSD is going down for a short time and it has a down trend. the next point would be 1.54667.
For short it might go down to 1.55 (retracment )but in the big picture i guess it is still going up for a while
As i watch the bigger picture i guess EURUSD still have the trend to grow , its time to buy , take profit at around 1.13. and maybe test 1.4633. but i need to take a while to reach that position
good luck. and i am new and i am still practicing, so give me advice please. thank you everyone for watching my idea !