Here is my analysis on EURCAD @1h we having buyers breaking above the resisting trendline of the bullish continuation/ flag pattern giving us the 1,2 wave looking to go bullish
The EUR/USD continued to recover from multi-year lows and peaked at 1.0199, the highest level in three weeks. A weaker US dollar and risk appetite boosted the pair on Monday.
COPPER price yet again about to raise massively as we are currently in a corrective wave technically looking out for an impulsive move to $5.03/ lb as price rejected from $3.14/ lb ( (1.618 Fib) and now price is playing above (0.5 Fib)
Oil Prices Rise as the Dollar Weakens, Oil prices moved higher early on Monday as the dollar continued its retreat from 20-year highs even as demand concerns continue to weigh. TECHNICAL OUTLOOK US OIL starts the week with a strong bullish candle pushing the oil price to US$89.13 per barrel as it strongly...
AUDCAD market broke above my resisting trendline we an see buyers strong sitting above, anticipating for more buying opportunity as well as a change in trend.
The AUD/USD pair catches some bids for the successive straight day on Monday and builds on last week's bounce from sub-0.6700 levels or the lowest since July 14.
The USD/CAD pair meets with a fresh supply following an early uptick to the 1.3040 area and turns lower for the fourth successive day on Monday. 07-09-2022
USD/JPY struggles to capitalize on its intraday positive move to the 143.50 area. The ongoing USD slide to a fresh monthly low and acts as a headwind for the pair. A combination of factors could undermine the safe-haven JPY and offer support 08-09-2022 USDJPY 07-09-2022 USDJPY
EURGBP we can see a break below the range 0.8661, seller jumping in with a strong momentum
EURAUD we can see the market respecting the corrective wave [C} breaking below the supporting trendline, anticipating to see more selling opportunities to the downside.
GBPUSD am aiming to see a corrective move before seeing another impulsive move between 0.618 and 0.5 FIB PREV SETUP:https://www.tradingview.com/i/tf652koh/
USD/CAD portrays a three-day downtrend as it renews the weekly low around 1.3050 during Friday’s Asian session. BEFORE SETUP
USD/JPY remains pressured around intraday low near 143.60 during Friday’s Asian session. The yen pair prints the first daily loss in 11 days while extending the mid-week pullback from the 24-year high. SETUP UPDATE FOR YESTERDAYS BEFORE
GBP/USD has gained traction and climbed to the 1.1550 area during the European session on Thursday.
XAU/USD picks up bids to renew intraday high above $1,720 as the US dollar retreats ahead of the key events on Thursday.
USD/JPY came under heavy selling pressure below 144.00 on news that the top Japanese authorities are set to meet on Thursday at 07:45 GMT
USD/CAD renews weekly top around 1.3200 on softer oil, risk-aversion ahead of BOC
Hello traders here is my analysis on USDCHF market just broke below my overall bullish trend confirming with a reversal candlestick @ 0.98290, sellers coming in with a strong momentum as we are likely to see it hit our level. @Timgucci