AUDUSD has formed and ascending wedge. I am waiting for a breakout and then I will place a long position.
We still have a downtrend on 1H chart. The price is at the trend line and is expected to keep going down.
It looks like it will be going down. Let me know what you think in the comments.
USDCAD is in an uptrend since July 30th. At this moment it is testing the resistance at 1.2579. On the 2, 3 and 4h charts we can see the oversold conditions, so I believe it will pullback at least to the trend line (50pips).
Bearish Divergence. It should go down. Let mw know you thoughts in the comments.