CADCHF is currently trading at a range, on the weekly time-frame, we can see price started dropping at a strong resistance level, there's a high probability that price will drop down to support.
Weekly: Price is at support and is in confluence with the 61.8 fib zone. Daily: Bullish momentum in motion, tp is at the 50 fib zone
Third bounce on the upward trendline, giving us a strong probability to enter for a long trade.
Late entry on NZDUSD but we can see that a bearish engulfing occurred at resistance level ending the bull run, giving us a high probability to enter short.
!!POTENTIAL SETUP!! DXY was trending on an upward trend line and a breakout and pullback occurred recently, there is a possibility for a bearish continuation.
Price has been bouncing between the descending channel and currently rejected breaking below the downward trend line, price is currently at resistance and signs of bearish moment have dissolved and more bulls will be coming in based on the spinning top/reversal candle. It may be good to wait for confirmation before entering long.
Price made a pullback from the initial break of the upward channel. Price is now currently sitting at resistance and failed to break below the upward channel. The Weekly candle closed as an indecision candle implying a change of direction in the coming weeks The indecision candle is in confluence with the 50 Fibzone. It is highly likely that CADJPY will be...
This is in correlation of my previous analysis on CADJPY on March 2nd , there has been a pullback for second entry this one will be a good trade
Third bounce on the upward trendline, price is also at support
DXY is currently bouncing between an ascending channel and it is now at resistance and bounced for the third time on the ascending channel there is a strong bearish momentum which gives us a high probability to go short, we will be buying EURUSD in correlation of selling DXY. NB: Take note of fundamentals.
AUDUSD Has been stuck between support and resistance since the start of Jan and has not been able to break above it. There is a strong bullish momentum implying a turn in the direction of price.
EURUSD will head up for the third bounce on the trendline and then head short, or it will break to the upside
NZDUSD currently at support, price losing momentum. High probabilty of bulls coming in
Continuation or break of the downward trendline
Descending chanell, price at resistance and rejected breaking above the downward trend line, bears coming in