We should see uprise in price till 106.755 then price should fall till my first tp level 105.670
Last week we broke through the downtrend and price continued to retest trendline. We are at the moment done with the consolidation of usdcad. We are hoping to see some Bearish movement. Confirmed sell, Look for an opportunity when market opens.
Head and shoulder, Complete. Price Broke trendline, and continued down Confirm Sell to first purple resistance.
Looking at Nzdusd. We previously see price create a double top and broke the neck line region of 0.66598 currently we see price found support at 0.66056 and is now retesting the broken neck line I’ll be looking to sell this pair when price comes into the 0.66598 region
Looking at usdjpy we’ve seen price being rejected at the 108.660 key level. I’ll be looking for a pull back to give us a touch of the ascending trend line before we see bullish movements on this pair.
Looking at Usdchf. We’ve had a third touch of the descending trend line and a touch of the 0.99200 resistance level. I’ll be expecting a bearish pull back to give us a third touch of our CTL before we look for bullish movements.
Chfjpy has broken a key support level of 109.530 and we’ve currently seen price retest this broken level. However we have a strong ascending CTL support which I expect price to break and head further down. Bias on this pair is bearish
Looking at Usdcad we’ve been bearish for a while now. However I’m expecting the bulls to kick in this week. We’ve seen a break to the up side and a retest on the CTL. Also price is currently sitting at a support level of 1.30699 I’ll be expecting bullish movements from the level.
Looking at Eurusd we can see price closed below the ascending trend line. We’ll be looking for more bearish movement on this pair. Watch out for a pull back up to the 1.2800 region and a rejection of that zone to confirm our bearish bias.