The pair show bearish trend with the target price of 1.39230 before can see higher correction.
The pair is bearish to retest the previous low and if it rebound we may have the bullish scenario
The pair is trending bearish with target area of 140.950 /138.600 before we can see the bullish scenario.
My bias on this pair was bullish before imposition of tariffs by China to the US. The chart structure changed to bearish within that " bearish wedge".
I am expecting USDCAD to fall further towards the 1.39100 area before we see bullish trend .
ZAR had weakened up yesterday after unfavorable VAT increase budget adoption by SA Parliament. we may see temporary deeper correction towards 1780 area , whilst the overall R20/Usd is the bigger picture on the bull market.
Gold has been growing since the jittery in the market , from the price action , it has to to correct. The good area to look for bearish correction is 3170 area with target area of 3050
We may see further fall on Nas100 towards 18400 level before the bullish correction happen
ETH reached critical price level for possible bullish pattern. the price level pose high risk for compulsive buyer with possible spike out. Trade with care.
the price moved up due to fundamentals (Tarrifs) and overall the chart structure shows bearish wave.
The pair is hanging over the trendline and may grow from there .
The trend is pushing to the down side in response to the auto tariffs imposed and my go further down
The pair has broken out of the descending wedge and and may retest the 148.300 level trendline with possibility of rebound toward the upside with target aim of 159.500
Looking at the chart structure , the price may move towards 165.200 before we see the deeper correction towards 1.50400 area.
From the chart , i have circulated strong support and resistance area. The price action shows possible downwards trend towards 1.27100 before we can see corrective bullish movement.
This is likely to fall further towards the 21200 price level
Possible bearish set up on GBPUSD towards 1.25300. Trade carefully!!!!
The pair will push up towards the previous high before the fall towards 152.600