As oil price is moving higher , we expect strengthening of Canadian Slightly bearish bias for this pair & But keep in mind of overlying is a strong Uptrend , Get ready for Bullish attack ! You can follow us for more Updated Daily analysis !!
As the yesterday price acrion confirms that buyers coming into the market whether the pinbar or double tweezer on support !! We are on bullish bias for this pair ! You can follow us for more Updated Daily analysis !!
After long move up , price has been retrace in for a time being ; market now is in uptrend , we expect sooner or later up move will overcome soon ! This is just our opinion only !!
As price can't break the resistance we can expect downward movement will come soon Mind your own risk as well !!
With the price reaches decent resistance level ; and trend resistance we expect more bearishness to come in !! Nearest support will be first TP level ** This is just our opinion only and do your risk management as well !!!
Price movement is still not ready for moving higher , so we can expect to see some downward retracement !! Be your own risk management as well !!
We are seeing signs of weakness at this level Bearish bias for this pair
After moving up for a period of time , Price has already reach the strong resistance level around 0.763 region ! With yesterday candle close we can expect more bearish pressure coming in ; This is just our opinion only and do your risk management as well !!!
With the rejection from higher prices , we forsee bearish move will be coming soon TP should be nearest support ; Keep in mind of today NFP , which will have some effects on this pair Be your own risk management as well !!
After yesterday FOMC meeting , gold has shown its strength of not moving below the 1478-1480 level ; Tonight we gonna have a Non-Farm payroll which will have a big impact on Gold prices , so pay attention if you have any long or short positions : From our opinion , we are on cautiously bullish side !! Mind your own risk as well !!
Yesterday candle close means price couldn’t break above Resistance zone !! With the weakening of USD , We are slightly on Bearish Bias for this pair !! Keep in mind of your own risk as well !!