Retracement is approaching to the 0.618 Fib in the daily chart, great opportunity to go long.
NZDUSD is currently the 61.8 Fib retracement on the daily time frame, great opportunity to go short.
Previous resistance becomes support and 0.618 fib has been tested on the daily time frame. great opportunity to stay long on EURCAD.
EURUSD is at resistance in the daily time frame, great opportunity to go short.
Retracement to the 0.618 Fib on the daily chart most likely to be tested, great opportunity to go short
Retracement to the 0.618 Fib on the daily chart most likely to be tested, great opportunity to go short
Buy setup in the 1hr time frame using the Elliot Wave Theory
Nice Head and shoulder has formed on the daily chart, nice swing opportunity.
Using the Daily chart trend, I'm expecting a strong sell on EURCAD.
USDCAD buy setup in the 1hr time frame using the Elliott Wave Theory
USDJPY has been risen for the last 3 trading days and Daily downtrend line was broken, I'm expecting USDJPY to continue with the uptrend to retest the next resistance at 114.40. And from there will look for continuation of the uptrend if ever brake the resistance.
USDCAD buy entry had triggered early than expected, ADR LOW was tested last night and currently, price is above that level. Despite oil price going up, I still believe that Market has to respect all levels and that USDCAD will start the bullish trend by the end of this week or beginning of next week.
Selling opportunity on USDJPY using the Elliott Wave theory in the 1hr time frame
USDCAD sell opportunity on the 1 hr time frame Using the Elliott Wave Theory.
Quick buy on USDJPY using the Elliott Wave Theory in the 1 hour time frame
USDMXN broke the dwontrenline and has been going up for sometimes now, and 800EMA was broken as well in the 4hr time frame, I'm expecting USDMXN to continue with the uptrend and test the resistance at 19.24685.
EURUSD had formed a double top in the 4hr chart and had also broke the daily uptrendline. I'm expecting for EURUSD to retrace all the way down to the 800 EMA in the 4hr chart.
Usdcad had tested the monthly trendline, a doji candle was formed last month which for me is a confirmation for the end of the downtrend. I'm expecting USDCAD to go back up and retest the High at 1.3780 from last April. Nice swing opportunity.