For a while now, GBPJPY has been on a down trend taking out lows and creating new lows. However, i see signs of exhaustion on this pair, but i am convince GBPJPY is still going to see lower levels before finding a strong support and then start to head back up to 146.150. Currently am looking at the 1 H time frame on this pair for a break below the trend line which...
From last week price movement, USDCAD was on an uptrend at the start of the week. Now, right after monday's close i knew that USDCAD was pretty much going to consolidate for a while and then drop which has happened just as i anticipated. USDCAD has now find confluence in the mid 1.3100's and it's now preparing to go higher even taking out the previous high. I do...
From last week's daily close, we can see clearly that a new higher low has just recently been formed on the daily and even on the 4 H chart. On the daily and 4 H, an ABCD pattern to the upside is in play. Now, before we can get to out targeted level i do expect price to break the 1.31538 monthly resistance before going higher although i am expecting to see a...
