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EURUSD weekly candle closed extremely bullish, closing above the resistance and breaking the descending channel formed since September 2018. During the week we may see the EUR retracing slightly to the grey zone, for then to form another leg to the upside.

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The price is likely to find a strong buying interest in the current zone. Let's analyze the behavior of the metal during the week!

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GBP/CAD rates have fallen during Friday morning’s trading. Therefore, Sterling’s positive spike from earlier this week may be cooling. My projection is that the pair will fall sharply next week, as we are in the top of an ascending channel that has being a key guidance for the movement of this pair during the last couple of months. Price action shows that the...

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The pair shows a clear rebound pattern. The last two days we saw daily bullish candles and now the bulls are finally in! We can expect a spike of approximately 80-100 pips in the next couple of hours.

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We can observe the pair testing key areas. We must take into account the strengthening of the dollar this week thanks to a "relief" in the China-US negotiations and a significant drop in China's GDP. It is observed that this psychological level has been a point of rebound for the pair numerous times in the past.

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EURCAD near key levels for a potential reversal

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One more drop in the following day for then reaching a new high.

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we may be looking at a potential uptrend as we are reaching a key daily support.

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EURCAD in key level for another drop

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find a better entry point for a perfect sale

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AUDCAD reaching key daily resistance levels. As the AUD is still week, we expect a downtrend in the next couple of hours. Candle patterns rejecting the zone as well.

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This pair is recovering after a hard crash, we can see a uptrend in the following 3 to 4 days. After testing again the resistance, a sell limit is the best option.

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EURNZD reaching the resistance of a vertical ascending channel, we expect a little pullback.

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GBPJPY very possible bounce at the support highlighted, an uptrend expected to last a few days.

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AUDNZD possible bounce from a strong resistance in 4h timeframe.

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We can expect a small pullback this week as the pair is at a 4h support zone.

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The pair is rejecting a major 4h resistance as well as creating a bearish price action candle, it also reacted to the standarddesv of Bollinger Bands

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Accurate entry point for a buy that may have a duration of 2 days. It is bouncing from the support and it is respecting the bollinger band std.desv.