Extremely over bought. EURUSD Approaching key supply zones. OANDA:EURUSD
FX:USDCAD Potential inverted shoulder forming on USDCAD. Right sholder &leg in formation. Looks like $1.42 is on the way. However price may reverse downwards
TVC:USOIL After bottom reached USOIL is rising again.Economies opening up after corona pandemic easing and some stability sentiment in oil may push price for longs
FX:EURCAD Potential long opportunity of EURCAD. Pair approaching confluence of horizontal and trend channel offering long opportunities
FX:USDCAD Potential short opportunity on the USDCAD
FX:EURAUD Short EURAUD After significant multi highs the price is in a down trend with no signs of any reversal
FX:EURAUD Short opportunity on EURAUD. Price is trading in a rising channel dating back in 2018 January. Getting ready to fall
Price may retrace before resuming uptrend. Nice opportunity. Goodluck!!
Price is now in bearish territory, might pull back for correction but overall it is now a downtrend. Rising daily wedge is broken.
Overall price is a downtrend. However there is potential retracement to the 1.09 area. Price is currently sitting on a strong resistance that dates back couple of years and on fibo extension. Down trend will resume after retracement to the 1.07 area. Currently EurUsd is extremely oversold. NB On other hand Anything is possible in forex price may continue its...
Inverted head and shoulders showing nice sell opportunity
Potential long opportunity on the AUDNZD. Price might move down to test 1.000 before long-term bullish. Regardless there is potential long opportunity. Kinds of trades that double or triple accounts
Price action showing an ABC move and further dive to the downside to complete the whole structure. However price can go back to the top.
Deep correction taking place can go either way but there is an opportunity for a big move to the downside.
Price action shows one more dip downwards. Break of ascending support could push price lower
Watch price action at play within head and shoulder at resistance. if it breaks resistance on the shoulder. Its a down move. If not one more push to the upside
Swedish krona definitely one of the less manipulated pairs by market makers. Pullback expected and continuation to the down side.
Price is moving to the upside. We can expect a three wave movement. With second movement being a pull back before further upside. Watch price action for shorts. Bulls are exhausted and the pair has been overbought approaching various resistances and 68.2 fibo retracement in the 1.12 area.