USDCAD testing alot of support and resistance zones, expect it to reach by third trenline before being rejected back down, -Pauric.
examining this pair i have came to the conclusion that it will make its way up the price of 150 and test the zone before being rejected and making its ways down to 140. -Pauric
through my analysis of btcusd and numerous hours of back testing I can see that btcusd may make its way back up. it has been coming down in recent weeks but there have not been any violent drops in the days past and also a lot of consolidation periods. i would like to think that btcusd will make its way back up slowly over the next few and days and possibly even...
going to have a strong rejection off the trend line where my arrow is and take off towards the green area, my take profit.
Quick Fib analysis of eur/cad, speculating that it will rise into the grey area then fall back down, once it passes .382 line I will place a short trade.
USDCAD in a general up trend, but showing signs that it is losing momentum green rectangle is where I predict it will fall to before consolidating.
GBPUSD will makes its way up the third resistance line before coming back down a re-testing the support.
I'm completely new to this, haven't even set up my trading account yet, but enjoying analysing charts. through my analysis of GBP/CHF I have came to the conclusion that it will shortly spike up and then consolidate for a few days before it will make its way back to down to my bottom trend line, any replies or feedback is greatly appreciated, thank you. -P