Trading Signal: There is a Trading Signal to Buy in USDCAD Currency Pair. Traders can open their Buy Trades NOW ⬆️Buy on 1.2031 or Buy on downtrend breakout ⭕️SL @ 1.1964 🔵TP1 @ 1.214 🔵TP2 @ 1.2262 🔵TP3 @ 1.246 If you liked our ideas, please support us with your likes 👍 and comments .
Further to our previous idea : Further to our previous Tradingview posts, the World's exchange currency, the mighty Greenback is under support and could potentially freefall. Again, some hawkish statement from the Federal Reserve will be needed to save the day. Some indication of an upcoming rate hike might do the job...or it might not. Until such an event...
Further to our previous Tradingview posts, the World's exchange currency, the mighty Greenback is under support and could potentially freefall. Again, some hawkish statement from the Federal Reserve will be needed to save the day. Some indication of an upcoming rate hike might do the job...or it might not. Until such an event happens (Feds commenting or deciding...
It's a tricky currency Loonie. (USDCAD) Technical aspects: For now we are range bound and we must respect that. Pattern: Triangle formation, a break to either direction for further confirmation. Support: 1.20080 - 1.19005 Resistance: 1.21080 - 1.22000 Trade Journal (Just a trade idea, not a recommendation)
EURUSD is Breaking its Triple Top at 1.2185. While Above 1.2185, EURUSD would target 1.2290. But, Failing Above 1.2185 and break below (1.2100, its Double Bottom) again, would open the way to retest 1.1990.
GBPUSD H1 has formed Inverse Head & Shoulders pattern after break above 1.4172. The next move would target 1.4234. But, break below 1.4111 would cancel it bullish outlook.
GBPUSD is moving above its MA 100 Monthly (now at 1.4075). While above its MA 100 Monthly then it could go to 1.4376. The STRONGEST RESISTANCE at 1.5018.
The Dollar overall continues to look weak, as shown on my intermediate chart.
Touched the support again. If it breaks under, it could be a long way down.
Hello,Traders! GBP-AUD is retesting a strong resistance level And we are seeing a nice bearish reaction Following the moment level was touched One might notice that the pair is trading in a bearish wedge pattern From where I am expecting a breakout and a bearish move Towards the nearest horizontal level of support Sell! Like, comment and subscribe to...
🏛GBP_AUD is trading in a rising channel But has hit a horizontal resistance level While trading in an ascending narrowing bearish wedge Thus, I am expecting a move down from the resistance Once we see a breakout of the wedge With an aim of retesting the support below! SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-NZD is trading between two horizontal levels And now the pair is close to retesting the resistance level After that, I am expecting the pair to go down To retest the lower support level And while the final target is the horizontal support I’d have the target a bit higher Sell! Like, comment and subscribe to boost your trading! See other...
Hello,Traders! EUR-USD is trading in a local uptrend along the rising support line But has hit the horizontal resistance twice establishing a double top Indicating a certain degree weakness, and is now retest the support again I think that,though risky, a long trade is appropriate After all the trend line is not broken Therefore, I am expecting one more retest...
To trade better in market is better to know and understand the 3 Phases of the market 1) The push phase or Impulse.... This phase is when price continues moving in the direction of a current trend 2) The exhaustion phase or Correction This phase is when price start pulling back in the opposite direction of current trend... 3) sideways moving This is when price...
We have seen a dollar index struggle to go up due to dovish decision, the marked zone is a decisive zone for US economy as we see more sideway moves around that zone There are some improvement in US economy but nit enough to push it up higher against other pairs. we may see some up moves this week due to decreasing covis19 cases.