MyFxPicks

MyFxPicks

USDCAD reaching a critical resistance. Observe any strong reversal signs around the line. A decisive close above the line invalidates the sell idea.

MyFxPicks

A breakout to the upside is looking increasingly likely. Buyers are stamping up their authority. Watch out for breakout of the pennant and look to buy at re-test.

MyFxPicks

A high-probable opportunity is brewing on GBPAUD. This could be a sell-and-hold trade with high R&R. Trade well and take care.

MyFxPicks

If you missed an entry opportunity for short in USDCAD, hold up .... a second chance is in the works. USDCAD is bearish and the lucrative trendline is offering entry opportunities. Observe price action begaviour around this trendline for confirmation into shorts. Trade well and take care.

MyFxPicks

Could CHJPY find support at this rising trendline? If so, this could be a nice R&R trade. Trade well and take care.

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This trendline is expected to hold and send the pair nosediving!

MyFxPicks

A buy idea is developing shortly on EURUSD. The top part of the demand zone has formed a local higher high, I do expect the bottom part to extend such recently formed high. Trade well and take care.

MyFxPicks

A buy & hold setup. Demand to gain traction in the following days, weeks, and months.

MyFxPicks

USDCAD seems to have reached an end of its temporary bullish retracement. Consequentially, what is to follow is the resumption of the previous dipping. Trade well and take care.

MyFxPicks

EURJPY may look bearish and all, but bulls are still having the upper hand, the uptrend has not still been broken yet. For this reason, bullish bas is still valid for as longs the previous LH has not been violated yet.

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EURUSD is far from bearish at this point. Some highs need resting before we call for any shorts. Strong bullish sentiment still remains. Sellers to remain cautious while buyers to look to add to their positions. Trade well and take care.

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DRD Gold shares are inclined upward, and the move may equal the previous high.

MyFxPicks

CADJPY may be making a retracement before it extends its losses in the month of December! Watch out for this trendline as it might be drawing price to it in order to drive it down. Trade well and take care!

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USDJPY is set to make some small recovery before extending its free-fall. But, overall, the pair is rather bearish than bullish. Trade well & take care.

MyFxPicks

MRP shares might be locked in a bearish range (lengthened dips relative to rallies). A move towards formation of a lower lower as shown is quite possible.

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USDCHF may be on course for making recovery after the tumultuous nosedive. A conservative profit target makes sense as yet. Trade well and take care.

MyFxPicks

Watch out for the breakout of this triangle consolidation. Bearish bias is invalidated when price closes above the descending trendline. This downside breakout can continue down to the previous low.

MyFxPicks

GBPJPY isn't done with bearish appetite. The trendline breakout might be confirming the resumptoin of the nosedive. Trade well and take care.