#GBPUSD is sitting on a key harmonic level I believe there's a good opportunity to go long from here with a healthy risk to reward ratio.
EURUSD is sitting on a key support level has already bounced a bit and is now giving us a chance to go long here. Lets see how it unfolds.
GBP/USD is currently heading for the above Resistance level I have plotted on chart. Watch out for this key level. If it gets broken then chances for bulls are great but in my own opinion GBP/USD will get a strong resistance from this area and is most likely to be rejected with huge potential for Bears. Therefore my personal bias remains bearish after hitting the...
EURGBP has already tested and got rejected from this trend line but the bounce was not significant so I am expecting another even bigger rejection from this level.
EURUSD is currently testing a key support if it succeeds in breaking this one then next support area shown below is exposed and Possible trading opportunities may present themselves as shown below. This is just my personal view and not and should not be considered an investment advice in anyway.
EURUSD pair has already broken all the up trend lines and formed new down trend lines at this point it is testing both up and down trend lines at the same point confluence of trendlines what we call it technically. I am shorting it for short term gains and risk is also not very high even if it gains momentum upwards again.
USDCAD has been moving in an upward channel for some time now. watch out for Price Action on channel breakout or continuation. I have drawn the key horizontal levels to consider a breakout or continuation. I always emphasize on Candlestick Patterns to assist your decisions.