As requested by one of my Facebook page's followers, I've published a trading analysis for the USDCAD Forex pair. As shown on the graph represented to you, the US Dollar-Canadian Loonie Forex pair has been trading on a rising channel for quite some time. Whenever the prices hit the top/bottom of the rising channel, a substantial fall/rise follows. That being...
A high positive change in the number of people employed in Australia, push the AUD upwards, keeping a continuation in the upward trend that maintains for several days. www.investing.com
Pair is expected to move inside the H4/D1 range. Until the last high holds, we can looks for sells towards the bottom of the range. The uptrend line on H1 chart can be used as our trigger. Protection should be placed above 0.7050. Target 1 – 0.6890 Target 2 – 0.6770 Invalidation – If price breaks above 0.7050 before we get triggered.
After the pause in the bullish trend, the price is again close to a high historical level of 2800. Level reached just before the pause began.
Price has maintained the support line bullish, with two days of big candles to the rise
After a setback that slightly deviated the trend line, a bullish candle occurs as a possible revival of the bullish movement.
After a small decline two days ago, the bullish trend continues, surpassing the price of 75. There are no clear signs of depletion in the trend
AU Long for the following 8 days
The cable is making harmonic trend moves to the upside, respecting the channel, son now it is time to start surfing the next wave. At the zone we have a major level of fibonacci, a H4 support a potential oversold scenario and the cherry: lower band of the ascending channel "You control how you trade, the market controls how and when you'll get...
I like LOW. Expecting a nice move if it can break resistance at 72.72.
Hi everyone, as mentioned before, I am new to trading and just trying to apply everything I learn so please do not trade based on these "ideas". So I've been watching this uptrend on the Canadian Dollar against the Japanese Yen. Since I am just an amateur trader, I entered this trend too late. But I am trying to catch at least the last bit of it, just a short and...
The NZDUSD pair is fluctuating inside both short term and mid term upside trends , with the easily recognizable tops and bottoms that are oriented upside. After a constructed drop in september and early october, NZDUSD has made a bounce at a great support point : - The ascending trendline support that shows the pace of the mid term trend - The 150 days moving...
Based on the Channel and the Uptrend line rejection, I am going long
Soybeans has been supported by a rising trendline(yellow) and has just broken out upwards of the consolidation area. We should see higher prices from here on...
It looks like a daily Long, although my long term setup is Short, let´s see if this idea works, not sure yet if I will trade it on paper or real. Here is the support: - Steady Channel for the last week - A triangle that wants to continue the previous uptrend - Speed angles (Brand new idea in my side, I really do not know if there is theory behind it) - No more...
Besides today´s news GU is in the same path to grow, mid term
GU will be rejected in the trend-line, the question is where is going to stop, there are 3 possible takes (1.34, 1.371 or 1.422) lets keep an eye on it