USD gains broadly as stocks consolidate gains; ADP jobs at 8.15. CAD steadies around mid 1.29s with flat crude oil. EUR drops to mid 1.20s as UK trade risks linger. GBP falls sharply as Barnier warns of no trade deal. JPY reaches one-week low as move away from safety extends. AUD supported by better than expected Q3 GDP.
CAD_JPY reached a strong support level on daily. The pair is trading in a wedge, and I would go long after pullback, IF a confirmed breakout upwards happens. The long presents a great trading opportunity with a 3:1 to 4:1 risk reward ratio. Thank you for your attention! Like and Subscribe if you enjoyed my video!
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Price is facing bearish pressure where we could see a reversal below this level.
CADJPY is approaching key resistance zone, potential drop !
Price is facing bearish pressure where we could see a test of our sell entry and a reversal below this level.
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
CADJPY is reversing after touching the trendline and could drop further ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too. Until...
CADJPY pulling back to resistance and may start the drop from there. Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too. Until...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Price is approaching our resistance in line with our 127.2% fibonacci retracement and 161.8% fibonacci extension where we could be seeing a reversal below this level to our first support level. Attached is the written version of the analysis so do check that out as well and let us know what you would like to see next! Entry: 77.982 Stop Loss: 78.603 Take Profit: 76.506
Note: I said in the video that there is no significant data from Canada during NFP release, although employment data from Canada is gonna be released at same time but it will be ignored by the market. I have always seen that other economic data are ignored during release of NFP as traders predominantly focus on NFP.
on the daily chart you can spot the descending channel and as we start to get to the top of the descending channel we get a tight ascending channel which is a strong bearish confirmation to go short.
.LOG For most new traders, the biggest challenge is getting a profitable strategy that works for the long term. Usually, trend-following systems are favored because they tend to have a very good risk-to-reward ratio. Trading the currency market is essentially a numbers game, basically traders look for strategies or systems that have a positive overall...
Today, there will be news at 8.30 NYT . -08:30 CAD GDP (MoM) (Jun) I will trade the EUR/CAD + GBP/CAD + CAD/JPY. I will put order before the news headline. This is a demo ac.
Here is my top down analysis of CJ starting from the Monthly timeframe all the way down to my 15 minute entry, this is solely for educational purposes and not a trade call for people, but take that idea of you would like. Critique and feedback is always appreciated! ** Resources ** -Instagram: @krystianstreit -Facebook: Alpas FX - Forex and Crypto Course...