Hey Traders, We are closely observing AUDCAD in tomorrow's trading session for a potential buying opportunity within the 0.90300 zone. AUDCAD is currently trading within an ascending channel and appears to be approaching the channel's support near the 0.90300 supply and demand area. Trade safe, Joe.
Trend direction could have flipped on d1, watching for pullbacks. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you...
Hey Traders, In the upcoming week, our focus will be on monitoring CADCHF for a potential buying opportunity within the 0.66950 zone. CADCHF has been experiencing a downtrend, but it has recently broken out from this trend successfully. Presently, CADCHF is undergoing a correction phase and is approaching the retrace area near the support zone of 0.66950. Trade safe, Joe.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. CADCHF is overall bearish trading inside the falling broadening wedge pattern in red, and it is currently sitting around the upper trendline. Moreover, the zone 0.68 is a resistance zone. 🏹 So the highlighted purple circle is a strong area to look for sell setups as it...
my idea for cadjpy i think it will retest support zone then going up to reach 110.5 it will be good zone to sell it but now we are searching about buying idea ......
Price is now testing a major support at 1.3219 which is an overlap support and also a 127% Fibonacci extension. A bounce from here could see prices rise up towards the 1.3316 level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded...
Aiming for a previous HH. will wait for confirmation of a rejection of daily support, and enter on a long.
RESISTANCE (major) @ 1.3550 RESISTANCE (minor) @ 1.3466 TP2 @ 1.3550 (closing ALL Buy Orders) TP1 @ 1.3466 (shaving 50%) BSO @ 1.3300 ⏳ The USD against the CAD has been trading in a downtrend for the past few months, and it is currently approaching the major resistance level of 1.3550. If the price respects this level, it could signal a reversal in the trend and...
If gold breaks 1928 area, It opens the doors to falling more. We could see as low as 1922 today if not further. I think the bears have been strong overnight, and we could see a further decline. Sell entered from 1935, now to sit and watch.
Price has broken a key resistance-turned-support level at 1.6855 triggering a push up to 1.6904 which is a key overlap resistance. The bullish momentum is aided by the bullish channel exit we're seeing. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider)....
Uptrend mapped out, targeting a break in the trend line.
Hey Traders, our focus is on monitoring EURCAD for a potential selling opportunity within the 1.45000 zone. EURCAD is currently in a downtrend and appears to be consolidating while approaching a significant support and resistance zone at 1.45, which aligns with the major trend. Additionally, we should take into account the potential hawkishness of the Bank of...
Hey traders, in today's trading session, we are closely observing GBPCAD for a potential selling opportunity near the 1.68900 zone. GBPCAD has been following an upward trend, but it has recently experienced a breakout. It is currently undergoing a corrective phase and approaching the retrace area near the resistance zone of 1.68900. Trade safe, Joe.
Don't forget to follow me to get a lot of my analytics Entry point =1.32835 SL = 1.32517 (31 pips) TP1 = 1.33216 (38 pips) 1R=1.2R TP2 = 1.33719 (88 pips) 1R=2.7R TP3 = 1.38225 ( 539 pips) 1R=16.9R
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US jobs indicator signals early signs of stress, CAD rides positive momentum after BoC hike Bearish momentum accelerates as CAD continues positive momentum – ‘death cross’ and major support will be tested nitial jobless claims out of the US flashed another early warning signal regarding the otherwise robust job market. 261 thousand people were newly unemployed...
Price broke multiple structure to the downside, leaving behind a lot of inducement that it's looking to take before it continues with its bearish flow.