Comments on charts Targets in blue Feel free to like/comment Cheers Jesse
Comments on charts * Pending buy order: 0.99960 * Target: 1.00290 Please feel free to comment/like. Cheers Jesse
USDCAD pulled back to 50% on fib retracement, 80% chance it will continue upwards to -27%
EURUSD could not find a clear direction already 5-weeks. The process of consolidation continues at levels of 1.12. It is waiting for a key event that would move the market into new direction. The consolidation process may continue next week with slightly movements within the trading range of 1.1110 and 1.1290. The events that are important for the last week of...
EURCAD has been moving in a wide channel since 2013 and its bottom channel (Turquoise line) has almost been reached now. Definitely a pair to watch for either a Bounce or a Breakout. If the bounce for trend continuation is confirmed, this should give us a niiiice movement potentially up to the upper channel. The pair moves quite slowly so this is probably a...
Another week of indecision in the global equities markets. Holiday thinned trading in Asia saw thin trading in both China and Hong Kong. The Emerging Markets ETF EEM is extending the bounce from the December 2016 lows, but critical resistance from the same year highs is expected to provide a barrier. Meanwhile, European markets are settling into consolidation...
I think that the USDCAD can continu his movement until the monthly resistance at 1.340, we need a daily conformation for the break of the daily resistance. Nice trade and good luck
I think the USDCAD can go up until the monthly resistance around 1.34 We can see clearly that the graphic made a new lower low and a new higher high
There is a very nice bearish pin bar forming on strong descending resistance level on the weekly chart. 1st target is 200 pips down at the first strong resistance level, 2nd target is a further 250 pips down at the next strong area of resistance. Could potentially be a nice swing trade over the coming weeks.
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EURJPY finished from goes down. it can be clearly seen that EURJPY will reach the peak again at 139.01. I hope to make order as my illustrate. Make order when the market open. Have a nice weekend!