Aliresazamani

Aliresazamani

“in god we trust” the harmonic movement in this currency pair is not out of reach and if the confirmation candle is seen, it probably has the ability to conquer good support ranges in the long term. The following article will be updated in the coming days.

Aliresazamani

Hi After every chaos in the market we will expect harmonic patterns.

Aliresazamani

Key Takeaways. USD/JPY represents the currency exchange rate for the U.S. dollar and the Japanese yen. The USD/JPY currency pair has traditionally had a close correlation with U.S. Treasuries. When interest rates head higher, Treasury bond prices go down, which lifts the U.S. dollar, strengthening USD/JPY prices.

Aliresazamani Updated 

Hi In the Fibonacci area, due to the important reversal zone, the trade is recognized as high risk.

Aliresazamani

I think, we will see a corrective harmonic pattern .

Aliresazamani

Hi I think, we will see a corrective harmonic pattern .

Aliresazamani Updated 

Hi The Bank of Canada raise rates by a surprise 100 basis points this week, preemptively tightening policy. Despite the price high, the CAD weekend further yesterday helped by overall USD buying.

Aliresazamani

Hi Waiting for a retest the bullish price action .

Aliresazamani Updated 

USDCAD trades between its 100 and 200 hour moving averages The USDCAD moved higher after the US jobs report came in better than expected while the Canada jobs report was weaker than expected. The price of the pair extended to 1.3034 on the spike higher but has since rotated back lower and is trading to a new session low as the London fix approached. The low price...

Aliresazamani Updated 

Hi USD/CAD has been carving out a range since last July, and given the generally strong USD environment it may be ready to begin a sustainable trend. Recent behavior backs this notion up with price action strengthening. The area around 12950 up to just over 13000 has been a tough one for USD/CAD to overcome, with the 12950 level having been in play since the...

Aliresazamani

Shark Harmonic pattern ----------------------- Entry : 1808 SL:1800 TP 1 : 1830 TP 2 : 1840