1. 3 rejections off this level. Point of interest for future trades passing through this price area 2. Two regions that could line up to be possible buy and or sells dependant on price action leading up to areas. Sell area looking stronger due to MA's converging one the H4
Awaiting further movement on this pair. Current Ordersa SHORT - 114
1. Supply and demand zone point of interest. no current orders on this pair until I feel the move down is complete.
1. Price closing around this reliable supply demand zone, along with 100 H4 EMA. Point of interest for market open. YELLOW TREND LINE - Point of interest after duplicating above green H4 trend lines up quite interestingly with previous low and Fridays wick. Could be nothing but interesting for this weeks price action. No Current relevant orders on this pair....
1. Previous heavy rejections of this area coinciding with top daily trend currently contain daily 100/200 ema's point of interest for future price action. 2. Supply and demand zone requires clean break if a move up is to occur from 3. End of week price sits on both 4 hour and also daily trendlines . point of interest for market open 4. Strong Buy area for...
Price looking to push down towards my Monthly trend coinciding nicely with the 200 EMA. Green box For Entry then I anticipate the next big swing higher to begin. No trades for me on this pair until then. 1.915 Very good historical key level.
Technical analysis indicates a bullish term on the horizon for UCAD, for the near future at least. However fundamentals will dictate price action heavily with it being NFP week so I applied best case scenarios for both bulls and bears in my opinion. Only time will tell how the dollar will withstand another NFP Battle Royale.
Technicals in my eyes indicae a bullish near future for this pai. However I must stress that with it being NFP week. Any trade taken on Dollar pairs are risky until further notice, this is my analysis for a bullish dollar. Bearish analysis to follow.
lots of fudamental related to this pair still to come this week so be wary. however small buy/sell zones have presented themselves for anyone looking to bag some easy pips.