HugoMoulay

HugoMoulay

Bull bias for Risk-on currencies (EUR,GBP, NZD..° relative to safe-havens

HugoMoulay

Despite USDJPY clearly respecting a Bearish Trend since the 25th of March, it is approaching the 2020 low created on the 9th of march at 101.18. If this zone is successfully rejected this could create a longer timeframe Double bottom, which is regarded as a strong Bullish pattern. Furthermore, the U.S. Dollar is unlikely to lose its Reserve Currency Status and as...

HugoMoulay

CADCHF Price action has been respecting an ascending trendline since mid March with a progressive 3000 pip bullish rally (5%)

HugoMoulay

USD/CAD is currently at a 5month low, with the use of RSI(21), price action showcases that there is price sensitivity/reversal whenever RSI(21) hits ~35.8 (This can be evidenced in the following graph which exemplifies that over of the course of the last 5-month whenever RSI(21) hits ~35.8 there has been a reversal). Furthermore, T/P - 1.3167 & S/L -...