I am very bullish on this pair. We are having new higher highs every week.
We have a nice correction to the 61.8% of Fibo creating a double bottom pattern and follow by an engulfing candle.
Our buy zone is around 142.900 until 146.000 which is next support.
Nice week traders
UJ seems that is respecting the little trend line, but I think it will break soon. I am seeing a nice inverted head and shoulder pattern to continue long.
We will be looking for long entries on monday on the right should which is also located in the 38.2% of Fibo.
Let me know your comments about this pair.
NZDCAD in my perception completed the ABC correction wave and now a new impulse is coming.
I had a pending order on 0.90700 which has been activated, lets see if we can catch 200 pips on this pair to complete our amazing week
We had a nice bearish movement that broke our trend line, now we are finishing the correction to continue droping.
Let´s wait a Bearish candle on 4hr to enter Short position. We can see a double top nice and clear.
Good luck traders.
I am expecting a nice push to the upside on this pair. EURCAD is respecting the uptrend line and is forming a double bottom.
Lets wait the 4hr candle to close to enter long until 1.53000 zone.
This is around 200 pips.
Hello traders. Hope you enjoyed the profits from last week.
On Gold I see that bears are taking control, also Stocks are rising so Gold shouldn't be attractive for now.
I am expecting a correction to 1286 level, to look for short opportunities.
Bless week traders.
EURAUD needs to complete ABC correction first, to continue failing.. until Daily trendline zone around 1.55000
Once wave C is completed we would be looking for short opportunities.
Also, you can look for long position until 1.59300(risky)
GBPCHF is showing the end of the bearish movement. The price is on a Daily region which can help to make a bullish candle pattern to start some bull move. Also is showing divergence in RSI on 4hr chart.
Lets wait a bullish candle close in order to enter a long position.
Let me know your comments.
EU moving at 1.14000, I think a nice correction can start during the following days, in order to touch the support zone on 1.15000 to continue the downside movement until 1.11500
Lets wait for a nice sell position.
EU showing a big weak moment. Weekly candle close very very bearish. We could see the price touching the 1.15000 support zone and we would see if price breaks to continue until 1.14500 Monthly zone.
In general, Look for short opportunities.
Don´t forget to follow me and check old analysis.
USDCAD is now at the Daily resistance zone 1.29900, we would wait for a potential breakout since CAD is getting stronger and touch the 1.29000 region and further 1.28000.
If price does not break the Daily zone we could see a new movement to the upside.
Don´t forget to follow me and watch my old analysis.
UJ in my perception seems to be in a bullish trend until 114.200 resistance zone. Price respected the 0.618 Fib retracement and at this point we are at .50 fib region. I will consider to enter a Buy position depends on the market opens.
Let see if we can reach our Main Target Fib ext -27% and Daily resistance zone.
CAD seems to be very strong against JPY, We can see a strong Daily bullish trend and in 4hr we can see the price is creating new Higher Highs. Next week we are going to see more bullish race for this pair. Let´s wait a good entry in 4hr/1hr chart to catch more pips.
Also we can see a possible Harmonic Pattern formation in the following weeks/months.
Good Luck traders!!