Justfxtrades

Justfxtrades

Sellers responded to the supply zone in the 4H time-frame and the price started moving downwards forming a lower highs and lower lows, waiting for the best entry.

Justfxtrades

As you can see clearly the price was moving in a bullish momentum, then began to forming a double top pattern, then broke out the support zone and returning to test it, currently we are starting to see reactions from sellers, so I expect a decrease in the price of the Australian dollar against the Canadian dollar.

Justfxtrades

After the price retested the brocken support zone 1.3513 on the daily time-frame, as you can see it formed a double top pattern on the 4H time frame , waiting for breaking the neckline support level (1.3413), then we could see some bearish moves after a retest confirmation .

Justfxtrades

The gold price appears to be retracing after hitting its record high of 2147 since the year started. I anticipate a continued downtrend in the gold price in the upcoming days, with all attention focused on the NFP report next week.

Justfxtrades

After the strong rise of the price that came after the completion of the harmonic pattern ab=cd Which is all enough to break through the previous resistance, the price started corrective moves to retest the area, forming a parallel descending channel, which broke through it after retesting the area and touching the 61% level of Fibonacci, so I think that the price...