USDCAD is in bullish channel. Currently testing trendline where we can look for buy opportunities. Target is shown on chart which is also strong weekly resistance. This pair is going bullish to reach upper channel as shown on chart.
NZDUSD is in a parallel channel. Next week I'm anticipating bearish nature. On monthly we can see potential inverted head and shoulder pattern. This pair has also rejected the monthly sell zone quite nicely.
NZDUSD is moving quite nicely to the downside, so this is a good time to start looking for opportunities to sell. As can be seen in the chart I am waiting for the right shoulder to form to enter sell positions. Potential Head & Shoulder pattern approaching. I have 2 targets for this pair-1 short term and 1 long term. Proper risk management is to be used in each...
AUDJPY is falling very strongly toward that monthly zone of 82.273.
Currently we are testing daily zone. This would be a good time to enter buy for TP shown on chart. Expecting to check at least weekly zone.
EURUSD is going bearish toward daily zone. Higher time frame(daily) we see a potential inverse H&S pattern. Price rejected daily zone very well where we could have taken sells. As of right now we have price printing a double top; if we look left we had a bullish candle with bearish engulfing candle & now we are pretty much doing the same, if we get a bearish...
USDCAD going up to test daily structure. Good time to enter sell and hold to target shown on chart
NZDUSD is currently at daily zone. It is a good time to enter sell trades at this zone and hold for target shown on chart. ***Risk management according to account size must be applied***
EURJPY is currently at daily resistance. It would be a good time to enter sell for target shown on chart. ***Risk management according to account size must be applied***
Going bearish to test monthly zone once again. Currently testing daily zone which would be a good entry for sell.