D1
USDCAD UpdateUSDCAD successfully retested the broken support structure on the daily chart and continued Further to the down side,and if you viewed my previous analysis and on the USDCAD you would see that I predicted the continuation of the move to the down side,Currently the pair is looking to go further to the down side as the begging of the downtrend.I will post Risk to rewards later on.Make Sure To Follow and Like.
GBPAUD D1GBPAUD D1
TENEMOS ESTE PAR EN OBSERVACIÓN YA QUE SE ENCUENTRA EN CONSOLIDACIÓN ENTRE LOS PUNTOS 1.87500 Y 1.81600, PARA MAS CONFIRMACIÓN DE VENTAS ESPEREMOS QUE ROMPA EL PUNTO 1.81600 Y LO RESPETE COMO RESISTENCIA PARA IRNOS EN CORTOS, (PODEMOS APROBECHAR LOS MOVIMIENTOS QUE HAGA EL MERCADO EN BAJA TEMPORALIDADES...
Weaker CHF & Stronger JPY made a sell opportunity for CHF/JPY..1st confimation:(Currency strength)
According to trading view forex screener JPY is second most strongest currency after USD & CHF is most weakest currency of all major currencies. These makes CHF/JPY pair go for sell..
2nd confirmation:( Ichimoku kinko hyo)
Price crossed the cloud.
Tenkan crossed kijun.
Chikou span favours.
Cloud transformed to red.
Direction of Kijun favours.
3rd confirmation:(Drawn on chart)
You can see that price makes a downtrend after a consolidation(or a small uptrend)..& now is the time for downtrend.