AUDCAD: Bearish Move From Resistance 🇦🇺🇨🇦
AUDCAD may retrace from the underlined solid resistance.
As a confirmation, I see an inverted cup & handle pattern on an hourly.
Goals: 0.9123 / 0.9107
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Freefxsignals
AUDNZD: Bullish Signal After Breakout 🇦🇺🇳🇿
AUDNZD nicely retested a recently broken daily/intraday horizontal resistance.
After its test, the price violated a resistance line of a bullish flag pattern on an hourly.
We can expect a bullish continuation now.
Goal - 1.1088
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EURCHF: Pullback From Support 🇪🇺🇨🇭
I see a nice pullback trade on EURCHF:
the pair test a key daily/intraday horizontal support.
A double bottom pattern was formed on that
and its neckline was broken.
I bought the pair on a retest of a broken neckline.
Goals: 0.9548 / 0.9560
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GBPCAD: Important Breakout 🇬🇧🇨🇦
GBPCAD broke and closed above a solid falling trend line on a 4H.
We see a positive bullish reaction of the price to that after its retest.
I think that the pair will keep growing.
Next resistances: 1.776 / 1.781
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EURGBP: Intraday Bearish Pattern 🇪🇺🇬🇧
EURGBP has a nice potential to continue falling.
After a strong bearish wave, the pair was consolidating
within a horizontal range on an hourly time frame.
The support of the range was broken this morning.
It indicates the strength of the sellers and a highly probable
bearish continuation.
I think that the pair may reach 0.8543 level soon.
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EURJPY: Strong Trend Following Signal 🇪🇺🇯🇵
EURJPY looks bearish again after a local correctional movement.
The price started to grow within a bearish flag pattern.
Its support was broken this morning.
With a high probability, the market will return to a bearish trend soon.
We can expect a bearish movement to 156.0 level.
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EURCAD: Time to Buy 🇪🇺🇨🇦
EURCAD will most likely keep growing.
After a correctional movement to a key horizontal support,
the price bounced and violated a resistance line of a bullish flag pattern.
The release of Canadian fundamentals also strongly support the pair.
The price may reach 1.4957 level soon.
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NZDCAD: Bullish Trend Continues 🇳🇿🇨🇦
Last week, NZDCAD corrected to a key daily horizontal structure support.
This morning, we see clear sign of strength of the buyers -
a bullish breakout of a narrow horizontal range on an hourly time frame.
It looks like the pair returns to a global bullish trend and a correction is over.
Goals: 0.8435 / 0.845
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CADJPY: Bullish Outlook Explained 🇨🇦🇯🇵
CADJPY is trading in a bullish trend on a daily.
Last week, the price set a new higher high higher close,
violating a strong horizontal resistance.
The market opening turned out to be bearish.
The pair is currently testing a contracting demand zone
based on a broken structure and a solid rising trend line.
I think that the market may resume the growth soon.
Next resistance - 115.8
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