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USDCAD Resistance Third Attempt Hi Traders! There may be a break soon as USDCAD looks to test the 1.35440 resistance area for a third time. Here are the details: The price action looks bullish; the market swings are getting higher, and the 20 EMA support re-test has held. Our idea here is to buy market dips leading up to 1.35440 for a possible break above if the bullish momentum continues. The long-term target is around the 1.36269 area, as we expect some resistance there. Preferred Direction: Buy Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
BluetonaFX - USDJPY Tumbling After Failed Record High BreakHi Traders! The 151.946 apex level proved to be too strong and there is a now potential double top pattern on the USDJPY 1W chart after the market failed to break and close above 151.946. Price Action 📊 After the initial break and close above the previous strong resistance level at 145.073, the market traded with continuous bullish momentum to target the psychological 150 handle and then the apex level, but the market seems to have run out of steam and is rapidly pulling back towards 145.073. Fundamental Analysis 📰 We have the FOMC minutes meeting today, and depending on what is revealed in the minutes meeting, we have further downsides this week for the US dollar.   Support 📉 146.711: 20 EMA 145.073: PREVIOUS RANGE ZONE RESISTANCE Resistance 📈 149.991: WEEKLY HIGH Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
BTC SHOWING SOME BULL RETRACEMENT BTC is holding the price at the major support not closing below the major monthly support, he tested it and moved below and returned back to the support price which shown that BTC may actually be trying some retracement of some bullish if the bearish impulse fails in the next coming days. My advise for those that are willing to invest on BTC should start investing some spare i mean small of their capital, and if it drop they should also invest more before the next bull move is goint to start
by wakaman
2
GOLD - DAY TRADE VIEWGOLD - As per the price action, trend lines , & technical indicators gold is expected to go up from the current price. My approach will be a buy here at current price 1873 Potential upside target 1884 Maintain stop loss around 1864 Trade as per your risk appetite, I will be glad to see your likes & comment . Why you should follow this tradingview account ? Managed by top most renowned trader - Pulak Priyesh 10 + years of trading experience Professional Day trader Excellence award winning mentor Professional chart, clear chart without junks. Major S/R levels with inner insights Frequent Day & Swing trade levels All major and minor FX/INDICES covered. Thanks
OANDA:XAUUSDLong
by Professor_GS
EURAUD Big PictureHello, Friends! I've been trading EURAUD for the past few months and has netted consistent profits. This is the large picture of EURAUD. Technicals, Technicals, Technicals. 1. We are still in an upwards weekly channel with a strong support and strong bounce off of it. 2. We are still creating higher highs. 3. RSI still in the buyzone with another week or two of buying. The market moves in waves. I expect price to close at 1.6600 area then ready for a retrace before the next push up into 1.6800 zone. Good luck trading! Please help like these free analysis as others will benefit from seeing them as well. Let me know how I can help. Charles V www.cvfxmanagement.com Trading made Simple
Long
by cvfxwealth