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Quadx

Weekly Outlook on EURUSDShort-term, this pair has some bullish potential. It is currently sitting within a zone of significant lows, and with waning momentum on the USD index, it could return to the value zone and even continue towards the top of the current descending channel. Not interested in entering, but very interested in future opportunities. If it does not reach the top of the channel, it could continue to consolidate into a well-defined triangle. Let me know what you think, whether you agree or disagree! QDX Quad X
by QDX_dsconsole2
Predictive Analytics of the AUDUSD DSo, a lot to consider, but one thing seems likely- a strong move in a relatively short amount of time. There seems to be demand pushing this pair right into a high-pressure zone. I'm bullish for a few reasons, one is that it is sitting near long-term lows, two is that is has some attractive areas of potential support within range, and three the flat bottom of the consolidation (I don't have stats) seems to repel impending breaks. I am expecting a thrust out of the descending channel and have confidence it will get to the second target. The third target is my long-shot, but I put it there because i feel it has a pretty good chance of hitting. Definitely going to watch what happens around the first two targets before I'm fulling behind a potential move to the third.
by QDX_dsconsole2
Technical Analysis and Potential Break Setup USDCADCurrently bearish on this pair, but a lot still left to be seen. Potential short-term sell opportunity if exhaustion forms around current price point, indicating a likely move down to the bottom of the current channel. Once it reaches the bottom, a break to the downside has a high probability of happening due to an extended period of time spent within said channel. Upward trend weakness can be seen, signaling an imminent reversal.
Short
by QDX_dsconsole2