Weekly outlook for Major Forex Pairs Hi Folks!
This is my outlook on some major forex pairs that i trade for the upcoming week.
Please have a tea and some snacks and enjoy my video and prepare your charts for the upcoming week with me.
This video is just for educational purpose, not financial advice, please DYOR before taking any trades.
If u like please hit the Like and Subscribe.
UC
Swing on USDCAD, Choppy pair ? We'll seeThis is not a trading advice neither are my other posts. I have an entry short on the pair since yesterday, see previous post.
Supposedly UC is less volatile and easier pair to swing, for what I've read on the web.
Let see if my TA and the fundamentals align ?
If you think I am wrong or anything constructive to say please comment !
I am willing to learn as far as I want to share !
Share a thumbs up if you read till here and follow I will do the same for you ;)
Good trading !
Carlos
Weekly outlook for Major Forex Pairs Hi there!
This is my own view on for the upcoming week for most of the major pairs.
DXY looks bearish, so im looking to short USD and bullish on other pairs.
---Disclaimer---
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
USDCAD Ready to Move to the Upside?I've been looking to swing USDCAD all the way up for a while now but it wasn't quite ready for it. However, there's a clear channel visible on the 4H that can provide us with the perfect opportunity. We will get confirmation for buys once price breaks and holds above the channel; extra confirmation when price breaks and holds above the upper pink zone. Updates to follow.
USDCAD 7/06/2021 - WEEKLY FORECAST TF 2HHello Traders!
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the eye signs.
Heart in the box - a place to take profits
Eye sign - spot to jump in, or watch
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool.
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Thank you for your attention,
GOD BLESS U ALL!
🔰 USD/CAD — We will see more bearishness 🔰 🔻 USDCAD Daily Candle closed same as DXY as a Doji — If you noticed Price traded to the Upside respecting the Order Block ( OB ) that is has given last night then dropped down to create another Lower Low ( LL ) — Another Doji Candle will give us a further space to the downside
🔹 Our major Support from here is 1.2500 Zone then to 1.2400 Level
🔹 We are under Bearish market unless we see a price trading above 1.2700 which is too far from here
✅ Oil + DXY will help the price drop more - as we aim to short this pair in the upcoming sessions ( London + New York )
🔔 We will trade USDCAD when the DXY is trading lower as right now the Dollar Index Trading at our Support Zone