With low economic news we can look to catch some price action on GBPCAD, however we must wait for a breakout to confirm the trend
Trying to figure out if cable will be bullish or bearish, we have news today which could give us the breakout we need
EURUSD has been bearish, after the retest I am expecting the momentum to carry on
Fed cut interest rates so the value of gold and other assets should rise. Price closed above the trend line meaning we have one key level to break before looking to carry on with our bullish momentum
Looking to buy GBPCAD on the build up to the election. I believe that the uncertainty and volatility in the economy will cause the £ to rise as it has risen prior to every other GE bar the last. Price action is showing that prive can rise to where it was in May before the £ crashed.
After fed lowered their interest rate we can see gold rise as investors will pour their money into a safe haven
USDJPY could form a bullish trend due to the FED interest rates news
Uptrend opportunity before brexit news in the morning
Looking to buy to the trendline resistance
Looking to buy EURUSD, fundamentals are forecasted to be bullish for the euro this week. Entry is lined up with 61.8 fib level
EURNZD is forming a downtrend after reaching a monthly resistance, we are slowly forming some price action we have 1 key level to break before we take a short. Price is currently aroud 61.8 fib level