CADCHF is hinting of more bearish action after a series of lower lows and lower highs we see price coming to test the 0.74822 price range as resistance after that price has been a played a vital support and resistance in the past, we can expect to see a bearish push lower on CADCHF.
Usdpy has given a huge bearish engulfing candle and has broken out of the retracement price also retested the previous lows on the H4 timeframe so we could expect more bearish pressure on USDJPY,to add more confluence the Dollar index is also bearish
We can see aussie yen giving us signs to complete a possible ABC pattern, with this we look to see more bearish momentum taking out the previous lows and creating lower lows as illutrated on the graph
From this point onwards we could expect a downward bearish push on Egold to futher complete an ABCD pattern
Expecting to see a drop on USDCAD , after making a decent rertracement from the previous lows to a new lower higher point and forminga huge bearish candle on the 1h signaling a bearish pressure incoming
Expecting bulls on gold after 3 touch confirmation
After giving us a strong reversal at 102.062. We saw a huge push to the upside in price and after that push we see price coming to the trendline for a minor retracement. At this point We can expect to see more upside on CADJPY with targets at TP 1 -104.514 and TP 2- 105.158
After price faked out at 0.76583 we saw a huge bullish push from that point onwards we also see an inverted head an shoulders pattern that formed giving us a hint of more bullish strength in store for CADCHF. We could expect to see Take profits at TP 1- 0.77991, TP 2- 0.78631 TP 3- 0.79462
GBPAUD is setting up for a possible sell based on the daily timeframe we see price giving us 3 touches on the daily trendline, whilst also failing to stay above 1.75673 on the 9-10th June and coming back to test that same line as resistance on the 14th of June giving us a hint of bearish pressure. We can expect to see possible take profits at TP 1-1.72721, TP 2-...
After giving us a perfect triple bottom we can expect to see a bit of a rally in price on EURCAD. With the first take profit at 1.35932 and the final TP at 1.36490
After a getting a huge rejection to the down side and leaving a long wick on the 7th of June. this gave us a lot of indication of exhaustion. We could expect to see a rally in price to the 1.50090 price level as a target
After breaking the weekly trendline we can expect to see a drop in price to the 0.87144 price range after a huge upside wick showing rejection.
After breaking above the counter trendline price has given a 2 candle bullish indication that price is going to rally
After the break back into bullish territory, and price finding support at 100.575 I expect more bullish movement
At this point we can expect to see a rally in price after breaking out of the counter trendline and creating a double bottom.
After arejection of 0.92500 on USDCHF and it becoming a lower high we can expect to see a drop in price since here has a been a huge increase in dollar weakness, overall target for this short trade is 0.91321
After a break and retest of the trendline in the daily timeframe, we can expect to see a more upside on the Euro