CM-Analytix

CM-Analytix Updated 

After having experienced weakness yesterday, price settled between 139.97 and 139.53. A potential short is in the making should price pullback to 139.90 (short entry). Should no fundamental news upset the flow, price might demonstrate willingness to continue its short term trending. See chart for trade management levels. Happy trading and good fortune

CM-Analytix Updated 

It is the 4th day of 2021 and the #GBPJPY is eager to show intention. Very high volumes of supply started to enter the market on 31 December 2020. Selling pressure mounted on 4 January 2021 during the Asian session. With all the weakness present and after having taking out the high that was formed on 24 December 2020, price is now showing willingness to move...

CM-Analytix Updated 

On 31 March 2020 the pair made a high @ 1.77958 The #GBPCAD being a #commodities driven pair reacted accordingly to the current oil crises. As if that is not enough the COVID-19 situation just adds fuel to the fire. All of the aforementioned contributes nicely to the short trade idea on the #GBPCAD. The latest hospitalization of Prime Minister BJ and him being...