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EURCAD reached resistance zone and retested it several times. Now we could find a possible short entry. Risk reward ratio is fantastic on this one.
GBPUSD reached resistance zone, which is also our daily fib level. Price is out of bollinger bands, so we should see a correction. Next Target is the 0.50 fib level. Keep in mind to use low risk (GBP!)
GBPNZD reached major support. We also have a bullish RSI divergence, which is a sign for a bullish reversal. Risk reward ratio is great ( risk 1- get 2.8 ) Usually we dont trade GBP because of all the fundamental data, so if you get in, make sure use low risk and move sl to breakeven asap.
NZDJPY retested resistance zone. Next target should be our next daily fib level. Optimal would be a retest to 67.600 and signs of reversal. Use low risk on this one if you want to get in.
CHFJPY reached weekly key support level. Its highly underbought so we should see a correction. We also have a bullish RSI divergence, which is a sign for a trend reversal. Target should be daily 0.786 fib level. Risk reward ratio is good.
AUDCAD reached weekly / montly support zone. We could find possible long entries. We also have a bullish rsi divergence.
AUDCAD reached weekly / montly support zone. We could find possible long entries. We also have a bullish rsi divergence.
EURUSD reached weekly support zone. We have a bullish rsi divergence. Target is the next resistance zone.
NZDCAD reached weekly resistance zone. In H4 and daily timeframe we spotted a bullish rsi divergence. We should see a correction to our bearish trendline. Be careful and use low risk, we are still in a bearish market.