


Iconic_Trading
EURCAD is heavily underbought. We reached weekly support. Also we have a nice rsi divergence on this one.
GBPUSD moves in a sideway range between support and resistance zones. I recommend you to only get in at the top.
In CADJPY we might see a correction, but we have to keep in mind CADJPY is bullish these days. We reached critical resistance support and resistance zone which is also our 0.786 fib level. Now its time to see if our zone will hold or not. We also see a bearish rsi divergence which is a sign for a possible reversal. Risk reward ratio is also great.
EURJPY is overall bearish. We reached resistance zone and important fibo level. Also we´re in a nice bearish channel. Risk reward ratio is also great.
GBPUSD broke our 1.23400 zone and retested it. Really nice risk reward ratio on this one. Also we should see a big correction from the bullish gbp last days.
NZDCAD moves in a nice bullish channel. Nice risk reward ratio on this one too.
XAUUSD bounced from bottom. In smaller timeframe we saw the retest. Want to see it going to 1520.
EURUSD is overall bearish. We see it moves in our bearish channel. It´s also under our support and resistance zone.
EURGBP reached major support zone. We want to see it bullish again. High news incoming, so be careful and move sl to breakeven asap.
EURGBP reached major support zone. We want to see it bullish again. High news incoming, so be careful and move sl to breakeven asap.
EURGBP reached major support zone. We want to see it bullish again. High news incoming, so be careful and move sl to breakeven asap.
Bitcoin moves in a decending triangle. If the 0,236 fib level does not hold, we could see it fall down to the next strong support zone.
Because of NFP Gold is bullish again. Gold broke zone and now we wait for a successful retest. Wait for confirmation and a candleclose above zone. If zone holds we could see it going even further.
Now it gets interesting in EURCAD. Support zone held several times, we also have a bullish rsi divergence which is a sign for bullish momentum. Use small lotsize or wait for confirmation.
Our AUDNZD setup is still valid. Great risk reward ratio on this one. Seems like zone is strong enough. Move sl to breakeven after 15-20 pips.
XAUUSD reached support. If you want you catch some pips with long entries. We´re not getting it yet, want to see more confirmation.
CADJPY is about to reach 0,618 fib level, which is also a major resistance zone. This currency pair is also highly overbought. Should be time for a correction soon.