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since Apr 13, 2017
aud
audcad
cad
chartpattern
gbp
gbpcad
gbpnzd
long
long-term
medium-term
parallelchannel
short
trendanalysis
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GBP/CAD broke flag. First a bounce is expected at 1.70-1.71. Then upwards. At long term TP's are 1.74, 1.77 and 1.80. SL at 1.68. Then it is a false breakout and GBP/CAD will return in the downtrend.
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Since July this year AUD/CAD is in an downtrend channel. Likely, it will touch 0.93 and go down to around 0.90-0.905. AUD had some up movement because of lower oil price. (CAD red line at currency indicator, AUD green line)
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Outbreak of triangle could be nice medium/long-term trade. TP1: 1.9400 TP2: 1.9800 TP3: 2.0400 SL: 1.8800
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