Bullish momentum on USDJPY , suggest that buyers have taken control after a period of selling pressure. If the price break above the resistance level, we could see a continuation of the bullish trend. If not, a pullback or sideways movement could be likely.
Possible bearish trend continuation, after the price tested 1.33959. We are now monitoring selling opportunities. Have a productive day you'll.
Don't forget to leave your views and ideas on the comment section...
USDCAD potential bearish trend
Short term analysis:
-Price created short bearish pattern after breakout on 1.33873.
- High probabilities for the price to test back to 1.33873 before the major bearish trend continue.
Trade Idea:
- Remember we trade in the direction of the trend.
-Wait for red lined trend to break and test back on our targeted zone(1.33873).
-For...
Eu has been ranging in between 1.04417 and 1.02812 zones this week, creating no opportunity for both bulls and bears. Remember we trade in the direction of the market, so on this pair we will monitor buying opportunities since we are on the in zone uptrend.
Trading idea:
-Wait for breakout and retest on the red rectangle.
-SL below swing low of the breakout...
USDCAD: Possible bearish trend continuation, after the price tested 1.33959. We are now monitoring selling opportunities. Have a productive day you'll.
Don't forget to leave your views and ideas on the comment section...
XAUUSD approaching zone 1802.936, which is our weekly lower high and our previous breakout zone.
1802.936 will create selling opportunities along with our current minor bullish trend.
Comment your views and trading ideas on the comment section...
AUDUSD: Well Audus is still on bearish trend even after the bullish close on the last trading session of the day on Friday. The bearish wave is not yet completed, and the bulls have not found convincing area or zone to confirm the bullish trend. we are on the last wave of bearish trend which is not yet filled.
Trade Idea:
The price is approaching our previous...
British Pound: gaining momentum against U.S Dollar, giving us more question on which direction is it going. Remember is still on Bearish Trendline for long buying opportunities. IS THE MARKET CHANGING DIRECTION ?,we will only know when the price is moving above our lower high.
KEY ZONE; RESISTANCE: 1.26049
SUPPORT:1.24252
:1.23936
GBPUSD is moving above our previous resistance zone, which was also our lower high for the major down trend market. Bull seems to be gaining momentum after all but the have not given us a reason to go long on buying.
Strong bullish trend retest on the previous higher low ,after the price break below the previous high .Note that the market is not yet giving us the signs of weakness and the price still moving above our monthly high.by that we still eyeing the buying opportunities .
Key Price Target:
SL: 102.486
:101.820
RL:104.096
:104.896
