The pair Must break 108.00 Level to go long, otherwise another drop will come-in as 107 range high rejects.
Good day traders, EURUSD IS about to retest the lower TL of Channel.
Good day traders, The USD index has reached the 97.XX levels with major support at 97.60/97.65- Could be expecting a Bullish Reversal here.
Good day traders, Once we test the 61.8% Fibonacci level We could expect a Rejection, Waiting for 1.22976 Break would be a safer entry.
Good day traders, Monitoring for a Bearish break- Could enter small sell lot here and SL just above 12,400.0 But rather risky. Conservative traders should wait for Wedge break before a Sell.
Good day traders, As CADJPY reaches the level of 80.00- IF we get a Weekly rejection or close below it could signal a new Bear trend (continuation) of main trend after slight correction. A weekly close below 80.00 is needed, if closed above then the Analysis is invalid & target price would be 85.00.
Two Entries- Marked out on the chart.
Expecting a Drop once Resistance zone is Re-tested (Failed). Otherwise its a Bullish break.
GBPCAD Most recent Bearish takeover. We missed the breakout- Currently Waiting for a Daily Retrace or new Sell entry signal.
Wait for rejection at 16.7082-16.8315 to trigger entry.
Obvious Bearish trend, Currently at Weekly Trendline support- expected to be broken at 147.000 That's where we start selling. Targeting 142.834 level.
Weekly jumped off bottom Trendline, Daily 30 & 50% Fib level's holding as support Currently re-testing 60% Resistance (0.88437). 4H we need a clear break above 0.88437 and Target 0.89355-0.9000.
Two trednlines (In Red) are Weekly. Rejection at 60% (1.81348) & 50% (1.80304) Daily chart Fib levels are clear. Selling the Evident Bearish drop entries below 1.79352> TP is at Bottom of Weekly Trendline 1.76145.