RicardoZuniga

RicardoZuniga

We can see how EURCAD is clearly on an uptrend channel on the daily chart failing to make a lower low and with failing at a key support area around 1.4550 levels, Short term trend line was broken with good reversal signs on daily and 4hr timeframe. Double bottom was made and this pair could make a new leg higher and extend one last impulse to 1.6500 levels before...

RicardoZuniga

AUDUSD has been on a bullish rally the last few months, now sitting at a strong daily resistance area could it be the start of a corrective wave on the downside for this pair? AUDUSD wasn't able to break pass 0.7608 levels on the weekly chart, plus showing strong rejection towards that area on different timeframes as well. An impulsive wave pattern was formed and...