Hello all, price has retraced and closes right to a 78% retracement zone on the daily time frame, so we could wait for further confirmation such as candlesticks to go long on this pair. Let me know what you think
Hello all, as it was the last day of the month and of the trading week we were presented some opposite movements of the markets. Obviously due to the removal of positions and the collections of profits and to other fundamental aspects. Other than that I still see EUR/CAD to be bullish, this just seems to be a pullback to a 23.6% retracement level off the daily...
Hello All, last week we had the Yen melt against the Dollar. Right now the yen has stopped at Daily Support @ ~105.670 and it looks like in the hourly the retest is closing to finish us to enter in. Profit levels are Fibonacci extension levels. Then again this could entirely be false and price could go on a bullish marathon. Don't believe me
Hello Everyone, as you all know Gold is on a mission. We could expect some higher highs (1912.277 & 1921.070) from 2011 to be met, and then who knows after that? 🚀... With retests of course... Anyways, this could entirely be false and price will go the opposite direction. So don't listen to me.
Hello all, after market closure I decided to analyze my pairs for the coming week so that I wouldn't have to do it Sunday. Here is USD/CAD On the bigger picture (4hr) it looks like price is in a sideways channel, that has formulated a descending triangle. So S&R will be easy to find so that locating trade opportunities will be simple. Price closed below at...