With a strong dollar building up.. i wont be surprised if we have already bottomed up on USDCAD.. i be watching for possible entry for the buys .. I will update on smaller time frames as we progress.. FX_IDC:USDCAD
Potential sell towards the support zone of the rising trend channel.
USDCHF more room to downside to retest 0.980 region. My bias is upon retesting the TP region, there shall be a quick reversal to retest the upper resistance zone as indicated.
More room to the upside to retest the immediate top resistance region.
Hoge gap. But still room to retest the top..
Possible continuous trend to the downside.
Based on the latest first round french results and how the markets have opened, my analysis is a continued bullish Euro with a retest of the 1.094 region before a further possible upside towards the previous high. 1.129
I think we do have some small room to the upside before a reversal in trend .
Be careful on how you trade this position. I have a bias to a small upside to retest the upper strong resistance zone before a major correction . However, I will watch keenly to see if price will break above trend line with some correction to confirm a possible upside breakout. Otherwise, should price not break out ( my biased trade) I will wait create a pending...
Nice sell set up but trade with care. This is a medium term trade. I expe3ct more pull backs for opportunity to re-enter with additional sell positions. Trade with care and observe your money management skills.
Break from the consolidation channel. Sell set up with target profit at the 61.8% re-tracement level. Trade carefully
This breakout has possible upside target to the previous highs. If you are not ij the trade already, wait for a pull back and enter a buy. Will update the chat as we progress.
Hi guys, this pair is trading within the downward channel.
Looking at a possible pull back to 50.00 area before further upside possibility.