Hi traders, The USD/CAD broke through support at 1.26222 and closed below which gives us expectations of a bearish move. Keep a close eye on this one as it looks promising so far. Let us know what you think in the comment! Like and follow for more.
Hi traders, Here we have the AUD/JPY that broke out of resistance at around 83.500 and retested again which gives us a bullish expectation. We are going long for this one to reach our first target at 84.431 and then our second target at 84.785. Please let us know what you think in the comments! Like and follow if this helped you today.
Hi traders, Here, on the AUD/JPY 1 hour chart, we have an upward trend continuing in the channel. It just hit previous resistance at 83.222 to retest and to make previous resistance support. If the candle closes above the new support (83.222), I am expecting the price to continue upwards in the channel. Please like and follow for more. Also comment your thoughts.
Hi traders, Here we have a strong bullish market since the start of 2020. If you zoom in on the daily chart, you will see that the market is on its way to the previous support level at around 0.77709. I am expecting there market to reach support, go back up and retest support again to continue with the bullish trend. Let me know what you guys think and follow...
Hi traders, Here we have a very strong bearish market with the USD/CAD. A channel has formed and we are expecting the price to go up from here to reach resistance at around 1.27593 where it will retest and continue down the channel to 1.25012. I will place my short trade at around1.27593 Let me know if this helped.
Hi traders, Here is my analysis on the EUR/USD. The market is in an upward trend and just bounced back up from the channel bottom at previous resistance 1.19791 which is now support. I expect the price to move up towards resistance at 1.23402. We also have a nice head & shoulders pattern to confirm the bullish move. Please let me know what you think and if you...
Good day traders, Here is a quick analysis of what I see for EUR/NZD. Looks like the price is flowing down the channel and might create a possible head and shoulder pattern to confirm a strong sell. Please let me know what you think. I really do appreciate it. Follow me to be updated for when the sell is confirmed. Leave a like if this was helpful to your...
Hi traders, I Spotted a potential head and shoulders pattern on the USD/CAD chart. I am going to wait for the breakout at around 1.28334 and buy at the retest 1.28358. Hope this will be helpful for your analysis. Thanks, Janno
Hi everyone, Here is a quick analysis of a big head and shoulder pattern that I have had my eyes on for the past few weeks. It just broke through and I am going long for this one. Hope this analysis could be of value for your trading. Thanks, Janno