Breakout to the upside, looking for it to correct itself and find support. Looking for a hold to confirm uptrend.
CADCHF has broken downtrend that started on 02/27/17 and was confirmed on 04/13/17 Bottoms formed on 06/02 and 06/07 creating a double bottom, downtrend was broken and is currently testing for support. Three potential take profits, looking for a buy around .71750 with a stop loss at .71500. TP1: .73550 TP2: .75700 TP3: .77000 Check out profile for update and news!!!
AUDNZD has created a valid uptrend on the daily. Higher High and Higher Low formed. Stoploss 1.03500 TP1: 1.08400 TP2: 1.09600 TP3: 1.12600 TP4: 1.16000 Check out Channel for News and Updates!!!
Double Bottom Formed on 4hr Higher Low also formed after 2nd bottom in Wammie Double Bottom Uptrend confirmed with broken downtrend line and tested for support
Euro is doing very well, expecting a correction soon. Currently Testing Daily Trend Line. Respecting Ascending Triangle. Risk/Reward = 1:6 Check out my profile for updates!!!
Triple Bottom on Daily 4hr shows an uptrend Testing major Daily Resistance
The pair is trading in a smaller range each week. Fibonacci support @ 69100 Higher Low and Higher High formed from the previous week.
Higher high and higher low Uptrend structure forming
Triple Bottom and closed the week with a bullish harami confirmed on the weekly chart. Triple bottom on the daily chart as well. Happy New Years!
Interest will cause Japanese yen to weaken against dollar, which is critical for the Japanese economy in order for them to achieve 2% inflation goal.
Fibonacci levels Strength of dollar due to interest rates
Waiting for the pullback and looking to get in long.
Failed to break through resistance twice, looking for third push then will be shorting.
OPEC coming to a decision, limited oil Fib levels
Possible Short Cypher Pattern completed Close to 2016 high