Hey everyone, we can see USDCAD dropping back to the 1.26900 area where there is strong support. Before taking this trade, we need a clear confirmation at the resistance zone 1.27500 and 1.27580.
Last week it has bounced back as positive risk sentiment returned. AUDUSD is presently making a potential inverse head and shoulders reversal pattern on the 4H chart. When it breakout of the neckline it may be doing a retest before heading upside so you should wait for confirmation before going long.
The price is at a very strong support area , tried many times but couldn't break it , there is a very strong possibility to have bullish trend looking to 152.500.
The market should do a corrective movement before selling, the price is still bearish. That is my opinion.
I can see a bearish trend and the price can rapidly drop to the key level.
A good buying opportunity from the current key level, the price can potentially reach 156.000.
My idea is that EURJPY is going to sell on a 4h Timeframe.
My idea on EURJPY is going to sell on a 4h Timeframe.
My idea on AUDUSD is going for long after the retest on 4h timeframe .
This pair is going up after the retracement on the H4 time frame.
We could see a reversal here on the 1HR chart . Sell time for GBPAUD ON H1
GU is going to sell for a short time frame of 1h. GBP seems to bear. based on my technical analysis.