CADCHF needs to decide whether to continue its decline or change upwards. 50&200 SMA indicates overall bearish but RSI suggests downward momentum is depleted. Breaking above 0.7360 will indicate upwards momentum. Breaking down 0.7316 means further decline is at hand.
Bearish bias continues in AUDCAD. If the price can't break the resistance 0.9200 we can see it fall down to 0.9110
GBPUSD broke below the ascending line since the beginning of October. In 1D timeline we can see that it follows a horizontal channel and 50MA/200MA crossover signals downward momentum. Furthermore, RSI stays below %50 indicating downwards move is at hand. Our final target is 1.3430 Please be generous for leaving a comment and hitting the 👍 button as it...
CADJPY broke below a strong support indicating further decline. Now let's wait for a retest of 91.45 as a sell opportunity.
AUDCAD broke above the descending channel and retesting the support 0.9226. We can see the currency go up to 0.9317.
AUDCAD is moving in a slightly descending channel and is touching the upper edge of that channel. Breaking of the strong support 0.9285 and RSI going below %50 confirms the downward momentum. We have a selling opportunity and can see the currency go down to 0.9094 Please share your valuable comments and 👍 if you like this idea 🙂
AUDCHF is trending on an ascending channel. A breakout of the resistence 0.6774 will confirm upward momentum up to 0.6924
AUDCAD broke above the descending line and 1D RSI indicates downwards trend is weakening. We can expect the currency to rise up to 0,9750. 📅 Check the economic calendar before acting 👍 Likes & comments are welcome
A breakout above 120.600 will be a confirmation for the uptrend. Target is 124.050 📅 Check the economic calendar before acting 👍 Likes & comments are welcome
AUDUSD broke below the ascending base line. Also 1H RSI is going below %50. Breaking down the strong support 0.7483 will verify the downward momentum. Please be generous for leaving a comment and hitting the 👍 button as it motivates us for publishing more ideas 🙂
NASDAQ 100 came to a squeeze and needs consolidation, is about to break below. I suggest WAIT for consolidation and then BUY from the supports as general sentiment is bullish. 📅 Check the economic calendar before acting 👍 Likes & comments are welcome
AUDNZD is following a descending channel, hit a strong support and bounced back. RSI divergence and >50 RSI indicates upwards momentum for a BUY opportunity. Our next target will be 1.06643. 📅 Check the economic calendar before acting 👍 Likes & comments are welcome
USDCAD reversed its bearish sentiment as it broke above the descending line. 50&200 SMA crossover on 1D chart will be a confirmation to this bullish setup. The final target is 1.4690. 📅 Check the economic calendar before acting 👍 Likes & comments are welcome
The currency pair is coming to a decision point as it is squeezed between the orange lines. We can enter swing trades using Bollinger Bands or wait for a breakout outside the orange channel. 📅 Check the economic calendar before acting 👍 Likes & comments are welcome
AUDCAD is moving in a descending channel since Mar 2021 in macro and also since Jul 2021 in micro view. Ichimoku and SMA indicators show selling is favourable. Target is 0,9072. 📅 Check the economic calendar before acting 👍 Likes & comments are welcome
EURTRY broke above the descending line as Turkish CB did not decrease the interest rates, however even higher rates is necessary. I expect the currency to rise up to 10.6035 📅 Check the economic calendar before acting 👍 Likes & comments are welcome
EURCAD is moving in a straight channel and moving inside a large 1D Ichimoku cloud. If the price can't break above the orange descending line, we can see a continuation of the downward move to 1.4618. 📅 Check the economic calendar before acting 👍 Likes & comments are welcome
EURCHF broke below the descending channel and 1D 50 SMA crossed below 200 SMA, which indicates further decline. I expect the pair to go down to 1.0580. 📅 Check the economic calendar before acting 👍 Likes & comments are welcome