NZDCAD touched weekly descending channel and now heading back to retest the bottom of the weekly channel.daily price action consolidating and most probably the price could break to the downside. Entry - 90.30 / 90.40 TP - 89.20 / 88.50 SL - 90.80 / 91.00
EURJPY touched weekly ascending channel and now heading back to retest the top of the channel.market completed first impulse and correction phases.now trending again to make the second bullish impulse to the upside. Entry - 126.15 / 126.20 / 126.30 TP - 127.20 / 127.50 / 127.70 SL - 125.80 / 125.60
EURJPY is heading to retest the previous high of the ascending channel.strong bullish momentum drives the price higher. MENTAL STOP LOSS - 126.00 TAKE PROFIT - 127.49
USDCAD heading to the bottom of descending channel.Price already retested highs ( 1.34596) of the descending channel.OIL also going up helping CAD to become stronger.
USDJPY trending below the ichimoku cloud .indicating strong uptrend towards 114.00 psychological area. 1D Time Frame Analysis forecast Kijun Sen Trend Upwards Senkou Span below the price ( Cloud Green ) Chikou Span Trend Upwards ( Above the price ) Tenkan Sen Trend Upwards All Confluences are confirming a strong Uptrend. Trade Entry : 113.19 SL :...
AUDUSD trending below the ichimoku cloud.indicating strong downtrend towards 0.7150 4HR Time Frame Analysis forecast Kijun Sen Trend Downwards Senkou Span above the price ( Cloud Turning Red ) Chikou Span Trend Downwards ( Below the price ) Tenkan Sen Trend Downwards All Confluences are confirming a strong downtrend. Trade Entry : 0.7250 SL : 0.7275 TP : 0.7175
USDCAD already broke the rising channel support and heading back to previous 4HR supply area.Sellers can override buyers and further down move can be expected.
USDJPY Broke the Daily Ascending Trend Line and Heading to 109 Area.Bears are in Control.There's a potential to go back to previous Daily Swing High 113 Area. OANDA:USDJPY