Yesterday I went short EURUSD right around 1.12500. Previous structure high, fit my rules, and had a high risk/reward opportunity. Look to see if it retest this same area again! All the best.
EURUSD above 1.09000 right now. This is a major support/resistance level. Be interesting to see if it stays above and continues to be bullish!
AUDUSD has just been trading between 0.75000 and 0.760000. Not much going on, guess we will just have to watch this pair and see if a significant move happens in either direction.
USDCAD broke above 1.35000 which was a huge resistance area. However, it's entering into the kill zone on the daily right above 1.35400. I would watch how price reacts in that area! Have a good weekend everyone.
Major support level broke for the EURUSD. It was really consolidating all week and slowly made slower lows. I would look for further downside if it fails to break back above!
AUDUSD has been in a downtrend. This is the 4h chart, but you can even see it more clearly on the 1h as well. Watch for a close beneath .75000 as that is a major support level here. Be interesting to see what happens over the weekend and on Monday!
As you can see by the chart, AUDUSD has really been consolidating between 0.7500 and 0.7700 for quite awhile now. It's in the middle at 0.7600 right and I am going to be watching it carefully to see if it makes any significant moves up or down to decide what trade to take. All the best!
USDCAD Consolidating between 1.34000 and 1.30000. Look for a break and close above or below these areas!
The bulls have taken over the USDCAD for the past week. However, it is coming into key resistance between 1.35500 and 1.36000 . It has been unable to break above this key are twice in the past, therefore I will be looking for a short opportunity here. All the best!
I would not trade this pair with my future mother in laws money right now, and that's saying something. The past week or so it has been consolidating between 1.25000 and 1.24000. I would look for a break above or below any of these points before you decide to trade it, since not much is happening with the pair otherwise. All the best!
This is a strong support level for the EURUSD. It held this support yesterday, but if it breaks below, I myself am going to definitely go short. Also, perfect time to actually use the eye on the chart haha. Happy trading!
USDCAD recently broke this downtrend on the 4h chart and is still above the trendline. It seems to be a base of support at the moment, but watch this carefully and make sure it stays above before deciding to go long. All the best!
For the past couple of weeks, the AUDUSD has been trading between these two price points, 0.76000 and 0.75000. Watch for a break of either of these price points, and decide whether to go long or short from there!
The USDCAD has been holding this trend line for what seems like forever. However, it hasn't recently broke and closed below it. Now would be a smart time to go short, as long as that follows your trading rules and plan! All the best
As per my last post, I stated watch and see if it breaks the trend line. It did hold it last week, however, now it has broken and closed above it!
The AUDUSD held it's current downtrend on the daily chart this past week. It tested the trend line, but failed to break above. As long as it stays below this trend line and continues to be bearish, I would remain short All the best!
USDCAD has been holding this trend for awhile on the 4 hour chart and daily chart. Watching this, so far it held and closed above on the 4 hour and daily. We will see on next week whether to go long or short! Have a good weekend everyone.
The USDJPY is in correlation with the US Dollar Index. It was recently been in a big uptrend, but has recently began to reverse. Not sure whether its going to continue to be bullish or bearish, all I'm saying is to watch how these to move in synchronization with one another . Happy New Year!