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Possible break out on NZD/JPY
NZDJPY
, 1D
Long
NZDJPY: Possible break out on NZD/JPY

Using the 1D chart, we could see a bull flag forming. This shows possible reversal for an uptrend. Wait for your confirmation candle and trade wisely. Not all momentum produces uptrend.

Price action reversal on the USD/ CAD forex.
USDCAD
, 60
Short
USDCAD: Price action reversal on the USD/ CAD forex.

Looking at the 1H chart for the trading pair USD/CAD, it is easy to see that the pair has formed a pattern of heads and shoulder indicating trend reversal to a downtrend. Also with current speculation of the current dollar inflation pointing towards a regression I’d advise you trade wisely.

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