NZDCAD is trading in a long-term bearish trend. However, the market was consolidating the entire August within a horizontal range on a daily. The support of the range was finally broken last week. It is an important sign of strength of the sellers, and it indicates a highly probable bearish continuation. The prices may go lower at least to 0.7936 support ...
CADCHF formed a cup & handle pattern on a daily time frame. The neckline of the pattern was broken yesterday. It now turned into a strong support. The market may go much higher now. Next resistance - 0.66 ❤️Please, support my work with like, thank you!❤️
USDCHF broke and closed above a major falling trend line on a daily. It is a very important sign of strength of the buyers. Probabilities will be high that the market will keep growing. Next resistance - 0.89 ❤️Please, support my work with like, thank you!❤️
CHFJPY is trading a long-term bullish trend. After the price set a new high in July, it started a correctional movement. A cup & handle pattern was formed. CPI report was a trigger for the buyers to violate the neckline of the pattern. Daily candle closed above that. It signifies that bullish trend will continue. The market will most likely keep growing. Next...
EURJPY is trading in a long-term bullish trend. After it reached 158 level, the market started a correctional movement. The price retraced to a rising trend line and bounced from that. The market is retesting the current high now. If the price breaks and closes above that on a daily, it will trigger a trend-following movement. A bullish continuation will be...