GBPUSD faces the 1.34 integer mark aboveGBPUSD faces the 1.34 integer mark above and needs to be break out.
At present, the pound sterling is in the form of "Ascending triangle" (the lower low is gradually raised), and the resistance at the 1.34 integer mark above is waiting for the chart to break out.
Two paths
1. Blue dotted line - Can support above 1.3370, shock upward and break through 1.34.
2. Orange dotted line - Fall to above the downward trend line, about 1.3340 above, aftershocks, then break upward.
30min
GJs BULLISH MOMENTUM MAY HAVE DIED...GJs price has been moving quickly into Bearish territory. We had a recent close over 2 MAs followed by a bearish moving average crossover. As an added confluence, price is currently testing a 1HR box region. This zone stands as an important level because, price rejected & reversed during its last encounter. A close below would signal a Bearish sentiment. Target area would be towards the bottom of the Trend channel. If price fails to close below the zone, i'm expecting a retrace towards $137.100.
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CADJPY SHORTMarket has been in range for sometime now. On a 30 minutes time frame, price has broken a major resistance level and my RSI(14) is indicating the market has been overbought. Confirmation to go short is when RSI comes back to break it's 70 level support zone. Be smart with your stop loss and take profit folks.
KEYUSDTPossible quick scalp trade on the 30 minute chart. Wait for formation of a double bottom and place buy order on bullish candle pattern. Keep tight stop loss. Not advice. Good luck.