GBPJPY longGBPJPY was totaly exhausted trying to go further down, so
what I expect from GJ this week is defitinitely uptrend movement.
Important Supply area with daily resistance is important and major area to break.
Daily trendline is also major resistance, which will try to hold GJ in downtrend.
After breaking trendline + resistance area, i will be looking for buy opportunities same
as on USDJPY (on UJ i expect bigger pullback before move up than on GJ)
Don't forget to trade with proper RM/MM and caution.
Good luck traders! Wish ya profitable week
Buy-setup
USDZAR longUSDZAR is about to makenews highs this and next week!
You can see perfect bounce from demand zone based on H1 timeframe,
Fibo 50% Price Reverzal Zone (PRZ) and supportive trendline.
If USDZAR will break Structure + Resistance + Trendline, we can see big move up in next weeks.
Keeps eye on that.
For the record: USDZAR and USDMXN are only exotic pairs I trade (they make sense and are low-spreaded)
Don't forget to trade with proper RM/MM and caution.
Good luck guys.
Observation of USDCADObserving USDCAD i am here illustrating a net of direction momentum. As unclear i am to how the fundamentals may react with the market, i am keep an eye on the possible swing in direction.
Initially price action decline of .90% Price rejection at the 1.30240 Inclines .70%
DXY- was showing a weak dollar. That is information to consider with this pair. Keep your eyes on Dollar-index as well.
My probability will be a probable Long.
AUDCAD Long 4 hoursWe can see that the price is in the support area around 0.98660, if the buyers could take the control again and reach the break the high of the last 4 hours sideway, then the price should continue going up.
Also RSI around Oversold area
First target around 0.99710
Second target around 1.00413
SL under the low of the last 4 hours side way around 0.98548






















