#CADJPY - CADJPY is currently being BUY very well due to the current MARKET SENTIMENT. So CAD automatically went up. And as expected, a JPY WEAKNESS came in the last few weeks. This was because the Bank of Japan did not continue to intervene to strengthen the JPY. Meanwhile, CAD has become very STRONG in the last few days due to the increase in OIL prices. ...
USDCAD Intraday - We look to Buy at 1.3475 (stop at 1.3415) Previous support located at 1.3550. Previous resistance located at 1.3600. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 1.3595 and 1.3600 Resistance: 1.3600 / 1.3650 / 1.3700 Support: 1.3550 / 1.3500 / 1.3475 Please...
Price has broken support of a rising channel and the dxy is very weak. I will be shorting this pair as market structure is picture perfect and the previous swing low has been broken. here is the play i will be taking on this trade: Entry - 1.36561 SL: $ 1.37106 54 PIPS PT: $ 1.34731 183 PIPS
USDCAD - Intraday - We look to Buy at 1.3100 (stop at 1.3040) Previous support located at 1.3150. Previous resistance located at 1.3200. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 1.3200 will confirm the bullish momentum. Our profit targets will be 1.3220 and 1.3250 Resistance: 1.3200 /...
As part of a series of short videos, this is just an update explaining where we are in terms of seeking to scalp the bearish landscape for the day ahead. It also talks about the gold trade that we got triggered into as the US dollar bulls take profits and pack up for the day ahead of Frankfurt later on. we want to see dollar supported, or otherwise, it all goes...
USDCAD - Intraday - We look to Sell at 1.3000 (stop at 1.3050) Previous support located at 1.2950. Previous resistance located at 1.3000. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.3000, resulting in improved risk/reward. A move through 1.2950 will confirm the bearish momentum. Our profit targets will...
From here you can short USDCAD after we filled the imbalance and on the Lower TF we created a change of character to go short now. You can enter the trade now. Entry:1.29027 SL:1.29500 TP1:1.27580 TP2:1.26560 TP3: 1.25880 please like and comment what you think!
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price can touch SUPPORT. Wait for a reversal candle . Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be...
USD CAD has formed a strong weekly bullish trend. Price is on the go to test 52 weeks high 1.29 level again .Good to go long when the opportunity arises with proper risk management . SUPP - Engulfing bull candles MA crossings upward
Hello Traders, We've noticed a massive correction in USOil a few days ago as sanctions increase for Russia. Could this just be a pull-back for oil? Time will tell however, we could see its' relative yen pair correct as well this week. 89.800 levels OANDA:CADJPY
USD – The dollar index dipped in choppy trading on Tuesday as investors awaited inflation data on Wednesday that will be the next major indicator of whether rising price pressures are accelerating and whether the FOMC would need to take action sooner than anticipated. Indeed, TD Securities argued that “Looking for any sort of major moves ahead of the US CPI...
Welcome back! Please support this idea with a LIKE and COMMENT if you find it useful. ***** A bullish break above 9335 will signal potential increase to the upside. Movement back to support would be an ideal long for KiSS 2.0 strategy, scalp and intraday. Be sure to follow the entry criteria rules for your strategy and keep this on your watch list! What are...
After price breakout from the falling channel, this looks like a retest after which we'll be longing the market with proper risk and trade management in case of sentiment shift. THANKS AND GOODLUCK. Please, do like, comment and follow for more analysis.
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price given a breakout and done its retest. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing...
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price given a breakout and done its retest. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing...
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is close to its RESISTANCE. Wait for the upside breakout . Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will...
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price broke from its DESCENDING CHANNEL. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing...
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price broke from its TRENDLINE RESISTANCE and did a RETEST. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be...