Looking at OANDA:NZDCAD from the 4HTF we see how price tested the zone at 0.83780 , Price approach it In a corrective manner showing the low momentum in bulls power.
The zone at price 0.83780 holds, resulting to a double Top pattern.
And at 0.83573 also we can see how price react to it, moving out of this area with high momentum.
Currently the pair is...
The key events for the week are concentrated mainly between Wednesday and Friday.
In the United States, the focus will be on January jobs data and speeches by Federal Reserve officials. The most important of the bunch is of course Federal Reserve Chair Powell two-day testimony in Congress on monetary policy starting Wednesday. Traders will look for cues...
NZDUSD - Market Take Support for Weekly . Day timeframe wait for reversel And Breakout trend line .
Entry -0.61600
Target - 0.63169
Stoploss - 0.60000 Entire Zone breaks
Hello Traders, here is the full analysis.
The completed correction, hint at the continuation of growth. GOOD LUCK! Great BUY opportunity USDCAD
I still did my best and this is the most likely count for me at the moment.
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Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity CADJPY
I still did my best and this is the most likely count for me at the moment.
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After breaking the short-term trend line of one hour and four hours, there is a possibility of price increase to the range of $2060. (This is a personal opinion)
DXY recently had its massive rally to the UPSIDE which imo is a CORRECTIVE MOVE. We are expecting DXY to make its first LEG down this week or have its FULL DROP next week.
How does this information about US DOLLAR help?
IF USD goes DOWN, xxxUSD rallies UP. It is important you understand the US DOLLAR before engaging in any xxxUISD pair.
How do we FRAME the...
Gbpusd surely Fall down
The UK fell into recession in the second half of last year after GDP figures for the fourth quarter showed a steeper contraction than expected.
While a recession was expected ahead of the release, the fourth quarter number was slightly worse despite December performing better than anticipated.
The UK has been flirting with recession for...
As DXY (US DOLLARS) continue to rise, we expect xxxUSD to have some SELL off and that includes GPBUSD as well. right now we expect, GBPUSD to SELL all the way down to the PREVIOUS LOW about 200pips drop from where we are right now.
#1 - We expect price to drop from here with SL close to the AUTOMATED KEY ZONE ahead.
#2 - We expect GBPUSD to push a little then...
Hey Traders,
Check this analysis out on AUDUSD. The pair had been ranging for quite some time before it broke below the support, followed by an actual smooth pullback.
Provided that the price remains below the support, I will look for a nice short trade.
Keep a close tab on this one.
FX:GBPJPY I have determined the harmonic pattern target on the chart; I wish you success.
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Feel free to post your ideas and questions at the comments section.
Good luck
Hello Traders, here is the full analysis.
The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity USDCAD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or...
