GBPUSD has taken Support on October 2016 Plus in Weekly time frame, we have Found Inside bar pattern which has Breaken upside of Mother Candle.
Note: This is only for Educational Purpose this is not Investment advice.
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USDCHF weakens on strong sell-off following its intra day price rejection on Friday. Resistance comes in at the 0.9800 level. Above here, resistance lies at the 0.9850 level and then the 0.9900 level. Further out, resistance stands at the 1.0000 level. On the downside, support is located at the 0.9700 level with a turn below here opening the door for more decline...
The EURUSD has had a prolonged downtrend with lower highs and lower lows and then began to range at the support zone of 1.1065 which we get form the daily chart. It failed to break below this level to confirm a lower high on the daily chart. You can see on the daily chart we did make an engulfing candle.
However, I approach it with market theory. Markets only...
CADJPY is currently in a correction phase of it's downward journey to support.
It is a matter of time before the downward trend continues, and I think bullish strength is weakening at support.
Will the bears prevail?
Dont forget, only enter if price action permits.
US30 Has successfully filled its "gap" caused by this ongoing trade war *cough cough - excuse*
And now we are seeking liquidity at the lower levels before we get confirmation of the trade setup we are looking for to see price make a new all-time high. Right now my eyes see 25800 as a significant area however I am expecting further consolidation...