Have a look at NZDCAD. After a strong bearish wave that initiated at the beginning of January, the pair was consolidating for 2 weeks. Friday's NFP was very bearish for the pair and the market set a new lower low lower close on a daily, violating a key horizontal support. It may initiate a new bearish wave. Next support - 0.8115 ❤️Please, support my work...
GBPNZD formed a double top formation after a test of a key horizontal daily resistance. We saw a strong rejection from the upside yesterday. It makes me think that the market may drop lower soon. Next support - 2.0615 ❤️Please, support my work with like, thank you!❤️
Price action analysis for USDCAD. Important key levels. Bearish outlook explained. Trading recommendations given. ❤️Please, support this video with like and comment!❤️
We got a double bearish breakout on AUDCAD. The price violated both a solid rising trend line and a wide horizontal demand area. We see a very nice rejection after a retest of a broken trend line. It makes me think that the pair may drop much lower. Next support - 0.878 ❤️Please, support my work with like, thank you!❤️
GBPCAD is trading in a bullish trend. The price formed an ascending triangle formation and violated its neckline with a high momentum bullish candle. That is a strong trend-following signal. We can anticipate growth now to 1.725 level. ❤️Please, support my work with like, thank you!❤️
AUDNZD broke and closed above a key daily horizontal resistance on Friday. We see the retest of a broken structure after the market opening. Due to a positive bullish reaction to that, probabilities will be high that the growth will continue. Next resistance - 1.0815 ❤️Please, support my work with like, thank you!❤️
GBPJPY violated a resistance line of a wide horizontal range on a daily yesterday. The release of the CPI data increases a bullish pressure. Chances are high that the growth will continue. Next resistance - 188.28 ❤️Please, support my work with like, thank you!❤️
After a strong bearish impulse, EURCHF was consolidating for 2 weeks within a narrow range on a daily. Yesterday's CPI report triggered a bullish reaction on the pair. It managed to violate the upper boundary of the range. I think that the market may start a correctional movement now. Closest resistance - 0.94 ❤️Please, support my work with like, thank you!❤️
EURAUD finally managed to violate a solid 1.623 - 1.630 demand zone. After multiple breakout attempts, the pair closed below that structure. It now turned into a supply area. We may expect a bearish movement lower. Goals: 1.603 / 1.590 ❤️Please, support my work with like, thank you!❤️
NZDCAD is trading in a long-term bearish trend. However, the market was consolidating the entire August within a horizontal range on a daily. The support of the range was finally broken last week. It is an important sign of strength of the sellers, and it indicates a highly probable bearish continuation. The prices may go lower at least to 0.7936 support ...