CaptainKirk

This correction looks to be coming to an end and we may see a break out Bullish 3-3-3-3-3 pattern almost completed

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Looks like a nice retest of trend line resistance and a short squeeze Major demand zone around $43

Long term forecast for usd/cad.

We are going long GBP for this pair. There is clear divergence on the daily chart and weekly indicated with the white lines.Our stochastic's look good for a long as well. As well we have big support here with the triple bottom. The price has been tested 3 times and is holding. More to see on the weekly Entry 1.7726 with the target being around 1.89

Wait for the break in EUR/USD to confirm going long or short on this pair. I always consider both directions when trading but from the looks of it I am biased that this pair is bearish!

If this weeks weekly candle closes above the 20 EMA. I will be looking for a retest of the 20 EMA. Once the following candle retests the 20 EMA this confirms a buy for me towards a price of 1.35. Stop loss will be under the 20 EMA.

My analysis!

Keeping a close eye on USD/CAD. This pair is still looking quite negative with 5 consecutive weeks of declines. Price is sitting on the 100 EMA. If the price breaks the 100 EMA and closes under in the following week we may see fresh declines all the way down to the 1.21 price range. Also Oil is still looking strong with higher high's further boosting the Canadian ...

AUD/JPY is testing the resistance at the 86 level for the 4th time on the 4 hour chart. If resistance breaks possible long opportunity. If not good short opportunity.

Looks like there is good indication of more down ward movement on this pair. Not much support bellow this area. Short on break.

Going short in this pair. Shorts are still viable at this time. The pair looks very negative. As well JPY has been the strongest performer.

Possible Short entry if price closes below and holds trend line. Looking to see a death cross form. Although it is far too early to tell.

Hello, kind greetings to everyone. Looking to get in on a USD/CAD Long, in the next day or so. Orders around the 1.3130-1.3140 level.