OANDA : EURUSD
Since the Weekly closed in Bearish momentum therefore this week should theoretically be Bearish movement .
Daily closed in Bearish Doji which showed indecision although Bears had some control.
4 hour time frame shows Consolidation with long wicks at 1.18 Psychological level which could indicate Push up to next Psychological level.
However, ...
OANDA : USDCAD
Since the Weekly closed in Strong Bullish momentum therefore this week should theoretically be Bulish movement . However, I expect price to retrace on the lower time frame s.
The Daily candle closed in Bullish Doji momentum which showed that the Bulls managed to be in control
4 hour time frame shows that price could push higher before...
OANDA : GBPUSD
Since the Weekly closed in Strong Bearish momentum therefore this week should theoretically be Bearish movement .
The Daily candle also closed in Strong Bearish momentum which showed that the Bears are really in control.
4 hour time frame shows that it is respecting the strong Daily Trend Line that is showing a Downtrend although there is a...
OANDA:GBPUSD
I expect price to come back down to 1.3800 to create a Lower High and move up to 1.3900 by creating Highs and Lows and ultimately move to 1.4000. Why? Well that's because Price has gone past the previous Daily Lower Low and Price has broken the 4H Trend Line on the 1H time frame. I will be looking to enter when I see rejection at 1.38 on the 15m time frame.
OANDA:EURUSD
I'm expecting EURUSD to retest the Trend Line on 1H time frame around 1.8500 before going up to 1.9500. This is in line with the US Bank Holidays and the weak US Unemployment Rate. Price could ultimately continue to drop once US banks open but in the mean time I'm expecting the Bulls to push EURUSD higher
(This is not financial advice. This is just...
