FxInfaz

FxInfaz

USDJPY is trading in a descending channel since Mid-December 2016 I’m Expecting the price to move to the bottom of the channel up to the Low created in June 2016 A smaller descending channel (Supported by Dynamic resistance of 50 Day MA) also seen hence price may continue to move down within the smaller channel

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EURAD has broken an important Support area on Daily Chart (Support Area for Down move started on March 2020) I’m Expecting the price to fall to the next Support area around 1.5276 Price may break the trend line support of Up move started on August 2012 in such a case this move will be the next big Bearish Impulse

FxInfaz

AUDCHF broken major down trends and head up for strong resistance zone

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NZDCHF is on a strong downtrend for the past five years Price stared to move up on mid-march 2020 forming an ascending channel I’m expecting the price to break Horizontal and Daily Trend line resistance The first target will be 0.6553 (Long term Weekly Trend Line Resistance)

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GBPUSD started up move in mid-March 2020 Price is on ascending Channel (Bigger Channel) I’m expecting the price to reach up to the High of April 2018 (1.4383) Look for Price Action on Upper Boundary of Smaller Channel If break go long on a pullback

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NZDCAD is on an uptrend since mid-march 2020 Price is an upward channel an above 200 Day MA I’m expecting the price to break resistance around 0.9159 and goes to 0.9510 Target one is high around 0.9264

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Price reached and rejected from upper bondary of smaller acanding chanel also a resistance area I'm expecting price to fall If break a above the resistance area price will reach up around 1.4413

FxInfaz

EURUSD is making a correction to up move starred on March Price Break above 200 Day MA and Trading Above 200 D MA Price also break above down trend stared on April 2008 on Monthly Chart I’m expecting price to continue grow up Target is monthly and weekly S&R area between 1.24363 and 1.25580 Look for Buy on Lower TF

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Gold is moving within Descending Channel 2 Different possibility as for now

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AUDJPY is making a correction (Falling Channel) of Impulsive up move started on 20th March Price break above 200 Day MA, which also broken the down trend stared on September 2017 I’m Expecting Price to break upper boundary of the channel and goes up to 84.00 level (High on Dec 2018) Look for Short Term Sell Around Upper Boundary of Channel (C- Leg of ABC...

FxInfaz

This is an update to idea shared on 9th November Link: Price is moving in downward channel within a bigger structure Last week price fall from top of smaller channel I'm expecting the price will revers from bottom of bigger structure however if price breaks below the lager structure it may fall up to low at 119.23

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Price is moving within a triangle pattern (once beak out of the structure on daily) Price was unable to break strong horizontal support area on daily as well as weekly chart I'm expecting XAUUSD to go up

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this is the lower time frame analysis of last week Long trade (Daily Chart) i'm already in the trade u can either wait for 1hr flag to break up or can enter at bottom

FxInfaz

Price is moving in nice ascending channel, price already broken and test previous resistance around 137.81 I'm expecting price to test at least high on 142.74 or make a new high within the channel

FxInfaz

Big impulse is coming Enter Buy when Bullish Flag breaks, look lower time frame for entry

FxInfaz

Price is now on upper trendline of falling channel, if trend line resistance hold Short this pair, if trend breaks buy on pullback, check lower time frame for entry. Price already rejected once from there so i will be looking for sell

FxInfaz

clear break out of support zone, look for sell on bull back

FxInfaz Updated 

Possible movements of USDCAD