Hanyson

Hanyson

- Previously we've seen that AUDCAD had been bullish but somehow unable to break the current resistance zone many times now. - Few candles had closed in the upper shadow of the previous rejection candles, a sign to me that it was trying to break higher - I will wait for a breakout to go long.

Hanyson Updated 

- Last week the price had broke it's support around 132.000 and then recovered to around 133.000 - However for the first two days of this week the seller's momentum brought the price further south - We could see a bounce up to 132.000 again and should wait for price action there to go short, and if that happens our first TP should be at the latest support around...

Hanyson Updated 

- Last week, EURUSD started to go north after forming a double bottom - After the 1st breakout, it retest the 1st resistance becomes support (RBS) zone and it continues to climb up higher and made a 2nd breakout in the H4 timeframe - It then drops to retest its 2nd RBS zone around 1.0900 where we could see buyers start to come in. - If the USD continues to weaken,...

Hanyson Updated 

- On Tuesday 7 April we could see that the USD is losing against Yen but managed to recover early on Wednesday morning before continue to drop again later - We could see that the price is still holding it's critical support zone for the time being - I would like to go short for the pair if the price manage to close below 108.500

Hanyson

- I'm monitoring the price action around this support zone - If the price managed to break lower, I would prefer a short entry after it retests the support becomes resistance zone.

Hanyson

- USDCAD is currently moving sideways as traders await the outcome of OPEC Meeting and CAD Unemployment rate today - The pair has a bearish movement on 7 April but somehow recovered yesterday on 8 April - The price has failed to break it's lower support zone around 1.4000 twice - If the price breaks the upper trendline I would prefer to go long on this pair,...

Hanyson Updated 

- On Monday, price break resistance, retrace beautifully and then continue its upward momentum on Tuesday. - Today is Wednesday morning, price drop and inverted hammer is formed at H1 previous resistance becomes support zone (SNRZ), if rejected will strengthen the zone to go long on EURJPY.

Hanyson Updated 

- Price breaks the H1 upper trendline and the previous support become resistance zone. - Will look for buy around 1.0835 until 1.0920