KanoFX

KanoFX

GBPCAD has retraced the upward move from last month back down to support at 1.695-1.7. Price has accepted above the 1.7 level and furthermore volatility over the past 4 days has dropped significantly suggesting a large move is coming. The move will more likely be to the upside in line with the major trend over the past 3 months and bullish fundamentals for GBP....

KanoFX

USDRUB has reached a key HTF level 60.5-61. Awaiting momentum shifts on Daily/4H to get positioned long. First target 66.5-67, Second Target 69.5-70. SL at 59.8, below physiological support at 60. Further confluence is that price is sitting on the 200 week ema which has acted as support multiple times in the past.