The overall momentum on this pair being bearish, we could see a continuation of this trend and a drop back to the 1.45798 lows
Beautiful long setup on this pair with 1.31386 for 1st target then 1.3300 once price makes it above that resistance
Beautiful chart well lead out on USDCAD. 1-Downtrend overall 2-Major support just turned resistance 3-First retest of new formed resistance 4-Head n Shoulder pattern Anticipating a continuation to the downside once this retest is complete!
a Strong break out of a 48d range. We could now look forward to a retest then go long
Gold not going below 1815.03!!! watch that price for any bullish price action. Final destination for this bullish analysis around 1873.20
Price just broke above resistance after a 20 days range. We could expect now a further push to the upside after a retest
This pair showing great bullish potential on the H4 time frame but also in compliance with the Weekly and Daily showing strong bullish momentum. Watch and wait for a break above the resistance for a further push to the upside
strong pullback to resistance for a retest wait for a violation a close back below
After a failed second retest met with strong rejection, this pair could drop long as the bearish momentum remains strong
Many bearish confluences on this chart from the momentum to the head n shoulder and the double top. A failed attempt to break above n out the descending trendline to finally close back below it.
Short biased on this pair. 1793.70 is the price to watch. Any closure and break ABOVE that price would change everything
waiting for tomorrow for the final move, we could have the confirmation of what is looking like at the moment like the beginning of a new trend in the upward direction up until the long term descending trendline
A strong break below an important price support. Price clearly returning for a retest and could push up to 0.74785
Multiple failed attempts to get back up and passed 0.92555.Every bulls attempts have been met with strong rejections. If the momentum stays that way then we could have a very nice sell trade on this pair
an IHnS price pattern formation on this pair. We could see price bounce off of this support and resume its up movement
We had a strong push from the bulls yesterday and broke above 0.93240. if this momentum continues then 0.94336 could be the next target.
The highest price was retested and price was met with a strong rejection whose momentum may carry this pair further down to the next major support
As stated in my previous analysis's of this pair, we have finally reached the neckline of this HnS pattern and price seems to have met resistance. However knowing how Gold behaves it could be a little too soon to hop in and take the short as price very well may try to retest 1787.13. So apply caution!!!!!!