Raz1

Raz1 Updated 

The USDCAD seems to be going in an uptrend on a daily chart. Looking for long opportunities here. Also be aware of news on the dollar and cad this week as it can affect the way the market behaves. Hope you all have a good trading week, please trade at your own discretion and good luck :)

Raz1 Updated 

CADCHF has broken the trend line and is retesting it. Possible short position here.

Raz1 Updated 

Here is a daily chart of USDCAD, as you can see, it seems to be making a trend cycle. If the daily candlestick ends as a doji it could be a possible turn in direction and a chance to short. If this happen, this short would probably be a retracement before continuing up. Please trade using your own discretion.

Raz1

The EURAUD has been ranging for a while. I believe it has hit the bottom of the range where support is and is looking to go upwards. Also the parabolic SAR indicators are giving indications of a buy.

Raz1

This is my USDCHF idea for long, I know last week it has been somewhat bearish , I think it is now hitting resistance and looking for way up.

Raz1 Updated 

From what I see, two spinning tops formed at the bottom of what could be the neckline of a potential head and shoulders formation, indicating there may be a reversal of direction. I am waiting on some more bullish confirmation from the daily chart however you may find some good long opportunities on a shorter timeframe. Good luck and please trade at your own discretion.

Raz1 Updated 

GBPCAD has formed an ascending triangle. Usually these patterns represents a bullish trend however in this case, it is hard to tell and the possibilities of direction can go either way.

Raz1

If EURUSD breaks out, wait for a bounce back before going long. Alternatively if EURUSD falls off the resistance, wait for another attempt to break through. This is a short term trade on a daily chart. Weekly Chart View: The weekly chart view shows possibilities of EURUSD falling further down. Please trade at your own discretion.

Raz1

Regardless of Brexit or not in my opinion I believe that GBP has been in a downtrend since 2014 and would have met the current value of GBPUSD0.47% at what it is now, sooner or later. Brexit just happened to help reach the goal faster. I believe there is more short side to GBPUSD0.47% in the long term where we can meet our all time low before going back up.

Raz1

NZDCHF has been falling for a while, it has finally reached the bottom and started retracing. The price is currently on the fib level .382, this could mean a potential reversal in direction, causing a short move. There also may be bullish interest as the price have kept closing over the 20, 50 and 200 moving average. Keep an eye out on this trade.

Raz1 Updated 

NZDUSD has formed a flag formation on the 1 hour chart timeframe. Monday 25th July 11:45pm GMT time there will be news about New Zealand's overseas merchandise trade; having medium impact but not expecting it to affect the currency. The stochastic indicator is yet to go up but once the two moving averages are in the overbought zone and crossover, it'll be a good...

Raz1 Updated 

As you can see a small trend line on the daily chart, every time it hits the resistance it comes back down to the trend line before going up again. For confirmation I shall wait for a few bearish signals including bouncing off the bollinger bands, hitting resistance and a swing high. If the USDCAD swings high short to 0.0112 and place a stop loss of...

Raz1

With the Japanese Yen looking very strong right now and the GBP looking bearish you can see a downtrend has formed in the GBPJPY weekly chart. Right now it seems as if it is in phase two of the downtrend cycle. I personally would be wary about the fundamentals, as some news are to be released related to JPY and GBP throughout this week. I would look to short...