Giving the weekly oil rally, I believe CAD will go higher relative to a neutral CHF stance in the global markets. What's more, with Swiss negative rates and CAD positive rates, going long this pair would be worth holding several months just because of the interest rate differential. Many times rates are in the "wrong direction" of the trend in which you wish to...
(1) Resistance breach (2) Supply attacked (3) Price momentum moving up past horizontal resistance Plan: enter now or trade pullbacks
A clear Head and Shoulders pattern on the daily chart of USDJPY, pointing in the down direction. The probability is that market participants will send it falling further down in the coming days to weeks unless something jumps out to break the pattern.
Quite late publishing, but I still feel that there is a little more room to the down side at least 40 more pips to the 0.6800 area of support.
GBPJPY is currently in a snake-like spiral down, but if it breaks out at level posted on the chart, then we shall go long.
EURUSD formed a clear pattern to go long
NZDUSD is falling and we are following it down....
It looks like AUDNZD is resuming its mid-term uptrend. So, time to get in.
some divergence trendline broken breach of support heading south for a while
Putting in a pending order to short GBPUSD based on the chart.... targets, entry and stop is on the chart.