Umer1922

Umer1922

i believe CAD/USD will drop from here because of both fundamental and technical , USD is on a pull back because of settlement of trade war with china and Korea, CAD is under pressure because of bad data, technically CADUSD has formed bearish continuation wedge upper line of the wedge has been rejected by good price actions, and price is respecting strong key level...

Umer1922

correction wave of previous impulse now testing Fibonacci 61-78 and key support level if it gives and good price action rejection it will move up aggressively

Umer1922

eur/usd is now retesting the broken wedge , and line of wedge also holds an important key level , if price is rejected with good price action sign , eur/usd will turn bullish

Umer1922

gold is on retracement can be sold for some good pips but do remember its against the trend

Umer1922

a possible setup of gbp/usd

Umer1922

i am taking a little more risk of entering now but this candle close will decide a better option i see it as short

Umer1922

price has just returned from the trend line

Umer1922

i seems buy to me beacause markt is respecting 61% febonachi waves are almost completed usd index is going weak