NZDCAD is nearing a support area. If price can break through and close below the lower Bollinger Band, I will enter short. There is a strong Bollinger Band squeeze on the 4H time frame. RSI was recently overbought. TP levels set at fib retracement levels; 50%, 61,8% + 100%.
EURCAD has successfully broken through and closed below the lower Bollinger Band. RSI was recently very overbought. Price failed to create new highs and closed strongly through the middle Bollinger Band closing below the lower Bollinger Band. I expect price to re-test previous lows. Daily TF POV is linked to this idea.
EURCAD is forming a strong reversal pattern on the daily time frame. RSI recently overbought on 4H chart. Price failed to break above support. BB squeeze formed on 4H chart. I will enter short after 4H candle breaks through and closes below the lower Bollinger Band . TP Set at previous lows
USDCAD appears it will close above the middle Bollinger Band. I will enter at the open of the market on 1/20/2017. RSI is above 50. SL set below previous day low at 78 pips. TP set at 246 pips near previous highs.
CHFJPY is currently breaking out of a very strong Bollinger Band squeeze. I have entered upon a bearish impulse. TP set at 249 pips near previous lows. SL set at 80 pips. I expect price to continue through resistance to previous lows as marked.
EURJPY is currently breaking out of a very strong Bollinger Band squeeze. I have entered upon a bearish impulse making new recent lower lows. I expect price to continue to drop to previous lows as marked on the chart. TP1 has 1:4 RRR at 345 pips. SL set at 80 pips.