peenzorg

peenzorg

We are expecting the market to move up and go to retest the neckline which is labeled by the orange horizontal line Good luck

peenzorg

The market broke up the orange line and now the market is retesting the orange line and there is a high likelihood of a bullish trade We will keep watching when to capitalize on the move Good luck

peenzorg

The market seems bearish. Let's keep watching for further confirmation Good luck

peenzorg

The market is showing a possible bullish move we are waiting to see more confirmation before capitalizing on the move Good luck

peenzorg

The bullish move seems to be weakening. We can expect the move to the downside. Our overall target is the yellow horizontal line Good luck

peenzorg

The market is indicating a possible bullish move. The market also formed a monthly bullish wick which we are expecting the market to try and fill. So let's see how the market will behave Good luck

peenzorg

Seems the bullish move has lost momentum. We are expecting some bearish move upto the orange horizontal line Good luck

peenzorg

This market is interesting we have to relate the move to DXY below is the link to the DXY analysis Now the USDCAD move will depend on how the DXY move will make. If the DXY makes a move to the upside as shown in the chart above then we can expect a bullish move. Another thing in the intraday timeframe seems the bearish move has weakened let's see how the market...

peenzorg

A wick was formed in the previous candle. Normally when you see a wick you would expect the market to go and try to fill in the wick. If the market makes this move we expect it to move close to the yellow line as shown by the arrow in the chart or even break the weekly resistance all together Good luck

peenzorg

Seems the market is forming a bullish move Good luck

peenzorg

There will be a slight bearish move before the bullish move we have to be looking at the market to see when the change occurs Good luck

peenzorg

Now we can see the market is showing a possible bearish move. However, we have to keep watching to see if the market will respect the current daily support Good luck

peenzorg

We have to be careful with this bullish move. Seems the USD is becoming weak let's keep watching to see if the USD will strengthen for the bullish move Good luck

peenzorg

we can see that the bearish move has weakened. We are waiting for further confirmation before capitalizing on the move Good luck

peenzorg

The market seems to be ranging in the daily timeframe this means a possible continuation of the bearish move Good luck

peenzorg

The green horizontal line is the resistance that is common in monthly weekly and daily timeframes. This means it has a strong structure. You can see the bullish momentum is weak by the candles printed in previously. We need to see a gain of momentum from a bearish move so that we can capitalize on the move Good luck

peenzorg

We are expecting to see a push to the upside to retest the orange line. Good luck

peenzorg

The move by the price action of yesterday we can say there is a high likelihood of a bullish move Good luck