Price hit the angle of this fan and seems to be primed for reversal. There is also an important divergence on both RSI and MFI. On the fundamental side, USOIL seems to be on a new upward phase and CAD is responding good not only on this pair but also on EURCAD and USDCAD. Good luck, and thanks for your comments.
These last days DXY hasn't shown much strength and the daily candles on oil look quite like it wants to reverse. If those two things align that way, I believe this bat has a high possibility of giving great results. Better wait till the FOMC is settled and watch oil closely as you know this pair is highly correlated. Good luck and thanks for your comments.
After some heavy battering on this pair, bears seem to have found a bottom and action is now bound to the upside. The hammer and the RSI divergence are good signs that this is ripe for a long. I've been watching this wedge for some time now, please watch related ideas. Thanks for your likes and comments.
Oil has been sideways for quite a while and unable to make a new high. Since Opec agreement doesn't seem to have any real effect, it seems that it is now ready for a new bear trend. Note how this two volume indicators show there's been more downward interest even before last daily high. Targets along the pitchfork channel. Thanks for your comments.