Several posts on USDCAD price action here, but it is highly probable that when there is a break of the parallel channel it will resolve to the downside. We have several target below. Our main focus is the 1.2238 level.
We are bullish NZD/CAD going into the new year, and this forex pair has one of the best early opportunities of 2018. Looking for almost 300 pips on this expected bullish move. Long from 0.8916 and looking for the 0.9213 level for our target.
Over the next month or two, we should see price action move higher. The trend is higher and momentum should carry price action higher as well. The big move higher from the beginning of the year is not over yet. We are looking for the 1.2168 level.
A very nice year end trade here with GBPUSD. We like being long from these current levels of 1.3405 and looking for a move higher to the 1.3877 level as our target. The trend is higher, so let's ride it...
The trend is higher for AUDUSD, so we are taking advantage of the trend four about another 100 pips higher. We are bullish. Looking for the 0.7908 level as the target and the 0.7669 should be the stop level for those that need it.