USDCAD after falling found a good support Short term falling channel is broken signaling buy
DXY is looking to take some correction before next move.
Currently at Channel Top. Wait for either break of channel or some correction to take long positions Bias: Long
EURUSD is trading in Bearish Parallel Channel. Short until it breaks this channel.
Trade Plan: Wait and See Area of Interest: 111.670 Watch 111.670 as it is high important D resistance. If bearish sign exist. Trigger your shorts!!! Stoploss: Last Candle High TP: 111. 350, 111.050
Short EURUSD Trade Plan Attempt Short at current levels: 1.17244 sl: 1.17499 tp: 1.17003 and 1.16649
Trade Plan of EURUSD with Bias being Wait and See Look for the support at 1.18028 - 1.18010 Trade Plan 1: If Support is Honored with Bullish Candle; Take Entry for Long with SL 1.7934 TP: 1.18846, 1.19106 and 1.19756 Trade Plan 2: If Support is Broken Trigger your shorts with SL: 1.18513 TP: 1.17574, 1.17066
A good shorting opportunity in sight after break of bullish trendline.
USDCAD is taking support at trend line but bullish candle is yet to form for long positions. Break of Trendline will call for short and H&S Pattern will come into play.
AUDJPY standing at very important level Shorts can be triggered after first red candle Long can be triggered after the break of falling trendline.
AUDNZD heading towards Dec 2020 Support Zone. We can expect a good bound from there. Another reason is Bullish Divergence on RSI
Current Price 44400 Reason for shorting 1. ABCD Pattern 2. RSI Divergence
Correction has been completed in EURAUD .. we can take long position
Hourly chart showing correction in NZDJPY Stop to be maintain on recent high