AudNzd Daily - The pair has been creating lower lows since the end of last year and has now been consolidating in the trendline channel above with a touch in the bottom. Iam now confident the bulls will take over till 1.0400 then a break above that region to 1.0600
CADJPY WEEKLY - The pair has been on some nitrous pushing upwards for a while. Price is now at a key resistance level both on the daily and weekly charts. Closely monitoring price action for some bearish candle signs on the daily or 4Hour chart to confirm fading of buyers control and a hand over to the sellers. Once entered stops should be above blue zone (84.00...
The pair has been respecting the DAILY trendline channel above. We now observe price at the edge of upper trendline. We expect price rejection since the area is a supply zone. Anticipating a smooth decline to the bottom with stops in red zone. Goodluck. For direct entries join our free telegram channnel
t.me
The Aussie has opened the NewYork session with the highest demand. Also buying exhaustions evident on the Kiwi. Nice trade with decent risk to reward.
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t.me
CADCHF 4H, the pair has been respecting the bearish channel trendline for a while. The Canadian dollar recorded weakness last week and was selling against major currency pairs because of BOC comments. But with the positive Canadian CPI and manufacturing data we witnessed some strength on the pair. The pair has bounced off from support and has broken the trendline...
AUDNZD 4H, we witnessed a waterfall drop of the pair due to the strengthening of the kiwi. Price has now been consolidating in the region between the trendlines without a further drop.. Late last week the Australian dollar regained momentum and we expect an upward movement on the pair. Traders can open long positions after the break and retest of trendline with TP...
UsdZar has been on a general downtrend. Now price has reached a strong support area on the 4H chart. Traders can look foward to going long once the price bounces off that region
