If the market closes below 1.10, I will likely take a short position with a stop over the high of 1.1058. I'm expecting some sideways movement before we see a significant break. Major news is expected on Tuesday, and we will probably see even bigger movements in the middle of the week.
On the 4-hour time frame, it appears that the price is testing the previously resistant level of 0.6512 on the daily time frame. The AUD seems to be recovering some of its losses from 2023 since the end of January. However, I believe that before we see the price break through that area, we will see a retracement that touches the 0.64 area before continuing. If the...
There is a bull divergence on RSI 30 min time frame, price holding on support around 85.4. Good risk reward opportunity for a couple of day trade
If the market retrace and break the trend line we will have a short opportunity with entry point 92.100 Stop 83.000 First take profit 81.000 second take profit 79.500
Taking a long position on usdcad entry point 1.328stop at 1.32 take profit aound 1.35 aerea
Usd found at this point a very strong resistance is the 3 time that touch it 113.850. Looking for short Stop @ 114.200 Target @ 112.50 the first one but it could go even more. Long long term 110 , but waiting for confirmations.
Target hit and pass price touch 1.25325. Today i think the market will show some retracement between 1.24246 to 1.235
looking for a long opportunity in cable, resistance level at 1.23370; the market will probably retrace during the news , around 1.23100 at the point i will start to looking to buy signal target 1.24000