Looking to a fresh downtrend. TP1 1.5686 for about 75 pips in about 2 days TP2 1.5625 for 140 pips till the end of the week.
We've spotted a Head and Shoulders pattern on the H1 of NZDCAD. Expecting the price to drop after the neckline has been retested. TP 1: 0.84229 - current Ultimate Support level TP 2: 0.83923 - last week's Ultimate Support level TP3: 0.83616 - Ultimate Support level from February opening.
Session with FX and Metals overview for the week of 10 January 2022
Weekly overview of the FX and Metals markets
The last Weekly Market Overview in 2021!
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Since this morning session we started selling GBPUSD. It's clear this market keeps going down and the first targets will be S0. During the week this pair can bring us many more pips in the downtrend
I see that the pullback if finished after this morning trading session. Personally going for a sell towards S0
Weekly FX Overview with the Infinity Trading Tools
EURCAD finally after a long period of sideways movements makes a new rally that was possible to see on M15 charts. The H1 chart just confirmed a green entry for this pair and its going to be about 70 pips ride to the next mayor level. Enjoy the ride!
CHFJPY is maybe not a clear entry based on the Infinity Tools yet as its making its move down towards the Major 4H trend line, but this is exactly the early opportunities that you sometimes want to take. An adviced stop loss can be the minor trend line, if it starts to trade above that the old uptrend can be continued. A beautiful 75 pips target, enjoy the ride...
I'm Selling NZDCHF, M15 chart Market made a nice pullback, Resistance on Pivot level last candle and now back down towards S2 and S0 later today.
GBPCAD Drowntrend, CCI negative -50 Pivots are small because of the low volume Friday late NY session and Asia session this morning. Expected continuation downtrend 2-3 days going to -2 Oversold as the new Ultimate Support. Continue to drop later to Support 0 level of last week 1.68458
GBPCHF Heavy drop CCI very negative -180 60 pips to last Friday's Support 0 Probably happening in New York session or tomorrow.
GBPAUD Pullback to Pivot Level Potential drop of 60 pips when CCI becomes negative and turn down towards Ultimate Resistance 0 at 1.81885