USDCAD displays a bearish outlook as it breaks out of its ascending channel and rising wedge pattern. This technical analysis signals a potential short opportunity, with the breakout indicating a shift in momentum. Traders may consider short positions in anticipation of a continued downward trend in the USDCAD currency pair.
SELL @ 1.35007 TP @ 1.31814 SL @ 1.35196 Usd/cad is expected to move well due to the rate news
As we can see the gj is on the crucial support but if you see in left there is a reactive zone of lvl 188.261 and we can see a retracement form that lv please wait till that close close below that lv otherwise do not take teh trade os sells below that lvl
EURUSD is looking for short opportunity after forming correction for a movement to the downside.
RKarina is delighted to meet you all again, to discuss and strategize for today! As expected, EUR/USD is testing its highest level in two months around 1.0950 during the Asian trading session on Friday. This currency pair gained ground on Thursday, supported by prospects of ECB movements and a weakening US Dollar following a dovish tone from Fed Chair Jerome...
Hello dear friends, as expected, our USDJPY pair has declined to the support level at 147.84 and is showing signs of consolidation. In this case, a cup pattern is also forming, and a corrective rally may occur, although it is unlikely to last long as the market is still anticipating an interest rate cut in the near future, which would weaken the USD and limit the...
The GBP/USD pair remains steady above the psychological barrier of 1.2800 in the early Asian trading hours on Friday. Selling pressure by the US Dollar provides some support for the major currency pair. The highlight on Friday will be the US labor market data for February. This currency pair has continued to gain points, although it has not yet surpassed the...
Eurusd today NFP expected mover on down side take all sell side liquidity
Buy 1.28 Stoplose 1.27300 Risk reward 1:5 Target in to chart 1.31
Explore the lucrative opportunity of shorting the USD/JPY pair as it ventures below crucial support levels, signaling a compelling downward trend. Dive into this comprehensive guide to understand the dynamics at play, including key support levels breached and the underlying market sentiment. Learn how to capitalize on this trend by implementing strategic short...
EURUSD is one of the most traded Forex instruments with good volume activity. If we look at the chart: The market has been trading in the consolidation phase. Then it gave a breakout last week, 24th Feb. After that, the market has been in the range (1.07972 - 1.08576) bound situation. Case 1: The market is going to be sideways unless it's broken to the...
AUD/USD: This is a Forex currency pair that represents the exchange rate of the Australian Dollar (AUD) against the US Dollar (USD). Traders often analyze this pair to make trading decisions based on the economic conditions and geopolitical factors affecting both countries. Flag Pattern: In technical analysis, a flag pattern is a continuation pattern that forms...
Go through the analysis carefully, and do trade accordingly. Current price- 189.300 "if Price stay below 190.756, then next target is 188.300 and 185.000 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by...
Hi friend Eurusd 1:5 risk reward Buy 1.093 to 1.095 Stop lose 1.087 TP 1 1.10 TP Tp2 1.114 Tp3 1.128 March april you will get all target
the 1 hour time frame: the price has been on an uptrend making higher highs and higher lows. so it is good to enter on pullbacks. so the 15 min trap on the bear side will be created before the price starts moving towards the upside 15 min time frame: the price starts making a higher high from the 1 hour ob and that is the change of character and that is where the...
RKarina greets everyone! Today, the EUR/USD is testing its highest bidding price since the end of January, quickly surpassing the 1.0900 level to touch 1.0915 before stabilizing slightly but still maintaining an upward trend since Wednesday. This currency pair is currently in a corrective wave, however, a successful close above the resistance level at 1.089 and...
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade, this post is for educational purpose only . warning :- do not jump directly or do not copy my trades DO your analysis properly
USDCHF Short off of a daily key market area. Expected hold time is till the weekend. Expected RR is +2.5R/3.5R. All confluences and entry conditions are on the chart.