Forex-Robot-Nation

Forex-Robot-Nation Updated 

This pair is moving in a bearish trend for many days while respecting the trendline. There are a few pullbacks in the chart but it has been rejected each time from the trendline, this is a strong sign of a trend run. The pair broke a support level of 1.4802 and did a retest to the level before it continues the move. We wait for the momentum to pick after the...

Forex-Robot-Nation Updated 

This pair is still going strong in the bullish direction as the Japanese Yen keeps tanking. We can see that the pair broke a resistance level of 131.53 and sustained above that level after doing a retest. This shows strength in the trend and we wait for the continuation in the price before we go long at the 132.00 price point.

Forex-Robot-Nation Updated 

USD/CAD has shown a weakness for weeks and continued the bearish move. The price tried to reverse the trend from the support level of 1.2695 but then faced a big rejection and continued falling before finding support at 1.2612. We see the trend is still going strong and proceeded to break 1.2612 too and did a retest. Once the price continues the move downwards...

Forex-Robot-Nation Updated 

We can see there is a strong trend on the bullish side the price has continued the momentum and broke a resistance level of 129.58, a retest to the breakout will provide double confirmation of the trend. The pair has also respected the trendline throughout the move and should find strong support at the trendline.