CADCHFAs you can see price has been moving in a down trending channel.
A break of such channel should have strength as traders have been waiting for a some time for this break to happen.
However a day after the break we get a reversal candlestick pattern to the down side. Which shows that the break
Ello ello,Hope you all had a well rested weekend. Below are the Forex pairs that are on my watch listNZDJPY
Bias - LONG
On the daily chart price tested the upper trend line of the channel and 50 ema. However if you look at 73.00 zone it has been acting as good support and if fact
Hi all,Hope you all had a good weekend. Following pairs are on my watch list for this week.AUDUSD Bias - Long
Monthly price action is finding support at .78 fib level.
Price tested the level twice and then broke above the highs to form an Ascending Triangle.
Weekly and Daily supports Monthly price action.ExecutionTest of the bottom
Weekly Forex pair analysisUSD/CHFDaily Down Trend
SHORT - 0.98712
LONG - 0.97789 or 0.96998 EUR/USDDaily - Showing strong Bullish price action. Price seem to be consolidating in the top of the range. Daily MACD just crossed above zero
Looking for BULLISH move after a pullback
Zone to go LONG - 1.1164 or 1.10836 NZD/USDDaily in an uptrend. But price is
EUR/USD USD/JPY GBP/USD USD/CHF AUD/USD USD/CAD
Weekly update on forex trading setups for the six major forex pairsEUR/USDStrong bearish last week.
Looking for a short opportunity.
Would be ideal to get in on a 1h or 4h setup on a pullback to 1.09473 or 1.09775 or a flat consolidationUSDJPYPrice is approaching a key zone