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USDCAD
in
Experienced Traders
Jun 16, 2016 at 10:07
Despite the short retracement USD/CAD is still very bullish. The pair broke above 1.2900 and I think next target is 1.3000.
USDCAD
in
Experienced Traders
Jun 15, 2016 at 10:18
Yes, it a shooting star candlestick and a spinning top candlestick underneath the resistance at 1.2870 on the four-hour time frame and started falling. I think next target is 1.2800.
USDCAD
in
Experienced Traders
Jun 14, 2016 at 13:08
USD/CAD finally reached the resistance at 1.2870, which is (EMA)89 on the four hour time frame. The pair could bounce off of it, but if it breaks above it next target is at 1.2930, which is the middle line of the Bollinger Bands indicator on the daily time frame.
USDCAD
in
Experienced Traders
Jun 13, 2016 at 12:57
The flag continues forming today. GBP/USD formed an inverted hammer on the four-hour time frame above the support at 1.2760 and started rising again. I think next target is 1.2810 - 1.2815.
USDCAD
in
Experienced Traders
Jun 10, 2016 at 11:49
USD/CAD is clearly forming a flag after the big drop, so my suspicions from yesterday are confirmed, I think. Once the flag is over, the move to the downside will continue.
USDCAD
in
Experienced Traders
Jun 09, 2016 at 13:24
I am waiting to see whether the pair will break above 1.2770 so I can open a new long position, but I think this might be just a retracement before the move to the downside continues.
GBP/USD daily outlook
in
Experienced Traders
Jun 08, 2016 at 10:55
I agree, the pair is stuck in a relatively wide range between 1.4330 and 1.4740 which is most obvious on the daily time frame. Currently it's rising towards 1.4600 again. I don't think we'll see the range end before Brexit.
USDCAD
in
Experienced Traders
Jun 07, 2016 at 11:44
Not only did USD/CAD reach 1.2870 but it continued falling, breaking below 1.2800. It's testing 1.2770 at the moment and if it breaks below that level it will reach 1.2700.
USDCAD
in
Experienced Traders
Jun 06, 2016 at 13:02
USD/CAD is falling again after the big drop caused by the NFP last week. I think next target is likely 1.2880 - 1.2870 and it will likely continue falling below those levels.
USDCAD
in
Experienced Traders
Jun 03, 2016 at 13:50
The US Non-farm Payrolls today pushed the pair below the support at 1.3030 and USD/CAD continued dropping. I think next target is 1.2850, maybe even 1.2800.
GBP/USD daily outlook
in
Experienced Traders
Jun 02, 2016 at 09:02
I think the pair is too undecided before the ECB press conference today, not to mention the NFP tomorrow. No signal is very reliable right now.
GBP/USD daily outlook
in
Experienced Traders
Jun 01, 2016 at 12:53
I'm still short on this pair. Not only it reached 1.4500 it broke below that level and it's still falling. I have little doubt it will reach 1.4400 and I also think it might break below that support and continue towards 1.4330.
GBP/USD daily outlook
in
Experienced Traders
May 31, 2016 at 09:53
The pair dropped sharply today and it's currently testing the support at 1.4570. I think that if it breaks below that level it will reach 1.4520 - 1.4500.
USDCAD
in
Experienced Traders
May 30, 2016 at 12:46
I don't think the move to the downside is over yet. The pair is retracing after it formed an inverted hammer candlestick on the 30-min chart above the support at 1.3030, but I think that after it reaches the resistance at 1.3060 it will continue falling.
USDCAD
in
Experienced Traders
May 27, 2016 at 09:11
USD/CAD formed a hammer candlestick on the daily time frame above the support at 1.2970, which is the middle line of the Bollinger bands indicator on the same time frame and started climbing. I think its next target is 1.3100.
GBP/USD daily outlook
in
Experienced Traders
May 26, 2016 at 09:23
The pair reached 1.4740, bounced off that resistance and formed a shooting star on the 4-hour time frame. I think we will see a retracement to 1.4600 again, but I don't think that's the end of the move to the upside.
GBP/USD daily outlook
in
Experienced Traders
May 25, 2016 at 13:04
GBP/USD broke above the resistance at 1.4660 and reached 1.4700. I think it will keep rising and its next target is around the previous high at 1.4770.
USDCAD
in
Experienced Traders
May 24, 2016 at 13:01
It was a false breakout, the pair is back to testing the support at 1.3120. If it breaks below that level I think it will reach 1.3070.
GBP/USD daily outlook
in
Experienced Traders
May 23, 2016 at 13:03
The pair broke below 1.4500 and it's still falling. I think next target is likely around 1.4420 - 1.4400.
GBP/USD daily outlook
in
Experienced Traders
May 20, 2016 at 12:06
GBP/USD reached 1.4660 but not only bounced off that resistance level, it also formed a doji candlestick below it on the daily time frame. I think that there will be a new move to the downside towards 1.4500.
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