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USDCAD
på
Erfaren Traders
Oct 31, 2016 at 10:11
USD/CAD is dropping after forming another spinning top bar below 1.3430 on the daily time frame. I think it will test the support at 1.3330 again before moving to the upside.
GBP/USD daily outlook
på
Erfaren Traders
Oct 31, 2016 at 10:10
I have decided not to open any positions for the moment. The pair is still moving sideways and throughout the week there will be a lot of news that will create a lot of volatility.
GBP/USD daily outlook
på
Erfaren Traders
Oct 28, 2016 at 10:44
GBP/USD has almost reached 1.2100. I think that if it breaks out below that level it will continue falling to test the support at the previous low at 1.2081.
GBP/USD daily outlook
på
Erfaren Traders
Oct 27, 2016 at 15:07
The pair broke below 1.2200 again, I think next target is around 1.2140, maybe even 1.2100.
USDCAD
på
Erfaren Traders
Oct 26, 2016 at 15:45
The sideways consolidation of USD/CAD continues even though the pair has formed a spinning top on the daily time frame below 1.3380. I still expect a move to the downside.
USDCAD
på
Erfaren Traders
Oct 25, 2016 at 16:25
The pair formed a great shooting star bar on the daily time frame after it reached the resistance at 1.3400 yesterday. It might be still bullish for the moment, but I think we will see a move to the downside soon.
USDCAD
på
Erfaren Traders
Oct 24, 2016 at 12:19
USD/CAD is testing 1.3360. I think that if it breaks out above that level next target will be 1.3400.
USDCAD
på
Erfaren Traders
Oct 20, 2016 at 16:17
USD/CAD reached the support at 1.3000 and rebounded from that level after forming a pair of hammer bars on the daily time frame. I think that next target is 1.3280 - 1.3300.
USDCAD
på
Erfaren Traders
Oct 19, 2016 at 12:49
The pair rebounded from 1.3050, but it is almost back to testing that support again. However, I won't be opening any more short positions on this pair before it breaks below 1.3050.
USD/JPY
på
Erfaren Traders
Oct 19, 2016 at 12:49
The pair is quite bearish at the moment although it is still testing 103.20. I think that if it breaks out below that support it will continue dropping towards 103.00.
USDCAD
på
Erfaren Traders
Oct 18, 2016 at 10:05
I agree, the pair is very bearish for the moment, it broke below the support at 1.3100 and is dropping towards the next support at 1.3020 - 1.3000.
GBP/USD daily outlook
på
Erfaren Traders
Oct 17, 2016 at 10:01
The pair has been consolidating sideways above 1.2150 for a while now, and it has formed several spinning top bars on the four-hour time frame, so there might be some retracement in the near future, but I think that the overall trend remains bearish for the moment.
USDCAD
på
Erfaren Traders
Oct 14, 2016 at 09:20
USD/CAD rebounded from 1.3184 after forming a spinning top and a inverted hammer bar at that support. Right now the pair is testing the resistance at 1.3205 and I think that if it breaks out above that level it will reach the next resistance at 1.3240.
USDCAD
på
Erfaren Traders
Oct 13, 2016 at 10:10
The pair just dropped to 1.3240 after forming a doji bar on the 1-hour time frame. It's currently testing that support level, but I think that if there is a breakout to the downside it will reach 1.3200 again.
GBP/USD daily outlook
på
Erfaren Traders
Oct 12, 2016 at 15:45
It rebounded from 1.2100 but even that was just temporary. The pair is slowly dropping back towards that support. I think eventually we'll see it reach 1.2000.
WTICrude on the rise.
på
Erfaren Traders
Oct 11, 2016 at 15:55
It found resistance at 51.50 and rebounded from it. For the moment I will refrain from opening a long position.
GBP/USD daily outlook
på
Erfaren Traders
Oct 10, 2016 at 10:34
I agree. We might see some retracement after such a massive drop, but for the moment the pair remains very bearish.
GBP/USD daily outlook
på
Erfaren Traders
Oct 06, 2016 at 15:19
It appears that nothing can stop the GBP/USD drop, yesterday's retracement was only temporary. The pair broke below 1.2685 and I think next target will be 1.2600.
GBP/USD daily outlook
på
Erfaren Traders
Oct 05, 2016 at 15:33
GBP/USD formed a new historic low at 1.2685 and rebounded from it, also forming four-hour hammer and an inverted hammer bar above that level. I think next target is 1.2800 - 1.2820 again.
GBP/USD daily outlook
på
Erfaren Traders
Oct 04, 2016 at 12:09
Not only did GBP/USD reach 1.2788 but it broke below that level. I think next target is 1.2700.
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