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EURJPY – LONG As per the above Daily chart of CADJPY, price has broken about the recent daily highs and currently on pull back. The reason for adding this Forex pair to my current watchlist is due to the fact that price was able to successfully break and close above the recent highs at $80.50 … Read more November 12 – Potential intraday setup
CADJPY Daily price has been moving down and finished last week testing the support level at $ 78.550 The area also marks the test of the up trend line Last Thursday & Fridays daily closes were Bullish Hammer candles, marking the presence of Bullish traders Daily Stochastic is in the over sold territory XAUUSD Trade … Read more Watch List – Week of Nov 1, 2020
EURUSD Following the retest of the lower support line of the ascending channel.Daily price has closed as a Bullish Hammer, which might be indicating presence of Bulls. Ideally looking for price to move above the daily highs of Sept 3rd and come back for a retest intra day. USDCAD Daily price has bounced of off the … Read more Technical Analysis Sept 3rd 2020
Since the start of the COVID 19 pandemic we have seen the value of Gold steadily rise as countries around the world went through lock downs and the recent US Riots. However the most recent price action has started to range between $1747 & $1670. From daily timeframe perspective there isn’t enough room between the … Read more XAUUSD – June 15th 2020
Following the recent US riots , the dollar finally broke below its support level at $1.3900. Most recent price action has come down to test the daily support level at 1.3300 and has bounced back with some momentum. However keep in mind that there are several resistance levels right ahead, for price to break above. … Read more USDCAD – June 15th 2020
