Happy Monday traders. Lets get this week off to a good start. Jumping straight into the markets, EURUSD caught my eye in particular as a potential early pair to get into early this week.
First indication for me is the daily candle closure below the daily resistance level at 1.2340. Looking deeper on the 4 hour timeframe, we see a lower high and lower low created....
Looking at the GBPCAD chart, we see the price break below an ascending tunnel on the 4 hour time frame. Along with this break of the trend line, we see in the weekly timeframe the major resistance at the (1.7700) level held beautifully and price had a clear bounce off of this resistance. A daily bearish candle closed below this level showing that the price is on...
My first public analysis. By no means am I a pro or have a great success rate. Just an idea I want to put out there. On this AUDUSD chart we see the price following a clear long trend-line on the 4 hour timeframe. Using the fib retracement tool we see the recent low at (0.7500) and recent swing high at the (0.8110) level. Based off of this leg, we see the 50%...
