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USDCAD Moves Higher as Expected
Read MoreOn July 14 2021 I posted on social media @AidanFX “USDCAD will push higher towards the 1.2574 – 1.2614 area. Look for BUYING opportunities.“ The chart below was also posted on social media @AidanFX July 15 2021 showing the possible bullish scenario. Price bounced off the Dynamic Support 200MA which also formed a bullish divergence pattern. […]
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EURNZD : Bullish Patterns Calling for Move Higher
Read MoreThe EURNZD chart below was posted on social media @AidanFX July 13 2021 showing the possible bullish patterns. Green bullish pattern triggered BUYS at the XA 0.886% Fib. retracement level which was perfectly in the purple demand zone. More added reason the pair could push higher was a bullish divergence pattern also formed in the […]
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EURNZD : Tracking and Trading the Move Lower
Read MoreOn July 1 2021 EURNZD was showing several bearish patterns that was signalling the pair would move lower. The pair was stalling at key pattern SELL trigger levels that was signalling traders that sellers/bears were getting in the market. The chart below shows a bearish pattern (blue) completing point D at the BC 0.50% Fib. […]
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GBPUSD : Possible Bearish Pattern?
Read MoreA possible bearish pattern is visible on the GBPUSD 4 hour time frame. The blue bearish pattern still needs to make a push higher to complete point D at the BC 0.50% Fib. retracement level where GBPUSD can possibly find sellers to push the pair lower. The BC 0.50% Fib. level is also situated in […]
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USDJPY : Spotting and Trading Confluence Areas
Read MoreThe USDJPY pair last week formed a temporary bottom and reversed higher. A confluence area formed which led to the bounce higher. This area forms when trading techniques/strategies come together and create a high probability BUY/SELL zone. Confluence Trading signals a trader on which side to take a trade by combining more than one trading […]
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CHFJPY : Trade Setup for Another Possible Rally Higher
Read MoreMultiple bullish patterns are visible on the CHFJPY 1 Hour time frame. The pink bullish pattern completed point D at the BC 0.50% Fib. retracement level where the pattern triggered BUYS. Blue bullish AB=CD pattern also triggered BUYS in the area. If looking to trade CHFJPY traders should look to BUY near this level which […]