Technical Analysis GBP/JPY

The fx pair GBP/JPY is currently in a downtrend. Short positions initiated at S1 level.

Technical Analysis USD/CAD

Continue to BUY dips. Intraday look to BUY STOP at 1.30760 with 40 pip stops looking for a 38.2% retrace to 1.33100 minimum. Intraday target is 120 pips/1.32000.

Technical Analysis USD/CAD

Continue to BUY dips. Intraday look to BUY STOP at 1.30760 with 40 pip stops looking for a 38.2% retrace to 1.33100 minimum. Intraday target is 120 pips/1.32000.

Technical Analysis EUR/USD

In longer term (Daily TF) the FX pair is bear. Even that it is shown range signs. But the signals seem to be fault because bigger TF players doesn’t support it. H8 is just entered to the bull territory last day. Which shows there will be another higher high. But after two bull run better to expect consolidation first in a bigger correction. H2 players show just about the same. To trade better to get ready first to SHORT even if the market climbs slightly over R1. TP is S1. After LONG can come forward until it forms the expected higher high.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

At Pivot, price consolidated and recover. Go Long at this level. SL at 1.3200. TP at R2
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Technical Analysis USD/CAD

The USD may be readying to turn higher anew against the CAD dollar anew. Short-term support is at 1.318, with a break below that on an hourly closing basis exposing the support at 1.313. Alternatively, a reversal above 1.3250 opens the door for a challenge of the resistance at 1.33.