The last 14 1 hour candles on USDCAD formed a Rising Wedge pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 1.3872.
Supported by Downward sloping Moving Average
Target: 1.3872 Entry: 1.391 Stop: 1.3959
EURUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a
DAX 40 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or
USDJPY has broken through 156.5630 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists,