Only charts

Usdcad broke the resistance at 1.3130 and now trading at 1.32 , the pair is trading in an upper rising channel. It could hit the upper side of the channel at 1.3270 this week and start a correction from there. If you are short usdcad and in a losing position , you can wait for the correction which might get as low as 1.3050. My previous analysis for the pair turned out to be wrong .

Gbpusd has made several tops at 1.3440$ and reversed to 1.3250$ currently. The fall was initiated by draghi , the head of ECB lowering growth forecast from  2.4% to 2.1% and keeping interest at all time low. Brexit negotiations are ofcourse the main blame or fame for any move in Gbp/usd Technically speaking , 1.3250$ is very important support for the pait and if broken , the pair will be terribly bearish and might head towards 1.3080$ area . On the upside , 1.3340$ is a tough resistance for the pair .

Usdjpy is trying hardly break the downtrend line from 118¥ high after trump winning presidency in November 2016. The pair is currently trading at 110.65¥ , it might keep gaining to reach 112.40¥ area before reversing back again. I would like to short the pair at 112.40¥ area , it will be really profitable trade with very low risk.

Eurusd , Gbpusd reversed their daily gains and now trading in the negative territory on the day. This is a healthy correction and we will have a chance to buy both euro and the pound at lower levels.  I dont recommend shorting for now as we will only have a very small profit relative to waiting and going long very soon . Stick around for another post when a trade will be triggered against the dollar

We had a falling trendline on the 1h chart which managed to keep the pair bound for four times . It managed to break above it after reversing the sharp dip after the federal reserve raised the interest rates last night. The pair is currently trading at 1.3390$ with very strong support at 1.3340$ First target will he 1.3530$ area.

Eurusd trimmed the  sharp fall after the FOMC and the fed raising the rates. The pair fell to 1.1730$ where it found support again and again and reversed the move sharply to trade currently at 1.1790$ . The pair broke above the falling trendline and maintains a bullish sentiment ahead of the ECB meeting tomorrow. It is recommended to buy on dips. However , follow for MY update tomorrow ahead of the ECB. A CORRELATED PAIR TO WATCH IS USD/JPY.

Tomorrow , Thursday , is the day you sell usdcad at whatever level you want. Probably at 1.3030-3130 , i know this is a big range , but it will pay off hugely . The fed raised and there is still scope for 2 more hikes this year. There will be some dollar strength of course today and tomorrow before we see a reversal Shortly , i will post a recommendation for trading usdjpy as well.

The pair has support around 1.1690$ area and resistance at 1.1820$ area. Bound by a declining trend line on the 1 hour chart with three lower highs and horizontal support at 1.1740$ area. A break of 1.1740$ , we might see a flash fall to 1.1690$ before recovering back and breaking above the trend line.

The pair rebounded sharply twice from the 1.3340$ area . And it should hold and we might see a rally towards 1.37$ mark during this month. So keep holding your sterlings unless we break below 1.3280$

Trading currently at 1.3010 , usdcad is very recommended to be sold at current level with a very good pay off . RSI level approaching 70 mark and it is expected we fall to 1.28 handle .

The pair is getting close to our short entry area , 1.1780$ , you can short $eurusd at this area targeting 1.1675-95$ area. Keep following for updates .

Eurusd rallied from 1.15 to 1.1840$ in a matter of few days . Now it is pulling back for a correction.  Dont hop in at current levels. Just wait for 1.1675$ to 1.1695$ area and buy for around 100 pips move , taking profit at 1.1780$ Anyway , trading hours will tell and I will keep you updates .... For now just wait to buy at the mentioned area between 1.1675_95$ area.

Usdjpy plunged after reaching 109.80¥ already mentioned in my earlier post today. You should have all made a 25 pips profit then. I think we still have a chance for usdjpy to get back above 110 mark.

Start a long position at 109.50¥ area with little target at 109.80¥ . The pair is very well supported around this area , however it is unable to break 110.20¥ area. Keep following for updates