TriciaWilson

Signal EURUSD Closed at @1.22044 with 41 Pips profit.

Date: 16.12.2020 Pair: EURUSD Action: BUY Open Price: 1.21633 Target Price: 1.22200 Stop Loss: 1.21100 New Buy Order Placed @1.21633

USD/CHF Technical Analysis ~~ The counter has been sliding down in a descending channel formation. ~~ It is now consolidating in a bear flag pattern and closing in on the upper parallel. ~~ We expect the pair to find resistance around here and then continue its downside.

GBP/NZD Technical Analysis ~~ The counter has broken down a head and shoulder pattern. ~~ The pattern is right inclined which portrays extreme negativity in the counter. ~~ Hence, we expect the pair to be bearish in the short-term.

Date: 11.12.2020 Pair: NZDUSD Action: SELL Open Price: 0.70962 Target Price: 0.70700 Stop Loss: 0.71200 New Sell Order Placed @0.70962

EUR/USD Technical Analysis ~~ The counter is currently forming a bullish flag pattern. ~~ It is now sliding down to the support zone placed around 1.2000. ~~ The support zone presents a good buying opportunity, however, if you are a risk-averse trader, we advise you to go long after it crosses the resistance at 1.21322.

Date: 10.12.2020 Pair: USDCHF Action: BUY Open Price: 0.88882 Target Price: 0.89200 Stop Loss: 0.88600 New Buy Order Placed @0.88882

EUR/JPY Wave Analysis ~~ The counter is currently in a short-term bull cycle. ~~ It is now in a consolidation phase which could be termed as wave 4. ~~ We expect the pair to surge to the high to complete wave 5.

Date: 08.12.2020 Pair: EURGBP Action: BUY Open Price: 0.90987 Target Price: 0.91500 Stop Loss: 0.90400 New Buy Order Placed @0.90987

Signal USDJPY Closed at @104.246 with 29 Pips profit.

GBP/CAD Technical Analysis ~~ As we suggested earlier in our premium analysis, the counter has formed a bearish flag formation. ~~ It has now broken down with a strong volume candle. ~~ Hence, we expect the pair to move down to lower support levels.

GBP/JPY Technical Analysis ~~ The counter has been in an ascending triangle formation. ~~ Now, the range is narrowing and the pair is in a make or break situation. ~~ We expect the pair to render a bullish breakout, however, we advise traders to go long only above 140.341.

Date: 04.12.2020 Pair: USDJPY Action: BUY Open Price: 103.952 Target Price: 104.550 Stop Loss: 103.550 New Buy Order Placed @103.952

Signal USDCAD Closed at @1.28800 with 46 Pips profit.

EUR/AUD Technical Analysis ~~ The counter is currently in a bearish flag formation. ~~ It has formed a good base at the lower parallel and is ripe for a rally. ~~ Hence, we expect the pair to be bullish and move to the upper parallel from here.

Date: 03.12.2020 Pair: USDCAD Action: SELL Open Price: 1.29261 Target Price: 1.28800 Stop Loss: 1.29560 New Sell Order Placed @1.29261

Signal EURUSD Closed at @1.21100 with 53 Pips profit.

NZD/USD Technical Analysis ~~ The counter has been in a strong uptrend in the long-term charts. ~~ In the short-term charts, it is moving up in an ascending channel. ~~ Further, it is currently at the lower parallel and hence it's a good time to go long.

Date: 02.12.2020 Pair: EURUSD Action: BUY Open Price: 1.20565 Target Price: 1.21100 Stop Loss: 1.20000 New Buy Order Placed @1.20565

USD/CAD Technical Analysis ~~ The counter is currently hovering around long-term support of 1.3000. ~~ Though the price action has been able to marginally breakdown, it is not able to follow through. ~~ Further, the stochastic indicator has made a bullish crossover from the oversold zone in the 8-h chart. ~~ Hence, we expect the bulls to push the pair to higher levels from here.

Date: 01.12.2020 Pair: AUDUSD Action: SELL Open Price: 0.73443 Target Price: 0.73000 Stop Loss: 0.73800 New Sell Order Placed @0.73443

Signal USDCHF Closed at @0.90586 with 26 Pips profit.

AUD/NZD Technical Analysis ~~ The counter has been on a selling spree for the last 3 months. ~~ Now, it has broken down a critical support level of 1.05620 and retested it, validating the breakdown. ~~ Hence, we expect the pair to weaken further from here.

Date: 30.11.2020 Pair: USDCHF Action: BUY Open Price: 0.90317 Target Price: 0.90800 Stop Loss: 0.89800 New Buy Order Placed @0.90317

AUD/CHF Wave Analysis ~~ The counter has been in a 5-wave bull cycle. ~~ Now, it is in the wave 4 phase which results in a bearish correction. ~~ Hence, we expect the pair to be bearish in the near-term.