What’s GBPCAD Going to do Here?
G’day Traders, I hope you all had an awesome weekend! As shown in the weekly chart below, it looks as though something is on the horizon for GBPCAD as price lingers around some pretty heavy resistance. We’re presented with two …
Possible Inverse Head and Shoulders on the Kiwi
Happy Friday Traders! I’ve been watching this chart for a while now and it looks as if we’re soon approaching decision time for NZD/USD. As shown on the daily chart below, the Kiwi / US pair is displaying a potential …
What’s our old friend GOLD up to?
Happy Friday traders, It’s been a shaky several days across the indexes lately, but what’s our old friend GOLD up to? Let’s take a look at a weekly chart. XAUUSD Weekly: After breaking out of our downtrend line last year …
Possible bear flag forming in NZDUSD
Good morning traders, We’re presented with a potential short setup in NZDUSD. Consider the 4 hour chart of NZDUSD below: As you can see in the chart above, price has recently broke out of a short term uptrend. While this …
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