GBPCAD on the weekly shows another rejection of strong S&R level around 1.6200, when we drop down to the 4 HOUR timeframe, we can see a clear break of falling trendline and a retest all around the 61.8 fib retracement area 0f 1.65 which is also Weekly/Daily S&R. Bullish close above 1.6540 area look for[…]


USDJPY is battling the global geopolitical tensions as investors flock to the JPY safe haven currency. Technically we can see higher lows forming on the Daily after the Double formed around the 114.40 area. If this support holds expect this pair to rally some, look for targets at 111.00 and if that breaks the previous[…]

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