Valute

After breaking below the previous support, the market bias turns bearish. As the market is currently in a corrective phase, we wait for a confirmed breakdown before initiating a short position

🇨🇦 USDCAD is testing the upward trend line, but the RSI has broken below the line, which may indicate a potential breakout. The AO also suggests that bears are currently in control. 🔽 A break below the trend line at 1.3680 will push the price down to 1.3570 and then to 1.3500; 🔼 A rebound will push USDCAD back to 1.3910

📉USDJPY will fill a gap up opening. Expect a bearish continuation to 158.665 level. ————————— 1H time frame ————————— Disclaimer : This is not a financial advice. Risk wisely

📉 GBPUSD – Bearish Rejection from Resistance Price is currently testing a strong resistance zone around 1.3550 – 1.3600, which has acted as a supply area multiple times. The recent rejection suggests sellers are stepping in again. 🔻 Bias: Bearish 📍 Entry Zone: 1.3500 – 1.3550 🎯 Target: 1.3350 → 1.3220 🛑 Stop Loss: Above 1.3620 💡 Reason: Strong resistance holding Lower highs structure forming Rejection + momentum shift 👉 If price fails to break above resistance, expect a move back toward the support zone

EURJPY - this pair has been in a nice (Bullish Trend) over the past few (Days & Weeks) so therefore now we can expect it to have a nice pattern to the downside as price can never (Stay up or Premium) for long periods of time as it needs to (Dip) so that we can be able to (Buy Low) it is going to be dropping for some time and head down to fill in some (Downside Gaps) before ever returning to its (Dominant Bullish Trend) it is still possible to (Scalp) the price bounces but then always remember that it may not hold long unlike before because now the pair needs to have what we call a (Price Reset) From 187.800 to 184.000 , Remember to follow your (Trading Plan) and not to get greedy when (Scalping) it would not be advised to (Hold) any trades long term as this can be (Risky) and hit (Stop