CJ Rallies, Gold Tests Resistance4/9/2021 CAD/JPY Analysis CJ does find support below the trend line in the low 86.000s. On the daily chart, this pair bounced hard before seeing rejection on the latest candle. Really good employment numbers came out today as Canada's unemployment rate fell to 7.5% from 8% last month shattering expectations. This […]
CJ Hits Support, Gold Breaks Resistance, Bitcoin to $400K?4/7/2021 CAD/JPY Analysis CJ comes back to key trend line on the daily chart for support. Price has historically bounced off this line for the last couple months, but if price were to break under, there is additional support in the low 86.000s. CAD employment numbers are […]
Look out traders! On Friday the 9th of April, Canada will be printing their jobs report and here's what to expect... Quick Summary of February Report: Canada added 259.2k jobs in February vs 98.5k consensus Unemployment rate fell from 9.4% to 8.2% vs 9.2% forecast The February report turned out much better than expected, as […]
CJ Rallies, Gold Tests Resistance4/9/2021 CAD/JPY Analysis CJ does find support below the trend line in the low 86.000s. On the daily chart, this pair bounced hard before seeing rejection on the latest candle. Really good employment numbers came out today as Canada's unemployment rate fell to 7.5% from 8% last month shattering expectations. This […]
CJ Hits Support, Gold Breaks Resistance, Bitcoin to $400K?4/7/2021 CAD/JPY Analysis CJ comes back to key trend line on the daily chart for support. Price has historically bounced off this line for the last couple months, but if price were to break under, there is additional support in the low 86.000s. CAD employment numbers are […]
Look out traders! On Friday the 9th of April, Canada will be printing their jobs report and here's what to expect... Quick Summary of February Report: Canada added 259.2k jobs in February vs 98.5k consensus Unemployment rate fell from 9.4% to 8.2% vs 9.2% forecast The February report turned out much better than expected, as […]
CAD- Canadian Dollar, Loonie Fundamental Analysis As the Canadian economy gets healthier, the Bank of Canada has decided to lessen their current quantitative easing and give Canada room to grow on its own. CAD is already performing exceptionally compared to the other currencies and is predicted to be the favored for the rest of the […]
Hey everyone! Welcome to this week's forex forecast for the week ending April 9th, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at AUDUSD, GBPAUD, GBPNZD & XAUUSD. AUDUSD Price has been steadily increasing and forming an ascending channel, creating higher highs and higher lows. Looking at recent market moves, we […]
Bitcion Gets More Institutional Interest, Gold Rises, EU Hits Resistance4/2/2021 EUR/USD Analysis EU hits some more resistance on the daily chart after breaking under. This pairs downtrend seems to be more concrete now that the USD is becoming more and more favored over the euro. As expected unemployment rate numbers came out for the US […]
Looking at the overall trend in this market, price has been steadily increasing and forming an ascending channel, creating higher high's (hh) and higher low's (hl). Looking at recent market moves, we can see price consolidating between 0.78 and 0.757 since the start of 2021. We can also see price has formed the head & […]
Hey everyone! Welcome to this week's forex forecast for the week ending April 9th, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at AUDUSD, GBPAUD, GBPNZD & XAUUSD. AUDUSD Price has been steadily increasing and forming an ascending channel, creating higher highs and higher lows. Looking at recent market moves, we […]
Looking at the overall trend in this market, price has been steadily increasing and forming an ascending channel, creating higher high's (hh) and higher low's (hl). Looking at recent market moves, we can see price consolidating between 0.78 and 0.757 since the start of 2021. We can also see price has formed the head & […]
Hey everyone! Welcome to this week's forex forecast for the week ending April 2nd, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at AUDUSD, GBPNZD, GBPUSD & XAUUSD. AUDUSD In the past week, we saw price push lower towards the EQL at 1.757, and this setup is looking like it's forming […]
CJ Rallies, Gold Tests Resistance4/9/2021 CAD/JPY Analysis CJ does find support below the trend line in the low 86.000s. On the daily chart, this pair bounced hard before seeing rejection on the latest candle. Really good employment numbers came out today as Canada's unemployment rate fell to 7.5% from 8% last month shattering expectations. This […]
CJ Hits Support, Gold Breaks Resistance, Bitcoin to $400K?4/7/2021 CAD/JPY Analysis CJ comes back to key trend line on the daily chart for support. Price has historically bounced off this line for the last couple months, but if price were to break under, there is additional support in the low 86.000s. CAD employment numbers are […]
Possible Head and Shoulders Forming on AJ Pair4/5/2021 AUD/JPY Analysis AJ pair could be making a possible head and shoulders formation here on the daily chart. This could be a sign that price wants to turn downward depending on whether the next few candles move above resistance at 85.000s or break below the rising trend […]
CJ Rallies, Gold Tests Resistance4/9/2021 CAD/JPY Analysis CJ does find support below the trend line in the low 86.000s. On the daily chart, this pair bounced hard before seeing rejection on the latest candle. Really good employment numbers came out today as Canada's unemployment rate fell to 7.5% from 8% last month shattering expectations. This […]
CJ Hits Support, Gold Breaks Resistance, Bitcoin to $400K?4/7/2021 CAD/JPY Analysis CJ comes back to key trend line on the daily chart for support. Price has historically bounced off this line for the last couple months, but if price were to break under, there is additional support in the low 86.000s. CAD employment numbers are […]
Look out traders! On Friday the 9th of April, Canada will be printing their jobs report and here's what to expect... Quick Summary of February Report: Canada added 259.2k jobs in February vs 98.5k consensus Unemployment rate fell from 9.4% to 8.2% vs 9.2% forecast The February report turned out much better than expected, as […]
