Weekend Analysis – CADCHF Bearish Bat forming
CADCHF has been patiently forming patterns after patterns. Again, now it is showing us another Bearish Bat Pattern. This time coinciding with a Sell Zone.
Weekend Analysis – EURGBP a cautious Bat Pattern
A Bullish Bat Patterns is forming on the EURGBP. However, the fundamental backdrop is indicating more downside. Will be trading this with caution.
Weekend Analysis – GBPJPY seen the bottom
GBPJPY has probably seen the bottom. There is evidence of bulls coming into the market and we are looking for opportunities to go long on any form of weakness
Weekend Analysis – AUDUSD going long on any weakness
The risk off sentiment received a breather as China and US set to resume trade talks. We saw the USD losing strength as traders move away from the safe heaven currencies. USD weakness also partially caused by the NFP data coming in weaker than expected.
Weekend Analysis – CADCHF Trading what you see!!
CADCHF has been consolidating for weeks and we have been trading the Patterns as we see them. Will continue to do so as the pair is showing us a Bearish Bat and a Bullish Shark