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#USDCAD: Important Breakout USDCAD suddenly bounced yesterday. The price formed a high momentum bullish candle, breaking a solid horizontal resistance and a primary falling trend line. I believe that bulls may push the price much higher now. Next goal - 1.366

#NZDJPY: Pullback From Key Level NZDJPY is taking off from key support. The price formed a double bottom on that and broke its neckline. Goals: 84.35 / 84.8

#CADJPY: Bullish Outlook Explained CADJPY broke and closed above a solid horizontal supply zone on a daily. The broken structure turned into a demand zone. Probabilities are high that a bullish wave will initiate from that. The goal for buyers - 101.0

Dollar Index (#DXY): Your Detailed Trading Plan We have spotted earlier a confirmed structure breakout on Dollar Index. The market is retesting that at the moment. To catch a bullish move from that with a confirmation, watch a double-bottom pattern on the 4H time frame. 104.05 - 104.09 is its...

USDJPY: Key Levels to Watch This Week Here is my fresh structure analysis for ⚠️USDJPY. Resistance 1: 134.48 - 135.475 area Resistance 2: 137.6 - 138.6 area Support 1: 132.6 - 132.9 area Support 2: 129.7 - 131.05 area Support 3: 127.2 - 128.2 area Consider these structures for pullback...

EURNZD: Classic Bullish Setup EURNZD broke and closed above a neckline of a huge ascending triangle formation on a daily. Watch the underlined blue zone carefully. It is a contracting buy zone based on a trend line and a broken neckline. I will expect a bullish wave from that. Next resistance...

#CADJPY: Bullish Outlook Explained CADJPY broke and closed above a wide horizontal supply zone on a daily. The broken structure turned into a demand zone now. Probabilities will be high that the price will bounce from that. Next resistance - 100.95

Dollar Index (#DXY): Important Breakout So the range, that we spotted earlier on Dollar Index, is finally broken. The market successfully closed above that on a daily. Now a further bullish continuation is expected. Next target - 105.1

#EURCAD: Bearish Outlook Explained EURCAD is approaching a solid horizontal resistance cluster. The price formed a double top, testing that. Its neckline was broken then. I expect a bearish move to 1.4333 / 1.4319 levels now.

#GBPCAD: Classic Bullish Reversal GBPCAD reached a key daily structure support. The price formed a head & shoulders pattern on that and broke its neckline, then. I expect a pullback to 1.6165 / 1.62

[Consistent actions lead to consistent results] I remembered my first trading system. It was a Bollinger Band mean reversion strategy. You buy when the price is at the lower band and sell when it’s at the upper band. The first few trades I did were winners, then the losses came and I figured...

#AUDNZD: Classic Structure-Based Trade AUDNZD reached a wide horizontal demand area. The price formed a double top on that. Its neckline has just been broken. I expect a pullback to 1.101 / 1.102

#EURJPY: Important Breakout EURJPY finally broke and closed above a major horizontal resistance cluster on a daily. The broken structure turned into a key support now. I will expect a bullish continuation to 145.0 / 146.3 levels.

#EURUSD: Waiting For a Breakout After a strong bearish movement, the pair is consolidating within a narrow horizontal trading range. 1.065 - 1.068 is its support. I am waiting for its breakout (daily candle close below) to be short. The pair will most likely drop then. The goal will be 1.053

MarketBreakdown | Dollar Index, GBPUSD, USDCAD, EURNZD Here are the updates & outlook for multiple instruments in my watchlist. 1️⃣ Dollar Index (#DXY) daily time frame The market is consolidating within a narrow horizontal trading range. Taking into consideration that the index is very...

#USDJPY: Will We Go Higher? Update for USDJPY. Earlier, we spotted a confirmed breakout of a falling parallel channel on a daily. The price has nicely respected the underlined blue zone we considered the buy zone. The price bounced from that and set a new local higher-high higher close. I...

GOLD (#XAUUSD): Detailed Structure Analysis Here are the important key levels to watch on Gold. Resistance 1: Major broken trend line Resistance 2: 1897 - 1904 area Resistance 3: 1946 - 1959 area Support 1: 1817 - 1832 area Support 2: 1765 - 1777 area The market remains relatively weak. It...

Here is my latest structure analysis for ⚠️NZDUSD. Resistance 1: 0.6412 - 0.644 area Resistance 2: 0.6505 - 0.6538 area Support 1: 0.619 - 0.6226 area Support 2: 0.6155 - 0.6165 area Support 3: 0.606 - 0.6095 area Consider these structures for pullback/breakout trading.

GBPCAD is taking off from a key horizontal support. The price has formed a bullish engulfing candle on 4h, approaching that structure. A double bottom on an hourly time frame was formed. I expect a pullback to: 1.618 / 1.622

#GBPNZD: Bearish Move From Key Level GBPNZD reached an important supply cluster last week. The price formed a double top pattern on an hourly time frame approaching that. I expect a bearish continuation to 1.903