Adewale's views on the Charts is not advice or a recommendation, it is educational and general information only, all charts are depicted as daily time frame unless stated underwise.)
EUR/USD continues its bullish run earlier in the session before succumbing to bearish push and ended the day somewhat indecisible.The bullish strenght in this pair is still much alive.We look forward to any buying signal in the near term to trade into the next resistance zone aroun 1.3700.
GBP/USD retraced lower today as expected after yesterday explosive move, and ended the day by forming an inside bar signal.This setup has capacity to act as a bullish continuation signal.The next resistance zone can be seen at 1.6311.
USD/CAD rotated earlier today and later pullback to value/horizontal resistance zone as expected after yesterday massive bearish moves.We are looking at the probability of blindly trade in line with bearish momentum from this zone.A bearish confirmation setup can be look out for at intra day candles.
AUD/USD retrace a little today and ended up the day by forming an inside bar which can act as a continuation bullish setup for this pair.The next resistace zone can be see at around 0.9660.
EUR/USD continues its bullish run earlier in the session before succumbing to bearish push and ended the day somewhat indecisible.The bullish strenght in this pair is still much alive.We look forward to any buying signal in the near term to trade into the next resistance zone aroun 1.3700.
GBP/USD retraced lower today as expected after yesterday explosive move, and ended the day by forming an inside bar signal.This setup has capacity to act as a bullish continuation signal.The next resistance zone can be seen at 1.6311.
USD/CAD rotated earlier today and later pullback to value/horizontal resistance zone as expected after yesterday massive bearish moves.We are looking at the probability of blindly trade in line with bearish momentum from this zone.A bearish confirmation setup can be look out for at intra day candles.
AUD/USD retrace a little today and ended up the day by forming an inside bar which can act as a continuation bullish setup for this pair.The next resistace zone can be see at around 0.9660.
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