Ridmantas's Blog
USDCAD
Main move of week of USDCAD is UP, therefore awaiting pullback to get long positions. Stop loss is bellow low of the week.
GBPUSD
Next major movement of GBPUSD will be determined after price will decide which side of Triangle will be broken. After brake weekly average range will be reached.
USDJPY
USDJPY trading plan is clear for a while. I am watching with low of the month will hold or will be extended below 111.00. However, I it is expected that price will start moving to north to check high of the month, where my short loads will be prepared.
EURJPY
EURJPY didnt show any progress moving down along with other EUR and JPY pairs. Therefore, we will see longer consolidation or movement to north to high of the month.
USDCAD
USDCAD has completely bearish outlook, which was very slow last week. Rest pairs USDJPY/ USDCHF as well move to south. Therefore, there is high probability that next week we will see strong moves with wide ranges.
EURUSD
We have broken triangle with false breakout on upper line. Moreover price has pullback and test lower line in order to confirm and continue travel to 1.13.
GBPUSD
Unfortunately GBPUSD did not print Average range neither day/week. However, int might be indicator that we it will go upside to broke the line after then only will be determined where it is going to move.
GBPNZD
Price has print new high. Therefore it might be that price will come back to test it and will drop again when 1,94 will be touched.
GBPUSD
After breakout price has changed main move of the week do downside, which represents targets 1.3080 and next one 1.2950.
EURJPY
EURJPY has large scale resistance above and minor, fresh one support bellow. I've bet that large one will hold for a while and lower will be broken.