22 Feb USDCAD Trade Update

USDCAD long is still looking good.

Updated chart with trade management levels below. Another long entry area is shown, should you have missed yesterday’s long entry.

Red line = stop, green line = trade entry, orange lines indicate target areas.

22-feb-usdcad-trade-update

Advertisements

21 Feb to 24 Feb Watch List

EURCAD Daily chart

EURCAD is at a good support area, as indicated by the blue rectangle. We are now keeping an eye on price action to see whether it sets up for a long trade.

21-feb-eurcad-support.png

GBPUSD Daily chart

GBPUSD has been quite choppy at this support area. Resistance is close above.

We are in wait and see mode on this pair.

21-feb-gbpusd

 

AUDNZD Daily Chart

This pair is now approaching resistance  – we will wait and see what price action develops once the resistance area is pierced.

21-feb-audnzd

 

EURGBP Daily Chart

This pair is right on support. We are now waiting on further price action to show us the way.

21-feb-eurgbp