The weekly chart below shows a well defined higher low (green box) at 1.2310 zone.Which stands as a strong support zone from the bearish SECONDARY trend that begins last year April 2017. The USD/CAD may see some range bound within 1.231 to 1.2858 zone. NOTE: Any break above 1.2858 zone will change this currency bearish SECONDARY trend that start from April 3rd 2017 to new bullish trend (Primary bull trend begins). RISK DISCLAIMER RISK DISCLAIMER

The weeklychart below usd/cad chart shows a strong resistance zone spotted at 1.2858. Initialy the first and second candle that broke the resistance fails to close above it and this result to a defined false breakout. Price was  unable to close above 1.2858 zone and below 1.2665 level (red cycle) which indicate a strong side ways trading. A break below 1.2665 will indicate strong sell off while a break above 1.2858 one will indicate strong bull move continuation. RISK DISCLAIMER RISK DISCLAIMER

The chart below indicate a well difined bear trap spotted on eur/usd (red cycle) which falsely close below 1.1824 zone after four weeks of trading below this zone last week price close above 1.1824 zone which was making reistance (greeen cycle). The confirmation of last week indicate bear trap and this may see the eur/usd around 1.2047 zone in few weeks or months to come. RISK DISCAIMER RISK DISCLAIMER

The chart below shows a large inside bar spotted on gbp/usd weekly chart (two red cycles) for good three weeks of trading. finally last week trading ends above the mother high (green cycle) of the  pattern which indicate bullish continuation for the currency. This may see the currency around 1.3444 in few weeks or months to come. Breaking and closing above 1.3444 zone will see gbp/usd at 1.3601 level for it's full pattern target. Risk  Dis claim er Risk  Dis claim er

Analysis as of 29th October  Hello everyone, good sell sutup surface at USD/CAD on weekly chart wich will be aming at +700pips in time to come!!!! As of april 30th 2017, the USD/CAD begins it's bearish move afer some large reation rally. the currency fell till 3rd September 2017. The currency begin to see some strenght and this result to some reation rally( bull move) for two months hiting a strong resistance zone which stands as a mojor zone at 1.2858 level. A false move was spotted at the major zone (1.2858) as price break pass zone but could not close above zone. Which result to a well defined BULL TRAP ( false breakout ) this may see the USD/CD around 1.2005 in few weeks or months to come Risk Disclaimer

In-line with our previous analytical post on Gbp/usd sell is still intact but the currency may some rage bound within this two major levels. 1.3337 - 1.3074 spotted at weekly chart. NOTE: Don't forget is advisable not to anticipate breakout!!!