The USDCAD break of a clear support level on the daily time frame. I’ve marked this old support level, which now act as the new resistance level. If price can pull back and print a bearish price action at that level, I will go short. Keep on watching the intraday, like 4-hour and 1-hour chart.
USDCAD daily chart
USDCAD 4-hour chart
Price on USDSGD (US dollar vs Singapore dollar) moving back to the important support level on the daily time frame. Just preparing 2 ways plan on this pair. Price is in the bearish mode right now and could break through the support level, but on the opposite side if we can get a signal to go long there is space for the price to go up.
USDSGD daily chart
Right now, price on CHFJPY is on the important daily resistance level. Price has respected this daily resistance level in the past, as you can see on the daily chart that is marked below. If the price could form bearish signal on the daily or intraday time frame, we could open a short trade on this pair.
CHFJPY daily chart – zoom out
CHFJPY daily chart – zoom in