It's still trying to break below 101.00 but I guess we'll have to wait until the NFP to see whether it will succeed.

USD/JPY Discussion

USD/CAD tested 1.3030, but it formed a hammer and an inverted hammer candlestick above that level on the four-hour time frame. I think that may have been the end of the current move to the downside.

USD/CAD

I expected it would reach 1.3160 - 1.3180, but it rebounded from 1.3150. More importantly, it formed a hanging man candlestick on the daily tile frame below the same resistance level. I think next target is 1.3000 again, especially if it breaks ...

USD/CAD

The pair rebounded from 1.3140, but the drop once again ended at 1.3000 and it appears that the pair has formed a double bottom there. I expect a new move to the upside.

USD/CAD

It has almost reached it. If it breaks above it and continues rising next target is likely 1.3220.

USD/CAD

USD/CAD seems to be in freefall right now. The nearest target is 1.3020 and I think it will likely reach it especially if it breaks below 1.3050.

USD/CAD

USD/CAD formed a doji candlestick above the support at 1.3120 on the four-hour time frame and I opened a long position with target 1.3180.

USD/CAD

So far there is no signal for a reversal to the upside, even if it has stalled at 41.92, so USD/CAD will likely continue climbing.

USD/CAD

I think the pair will be stuck in the sideways consolidation that started yesterday between 1.3240 and 1.3190 until the Federal Funds rate announcement tomorrow.

USD/CAD

For now the pair is still quite bullish and testing the resistance at 1.3170. I don't have any positions open at the moment though, I might wait to see what the results of the FOMC statement will be first before I open new ones.

USD/CAD

The pair also formed a shooting star candlestick on the four-hour time frame but it is still consolidating sideways. Hopefully today it will start falling.

USD/CAD

I doubt that drop will end before USD/JPY reaches 105.30, or it might even reach 104.60, which is (EMA)89 on the four-hour time frame.

USD/JPY Discussion

The part about the red colour has never occurred to me before, thank you for the advice. I should've edited my charts a long time ago.

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The pair bounced off 1.3095 and the last closed candlestick on the four-hour time frame is a doji, I think there will be a move to the downside towards 1.3000 - 1.2990.

USD/CAD

The pair is still testing the resistance at 1.3020. I think that if it breaks above that level it could reach 1.3100.

USD/CAD

It's possible, especially considering that it just broke above 1.2990.

USD/CAD

USD/CAD found some support at 1.2855 and bounced off of it after forming a double bottom and a spinning top candlestick on the one-hour time frame. I think its next target is likely 1.2970 - 1.2980.

USD/CAD