forex technical Analysis weekly

FOREX Analysis 7 to 11 June 2021

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1,686

Technical Analysis for Pair in FOREX Market

8-June-2021

EURUSD

EURUSD-H4

EURUSD-H1

The price is on its way to the CH1 channel. We expect to long by break out the upper line of channel and and RES1 resistance . In this case we have

Buy @ 1.2214  Sl@1.2175 TP1@1.2235 TP2@1.2269 TP3@1.2295

GBPUSD

GBPUSD-H4

GBPUSD-H1

At the moment, if the res1 resistance range is broken, which is about 1.4220 , we will long in this case

Buy@ 1.4222 Sl@1.4189 TP1@1.4238 TP2@1.4287

AUDUSD

AUDUSD-H4

As can be seen in the chart, the price is moving in the channels CH1. If the channel upper line and the resistance RES1 is broken  enters the long trade, then we have

BUY@0.7772 SL@0.7745 TP1@0.7787 TP2@.78.00 TP3@0.7855

USDCAD

As can be seen, the price is suffering after its significant downtrend and is shaping the flag pattern. In this case, we expect it to continue to move significantly, depending on the broken  each of the support  Or resistance.So we can enter short  or long position in this case

Buy @ 1.2155 sl@1.2130 tp1@1.2195  tp2@1.2219

sell@1.2006 sl@1.2031 tp1@1.1960 tp2@1.1895

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