forex technical Analysis weekly

FOREX Analysis 3 to 7 May 2021

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Technical Analysis of currency pair is represent for each week. We used classic analysis . In some case you can see our analysis and idea and in other direct signal for entering market.Please pay attention to your spread and add those to our numbers.

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5-May-2021

NZDUSD

M15 TIME FRAME

H4 time frame

As you can see in 15 min time frame(first picture)  price is moving in a channel. If upper trend line of this channel break out we have a good opportunity for buy. H4 time frame show more detail of this signal

Buy @0.7187 stop loss@0.7168 Take profit1@0.7212 Take profit2@07266

USDCAD

According the chart we have a sell opportunity if support at 1.2267 break with this description we have

Sell @1.2260 Stop loss @1.2286 , Tp1@1.2223 Tp2@1.2180

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