FX Department
USDCAD Picture worth 1000Words, a Probability!

USDCAD: Oversold – A quick
look at the stochastic oscillator graphing the oversold level to have an upward
impact on the dollar and visit the Bollinger band resistance. Will it work this
time? If yes, set stop below yesterday’s low.

ForexSurvivor uses only
“ForexSurvivor Octopus Indicator (FOI)”
in its chart analysis and it never uses the famous indicators such MA,
stochastic, Bollinger band etc. Famous Indicators are only depicted in our chart
presentation for simple understanding as trading is a much more complex network
than belonging to an artistic visualization.
FOI has never been released on any chart.
USDCHF:
The dollar is retaining the bullish gate as long as a close above 10740 is
triggered on a daily basis. The supports become the resistance of the daily
Ichimoku reading 10740 and its mini abyss that is evaluated at 10650. The exodus
of the bullish move should be set on daily close back below 10500.
Anthony Samaha
Trading Engineer
Risk Certification:
The Potential Flows of Trading Information constitute my (Anthony Samaha)
judgment and are not trading recommendations. ****
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