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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