Disclaimer: This trading journal/market anlysis is for educational purpose only and it's not meant to be taken as financial guide or trade alert/signal. It is mine personal opinion/perspective on some selected trading instruments on daily basis.

Risk Warning: Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.

GBP/USD
The currency pair pulled back at the end of today, after a big rally from yesterday's bullish candle. The 1.26385 resistance level stood it's ground firmly, pushing the Cable to close bearish. It is speculated that the pair will continue the downward move towards 1.25400 support level this week.
A break above the high of today's bearish (rejection) candle would be in support of average traders sentiment.

EUR/CAD - Bearish sentiment
The pair has been goind down gradually since price was rejected at 1.47365 resistance level. It is hoped that positive report on GDP m/m of CAD by 1.30 pm today could further send it to the south. Price could get to 1.4625/20 the next support area

successsam121:
EUR/CAD - Bearish sentiment
The pair has been goind down gradually since price was rejected at 1.47365 resistance level. It is hoped that positive report on GDP m/m of CAD by 1.30 pm today could further send it to the south. Price could get to 1.4625/20 the next support area

EUR/CAD eventually fell massively as analysed yesterday coupled with the positive GDP data from CAD today as price broke through 1.46229 support level. It is speculated that price might get to 1.45092 support level by next week, probably.

successsam121:
GBP/USD
The currency pair pulled back at the end of today, after a big rally from yesterday's bullish candle. The 1.26385 resistance level stood it's ground firmly, pushing the Cable to close bearish. It is speculated that the pair will continue the downward move towards 1.25400 support level this week.
A break above the high of today's bearish (rejection) candle would be in support of average traders sentiment.

Great! GU finally hit the 1.25400 support level as earlier predicted giving over 80 pips to the downside.
We are still bearish bias on GU as the ISM manufacturing PMI data remains positive for the USD

successsam121:


EUR/CAD eventually fell massively as analysed yesterday coupled with the positive GDP data from CAD today as price broke through 1.46229 support level. It is speculated that price might get to 1.45092 support level by next week, probably.

EUR/CAD has dropped over 150 pips since we spotted bearish move last week. It is expected that it continues the downward move to 1.45092 as analysed by the end of this week, probably.

AUD/CHF - Bearish Sentiment
Last month, the pair touched it's last high of September 29, 2023 (Double top) but was rejected at 0.59206 resistance level as it tested this level 3 times in the last 2 weeks but couldn't break through to the upside. Thursday's, 28/03/2024 bearish candle seems to be a confirmation of it's subtle downward move where the candlestick completed the 3 candlestick formation of an inside bar.
Hence, we are bearish bias on this pair. Conservative trader will likely enter at the close of today's bar with a wide stop above 0.59206 horizontal line. Our target is 0.57711 and further to 0.5725.
Trade Responsibly.

successsam121:
AUD/CHF - Bearish Sentiment
Last month, the pair touched it's last high of September 29, 2023 (Double top) but was rejected at 0.59206 resistance level as it tested this level 3 times in the last 2 weeks but couldn't break through to the upside. Thursday's, 28/03/2024 bearish candle seems to be a confirmation of it's subtle downward move where the candlestick completed the 3 candlestick formation of an inside bar.
Hence, we are bearish bias on this pair. Conservative trader will likely enter at the close of today's bar with a wide stop above 0.59206 horizontal line. Our target is 0.57711 and further to 0.5725.
Trade Responsibly.

Stop loss hit as AUD/CHF made a U-turn yesterday and continue with the upward move as against, the bearish analysis bove. The CPI m/m day that was reported (this morning) few minutes which doesn't favour CHF signals a possible continuation of the bullish move.