Good morning everybody hopes all are well and continue makes a good profit. I am a little sick because I have to take Covid 19 vaccine and it makes me sick. I also talk to the doctor he says it's normal and the fever still in two or three days. I show USD again try to make weak which are again make up move on EUR/USD and GBP/USD. I show USD/CAD also try to go down which are says everything happens for USD makes weak. I also share my USD related currency technical and fundamental analysis hope it's will make true and we can make a good profit from this analysis.
My GBP/USD analysis on the daily chart
GBP/USD reject the strong support area and 20SMA at 1.3880 level than it's again trying to go up and break the 5SMA at 1.3955 area which says it's will continue to go up for target at 1.4250 level. I show USD already makes weak which also be help GBP/USD to continue to go up. I show the daily chart already complete a triangle pattern which is just confirmed by entry. so I think it's the perfect time for taking buy entry on GBP/USD for a target at 1.4220 level and set stop loss at 1.3820 level. H4 chart also makes a good chart pattern which also says GBP/USD will continue to go up so we should take buy an entry for makes a good profit.
My EUR/USD analysis on the daily chart
EUR/USD reject the strong support area at 1.2000 level and again try to go up which says we can get again buy chance here. But I think we should wait to get confirmation because we should wait to break the 5SMA and 20 SMA for a trend change. I show EUR/USD now stay at 1.2086 area and 5SMA and 20SMA are stay on 1.2095 area. so I think we should wait for breaking the 1.2100 level. If EUR/USD can break the 1.2100 level so we will take buy an entry for a target at 1.2220 level by setting our stop loss at 1.2050 level. Though USD makes weak so hope it's will break the 5SMA and 20SMA very quickly and we can take buy an entry for making a good profit from EUR/USD trade.
My USD/CAD analysis on the daily chart
USD/CAD just confirmed a bearish pattern on the daily chart. Because I show on the daily chart after rejecting the strong resistance area at 1.2740 level it's trying to go down and break the 5SMA at 1.2660 level then continue to go down and break the 20SMA at 1.2630 level which is just makes confirmed downtrend. I show a daily chart already open bearish candle which says it's the perfect time for taking sell entry on USD/CAD for long time target at 1.2480 level. USD also makes weak hope it's will continue which will help USD/CAD to continue to go down. So we take sell entry on USD/CAD at 1.2630 level by setting our stop loss at 1.2680 level and our target will 1.2480 level.
One big risk can finish your all capital so use a small lot size and follow proper money management which will help to control your loss and risk and get success in forex. Best of good trading.