EURGBP H1 - Start of a potential reversal, double bottom on our big D1 support raised my eyebrows. Looking to break above 0.89400 and then retest 0.89100.
This would be a perfect start to a 2 stage reversal, but this is required before any further consideration. D1 support zone, failed lower low, break above key level and previous high, retest support. Bullish...
USDJPY H4 - Fresh lows being seen now on the lower timeframes, just need to sustain this for the daily close. Yesterday was a bit of a strange day to see initial strength (short lived on USD), but the bearish theme continues.
USDJPY H4 - Still bearish bias for the USD personally, there isn't any real reason to justify reasons otherwise. Popped back above S/R but nothing to indicate a change in trend, USDCAD is the anomaly, setting fresh highs off the back of OPEC talks. Summary in the above video.
EURUSD H4 - As we know, practically the mirror image of DXY. Trading above the s/r zone, resistance price at 1.22700-800, new highs required to maintain upside trend, and subsequently downside trend after fresh lows on DXY.
EURAUD D1 - Support to resistance range is back in play, support has been adjusted slightly after last weeks downside attempt, broke back above 1.61, rejected that monthly key level at 1.62, retesting 1.61 support zone again, could be a good area to catch bid if this support holds.
NZDUSD H4 - Hugely bullish bias at the moment as these eastern pairs (A/N) keep inching higher and taking advantage of the soft USD at the moment, no doubt a correction will be due for the USD and we could see a retest of this broken zone.
Strong Impulse up and consolidated on the 50% of the swing. Then gapped up.
It may close the gap to shoot up.
Volume Area spotted with structure from the last swing high and Fixed Range tool.
Want to see it collect Liquidity in the "Blue trap" to show hints where it wants to go.
EURCHF D1 - Massive S/R range here offering a 10R setup from support to resistance, initial support at 1.07900 broke following an extremely bearish start to the week (D1 chart). Looking to scout out buying opportunities as we approach that 1.07200 support zone, market relief area, huge R potential. Although not as many confluences as I would like, I think the R...
NZDCAD H4 - That whole number support seems to be holding quite well, double bottom, failed to set a lower low from H4 support, neckline is around 1:1.5 so we could be sat risk free ahead of the next resistance price. 50 minutes until H4 close
USDWTI H4 - Video analysis with this one aswell, just looking and waiting patiently to see a retest of $43.50 a barrel, it's been a while since we broke this resistance price and we are just in bearish consolidation waiting to see if we can hit that big S/R retest number again. Yesterday we saw a stint downside to set a fresh low, so one more wave of consolidation...
I have a Bearish view. It came back inside it's channel, Levels you can spot on chart. But it is near swap zone. If it crosses 29850 let it make price action It's gonna come down.
And if it crosses 29450 level you can short BN. Wait for first 15mins candle close. Stoch RSI looks negative too. ✌️
Bank Nifty couldn't engulf below trendline (Just fake out). Tomorrow if it breaks the channel in first 15mins and crosses 28950, You can short BN. (Support levels at 28700 & 28600).
Watch out it can just break and can take support at 200EMA too. For long position, Let it cross 29300. (Resistance levels at 29450 & 29650). Market can be volatile, Be careful with...