AUDUSD H1 - Break and retest seen on this support zone at 0.71400. The resistance at 0.72 held long enough until Trump spikes the markets and the USD sees market strength. Effectively a double top pattern, looking at the second stage.
EURJPY H4 - Looking for this pair to find support at current price on that 124.500 half number. Monthly key level, previous S/R and trendline test. Few confluences there, just need to hold off and see if we find support first with some maybe H1 reversal signs.
Signal was sent on Oct 4 for Cable short. 100+ pips caught, the current situation facing this pair is that cable is going for a restest of 1.3 price level.
It would be best now to exit your short position, if you have not already, and wait for the double top to form at 1.3. With the volatility seen led by fundamentals...
NZDUSD H4 - Support zone held nicely, lots of confluences on this support zone. Monthly key level, local support zone and, whole number support. Ascending trendline too ties in nicely. Not sure how much mileage this has in it, but already pushing 1:1.
GBPUSD H1 - Long setup shown here, if we double bottom on 1.27 and break to set new highs, we could retest either 1.27300 or 1.27 for a third time to then bounce and reverse the trend, we are in consolidation at the moment I would say, so a breakout could be expected soon!
GBPUSD H1 - Another H1 chart here for a GBP pair. If we can push up again to test 1.29 possibly, that could warrant a good rejection to see us back down to the previous low region again and then possibly beyond.
+4.5% growth during the last 10 days on EURGBP .
Pound keeps losing its grounds on brexit news.
however, based on 3 days chart analysis you can see that the market is facing a crucially important zone of supply.
its lower boundary - 0.93 level is based on 2019's structure high (immediate bearish reaction followed and -10%...
USDCAD H4 - Would be nice to see a rejection from the current zone we are sitting on, we have ADP employment data figures coming up which is going to have an impact on the USD shortly, this will be catalyst for a breakout most likely. Eyes peeled.
DXY H4 - I think a lot of todays movement has been relatively tame, Monday will be much the same as we have UK bank holidays. Will look to follow pairs and headlines today, the weekend and Monday, ready for Tuesdays market volume.
Gold H1 - Still in consolidation, looking to see how we respond to this consolidation resistance. Bearish flag forming, but of course waiting for price action confirmation from resistance, or a support break and retest.
CADJPY H4 - Been a bit of a slow pair this week. Failed to break much above 80.300 this week, this being the key price (neckline) to break. 80.000 keeps holding as support which is good, so be interesting to see if CAD retail sales spurs on CADJPY upside... Data up in 20 minutes!
GBPAUD H4 - Couple of downside support break attempts, but eventually all closed within our support region, trading above 1.82 at the moment, seen an initial bounce, BXY was covered in the video rundown, lots of resistance and previous highs in sight, so will take some sort of catalyst to give GBP the push to break those tops.
EURUSD H4 - Seen some consolidation on this 1.19 handle since we tie in with our previous resistance highs. We could see some market relief, to correct this recent bull run, but I think we should break resistance at some point and trade above 1.19. DXY is on support, anticipating DXY support to break, but as mentioned, we may see a mild bounce/correction first,...
- Dont be silly with your position size. - Be ready to add positions if you need to -
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