Looking like a potential build up of orders waiting to go short at around the 1.2600 level if the USD weakens and EUR gains strength, if not and it's a possible wait there could be a chance round 1.1800 level to go long, however would need to wait for USD strength.
LITECOIN could start to see a rise again as the market looks to be slowing around the key support levels around $170.00.
Price looks to be slowing down as it approaches the trend line support which was once resistance. If we see bullish price action here we could look for long
opportunities back into the highs.
GOLD has been on a tremendous run of recent and continues to test new highs. Looking for the market to have some form of correction however if the USD fail to kick in we could see the trend line being used as support and a break up to $1400.00. If we were to break lower we could see GOLD re-testing the $1300.00 level.
The GBP has been getting slightly stronger recently however the is still some uncertainty, so further weakness of the GBP, and that would hit a lot of Sell orders around the 0.8900 area potentially in time for further GBP strength off good Brexit news.
AUDUSD bounced perfectly of the 0.7500 level as expected. Price continues to move higher and is approaching the next weekly resistance level. The moving averages have crossed now and expect continued upside as the weekly trend seems to be starting. Ideally we would like to see a pullback into the support zone and 61.8 Fibonacci before looking for long...