Put your eyes on the support level trendline ( ST ) and dynamic resistance ( DR ) first, USD/CHF is creating a symmetrical triangle. It's also changing trend by hitting at ST or DR . At present, it's at ST.
By that means, it will touch T1 ( 0.9120 ), T2 ( 0.9160 ), and T3 ( 0.9180 ) soon.
And yes, don't forget to notice the rejection zone , tail , and...
According to this chart, NZD/USD is trying to move forward. We may see a reversal from the control price and that could fly for T1 ( 0.6575 ) & T2 ( 0.6615 ). In the previous week, it has dropped -0.87% . Hence, keep your eyes on level of 0.6526 . This level breakdown indicates a strong sell signal. Later on, the NZD/USD journey starts for support level...
Short positions below 0.7170 with targets at 0.7145 & 0.7115 in extension.
The crossover of hurdle (0.7190) lines means a short uptrend. Hence, don't initiate a position before confirmation crossover.
Hurdle Breakout(0.7190): 0.7214 - 0.7240 .
According to this chart, EUR/USD will keep moving upside. S-RSI crossover is confirming that. We may see the following levels soon: 1.1865 - 1.1915.
Keep your eyes peeled at the hurdle (1.1695) .
Breakdown of hurdle: 1.1640 - 1.1600 .
I don't recommend selling the EUR/USD until the breakout of my hurdle.
According to this chart, GBP/USD will keep moving upside. We may see the following levels soon: 1.3055 - 1.3085 .
Keep your eyes peeled at (C) level.
Breakdown of (C) level: 1.2955 - 1.2920.
Long positions above 0.6535 with targets at 0.6560 & 0.6600 in extension.
Alternative scenario
Below 0.6525 look for further downside with 0.6505 & 0.6470 as targets.
According to this chart, Australian Dollar / U.S. Dollar will keep moving upside . S-RSI crossover is confirming that. We may see the following levels soon: 0.7178 - 0.7199 - 0.7220
Keep your eyes peeled at the key level.
Breakdown of key level: 0.7120 - 0.7100 below
I don't recommend selling the AUD/USD until the breakout of my key level.
According to this chart, USDCHF is an uptrend for a short period. As mentioned above, we will see T1 and T2 soon. Beware to strong support trendline. It has tested twice! We are currently seeing buying pressure because of speculators and volatility.
If breakout the support level:
It will hit 0.87760 (T1) - 0.85600 (T2) to 0.83541 (2015 January's Low Price).
Short positions initiate at the hurdle line with targets at 1.1720 & 1.1695 in extension.
Hurdle 1.1750
According to the chart, the breakout of hurdle lines means a short downtrend. Hence, don't initiate a position before confirmation of breakdown. And don't buy/sell in that mid area.
USDJPY prices are falling since the mid-2015 year. In the 2020 year, it has made a low price of $101.180 . Are you still expecting up moves for the short-term? Then wait for the breakout of USDJPY-Bull Resistance .
According to my Parallel Channel (B), short positions in the range of $106 to $106.5 or below with targets at $105 - $104.5 - $104.260 in...
