- AUDUSD last week formed a false breakout of the trendline resistance - and might go down close to 0.7100 support zone or even further downside - if the USD Index breaks higher, we could see the price moving back into the key demand zone. - positive CPI number will likely boost the Australian Dollar.
- back at key resistance and with current economic data showing growth. - we could see the USD break the highs despite the current pattern suggesting otherwise. - if we reject the resistance level again we could see a consistent down movement. - a rejecting will provide significant USD opportunities for Short (Sell) - this supply zone is key to identifying the...
CADJPY 1D - Potential BUY - above the support level
WTI OIL 1D - sitting at the key resistance of 64.00 - the low range candle indicate that we could have some short-term weakness here - we expect price to fall to 60.00 - if price breaks below that support a continued fall to $55.00 will be next. - CHART ON PRICE LEVEL
GBPUSD 1D - indicate potential BUY for short term - formed triangle pattern - key zone - major support - if we break 1.31500 level we could move then to 1.34 -1.35 level BRUSSELS— agreed to postpone Brexit until Oct. 31 to allow British Prime Minister Theresa May more time to try to get the U.K.’s Parliament to approve the country’s divorce deal - fundamentally...
GBPAUD 1D - potential BUY - potential Buy for short term
GBPUSD H4 - short term buy opportunity - staying at major support level and key zone too! - We could find a buy entry point here for short term. - And if price break this trend line in down site then GBPUSD goes sell for long. Thank You!