Looking to go short on EURJPY today with price violating key strcutures, this could be an ideal point for a bearish drop
Looking for a continued bearish pull to the downside on EURUSD today. and with the current 4hr close, this could see price drop down to next levle
EURJPY - Downtrend This week on EJ, I will be looking for sell positions all through the week. what we can clearly is price repeating similar structures on the 5mins timeframe.
Bullish presence is still strong on GBPJPY despite price failure to break above key demand zone from last week. we anticipate with this current 4hr candle break above previous high could be the spark of a continued bullish trend to previous high point since we have an indication of lower highs forming.
What we can see right now is clear bullish presence on EU. giving the Euro more dominance against the US Dollars which we've seen in the last few days. with a break above minor 4hr resistance, we hope to see a possible push into support level as we anticipate how that level to react either with a break above or reject from the level and drop further.
USDJPY is currently rejecting support level on the 4H timeframe and with extra confluence from the daily and weekly timeframe, it seems we might see a continued bullish momentum for UJ this week as we anticipate a long term drop due to an overly extended bullish trend.
Looking at Gold with a strong bullish pressure to the upside, I anticipate the bulls to continue pushing further as we break above daily high at around 1787.66 level.
From the previous video I uploaded on GU, we just broke above resistance, going LONG
Good morning traders. I'm looking for a potential buy on GBPUSD. With the strong bullish trend from the Asian session, the pre-London session is seeing a slight pullback. If this level holds, I'll wait for a close of 7AM candle above 1.41590