EURAUD needs to complete ABC correction first, to continue failing.. until Daily trendline zone around 1.55000
Once wave C is completed we would be looking for short opportunities.
Also, you can look for long position until 1.59300(risky)
GBPCHF is showing the end of the bearish movement. The price is on a Daily region which can help to make a bullish candle pattern to start some bull move. Also is showing divergence in RSI on 4hr chart.
Lets wait a bullish candle close in order to enter a long position.
Let me know your comments.
EU moving at 1.14000, I think a nice correction can start during the following days, in order to touch the support zone on 1.15000 to continue the downside movement until 1.11500
Lets wait for a nice sell position.
EU showing a big weak moment. Weekly candle close very very bearish. We could see the price touching the 1.15000 support zone and we would see if price breaks to continue until 1.14500 Monthly zone.
In general, Look for short opportunities.
Don´t forget to follow me and check old analysis.
USDCAD is now at the Daily resistance zone 1.29900, we would wait for a potential breakout since CAD is getting stronger and touch the 1.29000 region and further 1.28000.
If price does not break the Daily zone we could see a new movement to the upside.
Don´t forget to follow me and watch my old analysis.
UJ in my perception seems to be in a bullish trend until 114.200 resistance zone. Price respected the 0.618 Fib retracement and at this point we are at .50 fib region. I will consider to enter a Buy position depends on the market opens.
Let see if we can reach our Main Target Fib ext -27% and Daily resistance zone.
CAD seems to be very strong against JPY, We can see a strong Daily bullish trend and in 4hr we can see the price is creating new Higher Highs. Next week we are going to see more bullish race for this pair. Let´s wait a good entry in 4hr/1hr chart to catch more pips.
Also we can see a possible Harmonic Pattern formation in the following weeks/months.
Good Luck ...
CHFJPY is showing a very very nice opportunity to go short. On a Daily Timeframe price broke the Weekly region and now is testing the same region to continue to the downside. In 4 hr timeframe price is forming a Double Top and we are waiting the final confirmation to enter a trade short. What is the final confirmation??? THE CANDLESTICK...