WTIUSD H1 - Hopefully we can maintain a bit of bearish pressure to retest that broken resistance zone (now support) at 34.30 this should be a solid entry point! Already seen this, apologies for the delayed post, looking to break previous highs to maintain upside momentum.
EURCAD H1 - I've adjusted resistance zones to show hourly resistance now rather than H4 resistance, sat around that 1.53 handle. EUR has ripped over recent trade, would be nice to see a correction. No confirmation here, I wouldn't suggest taking a trade until we see some... 1:11 with current projections, so can afford to lose some by waiting for some PA...
EURUSD H4 - Nice initial drop from resistance as marked up yesterday, DXY seeing a bit of a bounce from that 98.85 support zone, wonder how far this correction may extend... Full rundown to be posted just after London open.
USDWTI H1 - Ultimately long bias on WTI for obviously and explained reasons over the last few weeks. Pulling back to this trendline support so we could see a bounce here to break the higher timeframe resistance. More noteable support zone at 31.30, so in the case we pullback this far, it could be wise to load up on positions.
NZDCAD H4 - Like I mentioned on the voicenote, big strength seen from these eastern pairs, AUD and NZD, outperforming as the week kicks off. Looking for a good H4 close, maybe another bullish H4, with a subsequent retest for long entries. at 0.85500.
Higher timeframe descending trendline break and retest, looking to break this local H1 resistance to maintain upside momentum.
USDWTI H4 - Breakout already seen, looking for a retest to find support and then upside continuations. As lockdowns and government restrictions ease, we should see continued increase in WTI and XTI and aviation and motor industries start picking up again, obviously s/d.
EURCAD H4 - Back on resistance, very similar to NZDCAD, haven't really seen much in the way of CAD strength, inflation earlier today wasn't great, but WTI prices should spark some strength. Previous selloffs from this zone as per recent posts, but no real crack downside, really want to see some bearish intervention in line with CAD strength and WTI price increases...
NZDCAD H4 - Finally starting to see a retest after the dovish RBNZ last week, looking to find resistance at around 0.85500 to then look for short continuations, again another solid 1:5+ RR
EURNZD H4 - We have obviously sold off nicely from resistance since the market opened, looking to find support at circa 1.78800, from here we could then have our eyes on a return to resistance up towards 1.82600. Very high RR setups.
USDCAD H4 - Retesting the trendline retest point, but ideally looking for buy entries on the red support zone around 1.38600, to be able to trade long up to 1.41400 ish.
NZDJPY H4 - Looking at these safe haven pairs yesterday and this morning, based on the key global topics we posted and the headlines we updated yesterday. We have seen significant ***YEN rallies. Many of which are now approaching resistance, so I'll have these marked up and dropped in the channel. High timeframe analysis too, so confirmation would be required...
NZDJPY H1 - Hit an hourly supply zone on NZDJPY, best out of the ***YEN pairs in my opinion. No confirmation here, not looking to signal this, just again making you aware of the zones, markets are very volatile still! But could be an excuse here for a market correction based on this mornings rallies... Gold is now starting to pullback up a little from that retest...
EURAUD H1 - Looking for a retest of this trendline and breakout zone intersection, this could be a good place to take shorts. Markets have started to wake up, but as mentioned, not a great deal of data during this next session overlap. Markets spiced up a little on risk headlines. But that may be shorts lived.
Descending triangle with a few fake-0outs on this pair. Resistance is holding nicely as per the green rectangular box, and the support on the red zone is also forming nicely. Could be a range bounce S/R structure going forward into the trading week ahead.
Gold broke resistance last week. Technically was trying to reject the H4 resistance of 1738.60, however poor USD retail sales saw a gold break this zone after initially rejection it in the morning. DXY in-between a key zone to trade from too, 100.30 is a key S/R zone. Possible gold longs after a clean retest a support hold on 1738.50
USDCAD H1 - If we see the bounce from support, this is what I was referring to on the previous comment, shorting from arrows indicated.
Higher timeframe break and retest, the retest zone has been seen. Now looking for a rejection on resistance to make that right shoulder, before seeing potential shorts.