TrustedFxTrades

TrustedFxTrades

AUDNZD has moved lower to form the next lower low, we can anticipate two things to happen for next week. 1) Price keeps pushing lower making the lowe low deeper. @) Price looks to form a lower higher near trendline and resistance.

TrustedFxTrades

GBPCHF seems to be forming a 1-2-3 correction to continue the downside. The only directions of interest is for the price to break out of the corrections and head lower.

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GBPAUD has had a good pullback to continue the downside. I see two possibilities for next week. 1) We form a lower high and continue the downside. 2) We break above the highs and start an uptrend.

TrustedFxTrades

SInce CADJPY has broken out of the ascending wedge we have been going down strong. I see two possibilities for next week. 1) We continue to the downside form where we are now. 2) We retest a minor descending trendline and retest a level of resistance potentially making a correction back to the downside.

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NZDJPY is struggling with what it wants to do. I see two main possibilities for next week. 1) We break through the resistance and head higher to the weekly ascending trendline. 2) We break under the support and minor trendline, possible 1-2-3 correction for the downside back to the bottom of the daily ascending trendline.

TrustedFxTrades

AUDNZD broke out of the ascending daily trendline and started to form a downtrend structure on the H4. I see two possibilities for the downside next week. 1) Price can retrace to either resistance zone near the descending trendline and form a lower high. 2) Price can keep falling form where it is now.

TrustedFxTrades

GBPCHF has retraced to a resistance level and is forming a correction to the downside. I see two possibilities for the downside next week. 1) Price can break out of the correction form where it is now and head to for a lower low. 2) Price can make the correction bigger retesting the resistance level and then head back down.

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GBPAUD has retraced to a resistance level and is forming a correction to the downside. I see two possibilities for the downside next week. 1) Price can break out of the correction form where it is now and head to for a lower low. 2) Price can make the correction bigger retesting the resistance level and then head back down.

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Last week we broke out of an ascending channel respecting a Daily descending trendline. I'm only interested in one possibility this week and that for the price to push down further.

TrustedFxTrades

CADJPY broke out of the ascending wedge last week. Price since has been retesting a minor level of resistance. Im mostly interested in only one possibility this week. And that's for price to respect the minor level of resistance and start making a downtrend structure.

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NZDJPY pulled back to the 61.8 area on H4 and since pushed up a bit. I see 2 possibilities for this week. 1) Price can break above the minor resistance area and push higher. 2) Price can respect 1HR downtrend structure and price can head lower from where it sits now.

TrustedFxTrades

AUDNZD respected the daily ascending trendline and broke out of a minor H4 descending trendline. I see three possibilities for next week. 1) Price can keep going up from where it is now. 2) Price can retrace to the daily trendline and minor support level and push up from there. 3) Price can break through the trendline, form a bearish correction and fall.

TrustedFxTrades

GBPCHF broke out of the rising channel and reached the low. Looking for price to form a higher low. On the chart are some levels it can pullback to.

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GBPAUD has reached down to form new lows. We are below a weekly rising trendline. We are now waiting for a higher low to form to enter into short. On the chart, I have some levels to where it can pullback to.

TrustedFxTrades

Last week CADJPY continued inside the rising wedge since I have adjusted the wedge to the current price. I see two main possibilities this week for this pair. 1) We continue in this rising wedge. 2) We break out of the rising wedge and head lower.

TrustedFxTrades

NZDJPY seems to be forming an expanding flat correction on the 1HR, I see to main possibilities for this pair next week. 1) Price can head lower to the 61.8 area and support zone and price to head back up. 2) Price can keep going lower near the 88.6 area for price to make a daily 1-2-3-4 correction back to the upside.

TrustedFxTrades

AUDNZD has pulled back making structure pulling back to the 38.2 fib level. Price is sitting on a strong support and resistance zone and also on a daily rising trendline. Last week, price starting consolidating on the 1HR once price reached this level. I see two main possibilities for price this week. 1) Price respects the support and resistance level, and the...

TrustedFxTrades

GBPCHF has maintained this current channel very well. I see two main possibilities for this pair next week. 1) The price will come down near the bottom of the channel and support level, respect them, and head back towards the top. 2) The price will come down and break out of the channel and support zone retesting as resistance had price coming back down to the...