GBPNZD rose on sunday to create fomo for retail traders, now at an optimal selling point and still being engulfed by the previous bear candle on the 4HR. The daily candle is also very weak with a large amount of selling pressure; could also be forming a H&S on the DAILY!
CADJPY looking solid for a short, this zone is very strong and should hold for at least 70-80 pips. I will set my first take profit at 83.150 and second one at 82.700. Since the zone is very strong and respected we can use a tight SL at 84.150. R to R = 4to1
Gold has had massive rallies and retracements the last few days. This being said, it looks like we are looking at a breakout into the lower region between 1538 and 1526.75. I have mapped out a few really important key levels and I recommend entering with caution. Once gold passes 1454.50 I will enter a short.
EURCAD after hitting a key resistance on the 4HR and due to Powells announcement reassure the big short is activated. I believe a minimum of 100pips will be seen due to daily trendline placements.
