Aud / Jpy refuses to go down, although on larger timeframes it should have been a long time ago. So what we can expect on smaller timeframes is to come to the retest above. We have marked 2 buy positions for you.
We will now do a slightly different analysis. Pair like currently cad/jpy not very appreciative of trading. For the simple reason that the analyzes on different timeframes do not match. If we are going to look at a larger timeframe, this pair should go to a minimum of 85,500 areas. If we look at the smaller timeframe, this pair definitely goes long. So our advice...
NZD / CHF this pair has tried a few times to break the area of 0.656 and failed. I think the trade is obvious.
Given that GBP / CAD has closed above a strong structure that 1.74 area, chances are high that this pair will continue upwards, at least one 100 pips. Plus we have a classic M formation, which also indicates that the price will go up.
We saw a strong rejection at 0.91400 area, where we assumed it would be. What do we have left? Long of course :-)
GBP / CAD broke strong on the 1.73200 area. Now what we have to wait for is to go back to the retest and get in long.
CAD / CHF is a long-awaited short. Finally, on the 4h timeframe, the structure that was at 0.73300 broke through. So the chances are high that this pair will go even further down.
EUR / NZD is in a very strong structure that we do not believe will pass. Notice the classic M formation, when a formation like this appears, the end of this pattern is that the price goes to the so-called neckline. Otherwise, on a higher timeframe, this pair should be higher, so our recommendation would definitely be long. It may be a so-called fakebreakout.
Eurjpy and on larger timeframes should go down for correction. We see a clear price decline around 130.5 areas. So our recommendation would definitely be short.
AUD / JPY clearly showed a rejection at 83,350 ares. Where the day candle closed. And the trend coincides that this pair needs to go up. So definitely our position for this pair will be long.
We need to wait to see if it will break through the structure around 1.28 or bounce. Certainly if it declines we can expect the price to reach 1.31, if it breaks and closes below 1.28 we can enter a buying position.
CAD / CHF is a pretty safe trade. This pair has two solutions, or they will go down to the trend, so they will be long from then, or they will deliberately go down to the dip as much as possible in order to buy it at the lowest possible price. According to the monthly and weekly shows, this pair should goes long.
GBP / JPY is on the major trendline, it is only a matter of time before the pound will react and move down, according to the indicators it still shows nothing, but the technical analysis says otherwise.
Gold tried to break through in 1876 but failed, so what we can expect is a further decline at least until 1804.