EU is currently in a overall downtrend. I am expecting EU to break and retest daily and 4H support levels. In addition, the formation of a symmetrical/descending triangle has developed on the daily and 4H time frames. Good luck!
USDCAD is in an overall downtrend. I am expecting USDCAD to break and retest 4H support and head down to daily support level at 1.38488. From there, we will re-enter on the bounce of the daily support or the break and retest of the support turned resistance at 1.38488. Good luck everyone!
AUDUSD has reached a weekly support turned resistance level at 0.63800. I am expecting AU to to drop to significant support and resistance levels in which correspond with a retracement of Fibonacci levels implying that AU could be in an overall uptrend. I am expecting AU to drop to 0.602100 and 0.60800 before any further bullish momentum.
DXY looks to have still be in an uptrend retracing 0.786 Fib and continuing to be bullish. I am expecting DXY to break 100.3-100.4 resistance and retest before more bullish continuance.
EURCAD is currently in a downtrend on the daily and 4H time frames. I am expecting to take short positions within the breaks and retests of daily and 4H support levels. If breaks and retests do not occur, I will not be entering. Please do your own due diligence before entering trades. Good luck!
AUDCHF is currently in an uptrend and by the looks of it, it has been respecting the significant price level of 0.62000. I am looking to enter a long position at the break and retest of that 0.62000 level. Though, a trend reversal is possible, since it is still in an uptrend, I am looking to long this pair.
UJ 4H chart indicates a long position with the break and retest of an uptrend support. The wicks above the broken support zone on the 4H chart indicate a strong rejection. Expecting UJ to hit a significant area of support and resistance at 108.5
Entering short at breaks and retests of downtrend support and resistance levels
AUDUSD 1H chart shows the beginning of a trend reversal, will be entering at breaks and retests of downtrend support and resistance levels.
DXY is respecting a strong support and is expected to continue bullish in order to finish the symmetrical chart pattern
Expecting bearish continuance, breaking and retesting 4H support levels on the downtrend
USDCAD is expected to retrace before continuing downward. It's overall trend is bearish but could see bullish strength at daily support level
UJ retraced at the 0.5 fib level and is so far respecting major support and resistance zones. Waiting to enter on the breakout of the bullish flag chart pattern.
EU is testing a significant area in which can lead to a minor sell