USDCHF coming into a range at the current market level. Parity level 1.000 remains the target for the bulls, double top currently present at 4hr with a triple top formation potentially taking place.. will be going short from there all the way to the supports located 0.994 and further down to 0.9900.
EURUSD currently retesting 1.135-1.136 range, with a trendline in play. Long opportunities to 1.144. Fibs 0.618 located at current level. Will be shorting if there is a strong direction change upon confirmation to 1.13 psychological handle as a second scenario.
Got majors confirmation,, EURNZD approaching 4hr trendline, could be a nice sell to psychological area of 1.68. 0.5% fibs located around current entry point of 1.6940 which could pose as possible rejection.
The 0.99 psychological target has now been fulfilled by the bulls with now what is looking like a possible turnover and bears taking control, will it happen? If the supports of 0.988/0.987 breaks I will be trading it all the way to the 0.98 handle.
Possible short from current area to support levels and if its broken could also give a shorting opportunity back all the way down to end of structure which will follow the prediction I gave earlier this week and also on thursday.
GBPUSD possible break/retest of trend line structure onwards to 1.28 psychological area.AS ALWAYS wait for confirmation before entries, remember your checklist students! Also remember fundamentals are strong for this week on GBP. Trade with caution this pair if you do!
Time for some possible CAD easing to come, possible confirmation for sells around 1.33 and if broken, then to the upside to continue with USD's recovery process could be traded. Both scenarios I shall be looking out for ;)
EURUSD possible buy opportunity if it comes to support areas located with a continuation to previous high of 1.157. Fibs 0.5 located around support (1.145) too. Break below 1.142 can present with good shorting opportunities. Lets see how this week pans out