jasperlawler

The dollar index is in a pullback from an uptrend on the daily chart. 95 is key support Scenario A) 95 holds and price pushes higher toward 96.15 Scenario B) 95 breaks and ends uptrend for larger drop

Scenario A) 1.1390 to 1.1410 holds as support and daily hammer could mean a bigger bounce Scenario B) Downtrend resumes with break of 1.13

GBPUSD is in a solid downtrend and short term trades should still focus to the downside However, support from 1.265 and a weekly oversold condition could mean the market is ready to bottom out

Bitcoin is in a bearish trend but has run into key 6000 support again Scenario a) Price breaks above triangle consolidation to begin short term uptrend toward 7150 Scenario b) Price holds triangle top, possibly setting up major decline

Following daily trend lower with confirmation from bearish candle closing below 1220 support Scenario A) play break lower to 1205 Scenario B) Price rebounds for second touch of 1220 before downside resumes to 1205

A bearish engulfing daily candlestick has confirmed the 20/50 DMA resistance zone Scenario A) Wait for rebound up towards 74.50 and move off oversold conditions on 4hr chart Scenario B) Follow 4hr trend lower as price breaks below 73

Bearish in line with daily price trend - bullish risks from price holding 1.30 after a BOE rate rise Scenario A) - price breaks rising trendline on 4hr chart to test support Scenario B) - price moves for another test of 1.32 - 50 DMA before resuming decline

Gold in sharp short-term trend Scenario a) A bounce to previous support at 1221 finds resistance Scenario b) More material pullback with new short opportunity around 1235

A bounce to 1.1675, the last 4hr broken support would be a chance to jump on daily bearish trend at a better R:R to target range lows

Scenario A) Gold downtrend resumes from 1248, conservative target of 1241.5 because of possible double bottom on daily chart Scenario B) Daily double bottom is in place and look for long opportunities after a close above 1248

Dollar yen has broken out of its long term triangle pattern- LT resistance near 114.5 Scenario A) 4hr correction ends - trend continues to 113 Scenario B) 4hr correction has further to go - look for new longs near 112

EURUSD price sits right in the middle of the range but daily pin-bar suggests bullishness Scenario A) Daily pin-bar could gain momentum if 1.169 breaks. 1.176 as a ST target Scenario B) Bearish 4hr candle underneath 1.169 suggests downside back towards 1.165

Greene King, ITV and Sports Direct all potentially reversing longer term declines

The British pound remains in a downtrend for now- but appears to be transitioning to a sideways range from 1.305 to 1.335 Fundamentally what Trump says about a US trade deal (GBP negative) matters less than improved chance of a soft Brexit from new UK gov whitepaper (GBP positive) Scenario A) Downtrend pauses -- Price rebounds from 1.305-1.31 support zone to ...

Brent crude had a dramatic 6% daily drop on Wednesday- The break of a long term up-trendline is a likely precursor to more weakness. Scenario A) Price rebounds from 72.50 support back towards 76 resistance. Bearish action resumes from 76 or price continues higher into range Scenario B) Price continues to fall below broken trend line with immediate break of ...

Scenario A) A break of 111 as a continuation of longer term uptrend and breakout of daily triangle pattern. targets 11.40 then 112 Scenario B) False break of 11 followed by close below 4hr up-trendline for move back to 110

Downtrend in EURUSD shifting into sideways range- could resolve either way with potential double bottom Option 1 Wait for larger move higher to short the market in line with the longer term downtrend 1.172 is a S/R pivot and the 61.8% Fib of the drop from June 14 Option 2 Wait for drop back towards possible double bottom support for lower-risk counter-trend ...

Main bearish outlook-- Another break of the long term rising trendline is bearish Shallow rebound from 12610 low on June 19 has ended- setting up re-test and likely break of 12600 Next key support could be 12400 Bullish alternative 12600 level holds, maintaining trading range enrivonment (level is significant because it was resistance after the February sell-off ...