GBPUSD has made a breakout and retest out of our psychology support trendline I'm expecting bears to push the price lower after bouncing off the resistance zone. SL: 1.3870 TP 1.3690
The price now at the support we should expect growth going for wave 5, if the price finds rejection at our area of interest. I will update you soon
XAUUSD has formed a strong confluence at price level 1843 we could see the price retracing at 61.8 Fibonacci retracement level on H4 ft -100MA - Bearish Resistance Trendline - Previous Resistance zone What out for rejection and trade with confirmation
NZDUSD has made a bullish breakout, off a triangle pattern. I expected a bullish continuation. Targeting 0.7415 SL: 0.7177
At resistance Overbought Divergence Bearish engulfing
Potential bearish reversal on USDCHF after bouncing off the resistance zone.
USDJPY moved as plan and we can notice a rejection from the resistance trendline we expect bears to join and push the price lower. Watchout for a short position.
AUDUSD has formed a potential wedge structure with a breakout and retest we see the price pushing higher if we maintain above 0.7600
EURJPY is in a bullish trend. I'm expecting a bullish continuation after bouncing off the support trendline.
The price seems to be finding resistance from the 71% Fibonacci retracement level we can notice bears joining in and pushing the price lower. The trend is bearish thus we can expect a bearish continuation. Trade with confirmation
AUDUSD possible continuation after bouncing off the 61.8% Fibonacci retracement level significantly completing wave C. A new wave is expected we'll use a tight SL since below the 61.8% Fibonacci retracement level the trade will be invalid. Targeting 0.78000
CADJPY Is in a bullish trend forming a bullish engulfing pattern bouncing off the 61.8% Fibonacci retracement level, And the 100MA on the 4H tf. I'm expecting a bullish continuation. Trade with confirmation
NZDJPY is seen to be in bullish trend. The price has made a breakout and retest from the resistance trendline on H2 tf I'm looking forward to a bullish continuation targeting 75.45 resistance level.
EURGBP is resting at a srong support level I'm expecting a bullish reversal into the zone.
GBPCAD has managed to break out of the bullish flag. I'm expecting the price to continue pushing higher towards the psychology resistance trendline.
EURCAD seems to be resting at the support level forming a falling wedge pattern at this level we expect the bulls to enter the market and push the price higher after bouncing off 78.6% Fibonacci retracement level.
USDJPY has formed a potential rising wedge structure. We can notice a breakout and retest out of the wedge I'm expecting the price to start falling.