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Blueberrymarkets

VIDEO ANALYSIS: EURAUD TO SEE LOWER PRICESIn this video update, we take a look at the longer-term outlook for EURAUD and what could happen for the coming quarter. The quarterly close suggests we could see further downside occur into the key support zones around 1.5250. Looking at the daily timeframe we can see that price has broken out of consolidation, with price re-testing the structure. With price rejecting currently we could see opportunities to sell this market into key demand zones.
Short
by BlueberryMarkets
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VIDEO ANALYSIS: GBPAUD CONSOLIDITIONIn this video update, we look at GBPAUD and the key highs and lows to be aware of in this particular market. The daily chart highlights the potential for this market to stay within the consolidation pattern despite price sitting at the key supply zone. If we do see a break of the lows we can look for further short opportunities. However, seasonally the GBP does have its best month through April and a break of the key highs will add weight behind the GBP rally.
by BlueberryMarkets
VIDEO ANALYSIS: NZDCAD FALSE BREAKOUTIn this video update, we take a look at the NZDCAD as price failed to break out of the resistance trendline. Typically, when the market falsely breaks out of consolidation we see a move in the same direction. The weekly chart finished has as a bearish engulfing candle and we could see price continue lower. Looking to the 4hr timeframe, we can see price consolidating at a key demand zone, look for the market to break and close below before further downside.
Short
by BlueberryMarkets