Break
GBPAUD DAILYLast week, BOE gave us a perfect retest of broken weekly trend line, & bounced off the 61.8 level. Price closed above resistance I will go to the lower time frames to look for an entry. AUD RBA Rate statement shortly I am anticipating a weaker Aussie lets see how that helps this setup go into play..
NZDUSD 4HPrice currently sitting above daily support & above the 50 moving average, waiting for a break below support & bearish engulfing candle to go short for another leg lower...
USDJPY 4HPrice broke resistance, now turning to support. Lets see how the 4 hour candle closes & another push about 50 pips higher to next area of resistance is likely
Break OR bounce?!After price rejected its daily uptrend line & 50 fibonacci level, my projection is a rebound back to the upside. But a break & retest of that trend line could give us a break to the downside. Lets see
EURJPY 4HBeen patient with this pair now I feel like it would be the safest time to sell, price came back to retest broken trend line making a lower high. Tight stop loss due to yen being weak at the moment a break & retest is not a lot of confirmation to me..
Trade with care!
NZDUSD WEEKLYMassive move possibility overtime, as you can see in the weekly trend price is making lower lows & lower highs. Price finished making its lower high now breaking its weekly trend line I'm expecting a retest to go short for a possibility of 1000+ pips in the next 3-6 months potentially. :)
USDCHF 4HPrice broke out of triangle, now waiting for a retest to demand zone to go buy. Been waiting on this setup for a couple weeks now & is finally playing out. Will enter at the retest
USDCAD DAILYDaily trend line broke out with strong bullish move after weak CAD news on Friday. Looking for a potential retest at broken trend line as price is approaching a strong level of resistance & fib level. I expect more USD strength continuing this week ...
USDCHF DAILYWatch for a break above medium resistance level & break + Retest of daily downtrend line. This pair is still very bullish in my opinion but will require some patience...
AUDCADWatching this pair for AUD news in about a hour if we get week unemployment numbers I will look to take this setup as price is sitting above support waiting for a breakout. I will take Audusd long if good news out of the Aussie. This news event could bring a strong move to this pair
GBPCHF 60Price may have potentially broke out of its counter down trend line, waiting for a close above 61.8 fib & retest for price to potentially go back to daily resistance. Waiting for more confirmation :)
CADCHF 4HPrice has been moving sideways for some time now, & just recently we got a break to the upside & close above resistance. I have been waiting on this pair for some time now. A slight retest at the 50 fib level/trendline is likely I believe we are headed up now..
NZDUSD 4HLooks like price retraced back to strong resistance, 200 EMA playing on that as well. Price seems to be trapped so I am waiting on a close below the red rectangle & possible retest to visit its recent low. Potentially break that level & touch its daily uptrend line. Price is making lower highs & lower lows at this time..
Trade with care!
GBPJPY 4HDescending triangle wedge, waiting for a breakout to continue bearish momentum. Price has been consolidating after its last push to the downside, a strong move is to come! GBP news data again in 3 hours I will look to enter after break of support & wedge pattern..
Trade with care!
GBPCAD 4H`Will be looking to take this pair long during GBP news in 3 hours if good data, If weak data ill be watching GBPAUD. Price now above daily support & right below the 61.8 fib. News will break this fib & continue to the upside depending on the data. Watch for break of Weekly downtrend line & retest for a long term long making potential higher highs & lows.
