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EUR/CHF🇪🇺🇨🇭 to test the Resistance and pullbackEUR/CHF🇪🇺🇨🇭 After the bounce from the Support the price was rejected by the Resistance for the 3rd time. We have not seen a deep pullback yet , so as the Kumo clouds , together with ROC swing rejection suggest we can have another test of the Resistance. Nevertheless , I do not expect it to be broken even this time so I expect the pullback from the Resistance area.
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USD/CHF 🇺🇸🇨🇭 to bounce from the Support zone.USD/CHF 🇺🇸🇨🇭 The price , after a deep drop has landed at the strong support that was hold in 2014 and last time was broken in 2015. As the 20&50 ma indicating the Bullish tendencies , hence we shall expect the price to grow.
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EUR/CAD 🇪🇺🇨🇦 to pullback from the Resistance.EUR/CAD 🇪🇺🇨🇦 is testing 2 Resistances. I expect the price to pullback from this area as we have multiple evidences for that. The price is lying just on the BB Upper , let alone that RSI and Stochastic are in the pretty high overbought areas, thus the test of the channel's midline is expected.
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EUR/USD 🇪🇺🇺🇸 will try to break the Resistance levelEUR/USD 🇪🇺🇺🇸 the price is moving within the Upward channel. If the price breaks the Resistance level we head upward up to the Resistance of the channel.
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EUR/JPY🇪🇺 🇯🇵 to decline!EUR/JPY🇪🇺 🇯🇵 is pulling back from he Resistance zone. The price is likely to decline further according to the Bollinger Bands and if the 0.90115 lvl is broken the the pair can fall even deeper.
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EURCAD Short term current viewShort term intraday review of current possibilities
On a 1H chart we have a bearish chart pattern
At daily pivot
Price is currently at 50% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to previous swing Down
Due to all the mentioned above and a current price position (intraday - independant view) I will look for Bearish PA patterns to begin with at 1.4435
"P.S.: Current short term analysis can look opposite to what I have posted of a higher grade.
It happens because I’m reacting to a current market conditions, as big changes are starting with small.
Also entry level on a higher grade chart can be a target on a lower grade chart"
"Any questions are welcome!!! just write down in comments.
Your likes are much appreciated."