CHFJPY SHORT TRADECHFJPY rejected from SMA 100 on H1 frame
and 50 % Fibonacci level of preceding bearish wave at level 113.48 with confirmation of pin bar candlestick pattern
Pair is based below key level at 113.47
MACD shows weakness in bullish momentum
RSI broke uptrend
It's expected for coming bearish wave to target demand zone at level 111.72
Crosses
GBPAUD SHORT TRADEFalse breakout occurred after reaching supply zone at level 1.9758
and confirmed by bearish engulfing candlestick pattern
RSI shows negative divergence
MACD shows starting of bearish momentum
It's expected for coming strong bearish wave to target demand zone near HVN at level 1.9255
CADJPY SHORT TRADECADJPY rejected with strong bearish movement after reaching supply zone at level 84.55
Price retested broken corrective uptrendline
Pair is below SMA 100 on H1 frame
Price is below HVN at level 83.24 which indicates that pair is in distribution phase
MACD shows weakness in bullish momentum
It's expected to target demand zone at level 81.56 as a classic target of broken uptrendline
CADCHF SHORT TRADECADCHF rejected from key level at 0.7439
Price broke corrective uptrendline
Pair is based below major downtrendline
Below SMA 100
Price is below HVN at level 0.7469 which indicates that pair is in distribution phase
MACD shows bearish momentum
It's expected for coming bearish wave to target level 0.7250
then continue going down towards level 0.7200
EURJPY SHORT TRADEEURJPY rejected from supply zone at level 121.23 by forming bearish pattern "double top"
Price broke neckline at level 120.35
Below SMA 100
MACD shows weakness in bullish momentum
Price is below HVN at level 120.18 which indicates that pair is in distribution phase
we r waiting breaking support level at 119.89 to open short trade
First target will be at level 119.32 as a classic target of double top pattern
Second target will be at demand zone at 118.45
GBPCHF SHORT TRADEGBPCHF retested broken uptrendline
Price rejected from key level and 50% Fibonacci level of preceding bearish wave at 1.2713
Below SMA 100
MACD shows bearish momentum
RSI is in downtrend
Price is based below HVN at level 1.2675 which indicates that pair is in distribution phase
It's expected for price going down towards demand zone at level 1.2531
NZDJPY LONG TRADENZDJPY respected demand zone at level 70.00
Price is above HVN at level 69.57 which indicates that pair is in accumulation phase
Price broke minor downtrendline
Above SMA 100 on H1 frame
RSI making higher lows
It's expected to target first key level at 71.30
then target major downtrendline at level 72.75
GBPJPY SHORT TRADEGBPJPY reached strong supply zone at level 144.56
Price rejected from 50% Fibonacci level of main bearish wave at level 144.40 with confirmation of evening star candlestick pattern
Pair completed bullish AB = CD harmonic pattern
Negative divergence appeared on h1 frame and confirmed after closing below resistance level at 144.15
RSI reached overbought region
MACD shows weakness in bullish momentum
It's expected to target first key level at 142.18 then target demand zone at 141.00
EURAUD LONG TRADEEURAUD respected demand zone at level 1.6082
then broke downtrendline
Price is above Moving Average 100
MACD shows bullish momentum
Price is supported above HVN at level 1.6139 which indicates that pair is in accumulation phase
After breaking resistance level at 1.6226 it's expected to target resistance levels 1.6448 and 1.6595 respectively
AUDCHF SHORT TRADEAUDCHF rebounded from supply zone at level 0.6614 with strong bearish movement
Price rejected after retesting broken corrective uptrendline and 78.6% Fibonacci level of preceding bearish wave at level 0.6596
Below Moving Average 100
AUDCHF is based below HVN at level 0.6580 which indicates that pair is in distribution phase
It's expected to target first key level at 0.6510 then continue going down towards demand zone at 0.6440
GBPNZD LONG TRADEGBPNZD is forming cup and handle pattern on H1 frame
Price rejected from Moving Average 100 and 61.8% Fibonacci level of preceding bullish wave at 2.0259
Pair is supported above key level at 2.0291
Above HVN at level 2.0056 which indicates that pair is in accumulation phase
RSI is making higher lows
It's expected to target first key level at 2.0432 then continue going up towards level 2.0702
GBPCAD LONG TRADEGBPCAD retested uptrendline on H1 frame
False breakout occurred at support level 1.7199 then price rejected with strong bullish movement
Pair is above HVN at level 1.7212 which indicates power of bulls
Above Moving Average 100
MACD shows bullish momentum
RSI is in uptrend
It's expected to target first key level at 1.7350 then going up towards supply zone at level 1.7480
EURGBP SHORT TRADEFalse breakout occurred at level 0.8343
Price is rejected from Moving Average 100 on H1 frame
and confirmed with bearish engulfing candle
MACD shows bearish momentum
RSI broke uptrend
Pair is below HVN at level 0.8470 which indicates that there is no power in bulls
It's expected for coming strong bearish wave to target level 0.8150
AUDCHF LONG TRADEAUDCHF formed inverted Head & Shoulder pattern on h1 frame
Price broke downtrendline
Supported on neckline at level 0.6580
Pair is above Moving Average 100
MACD shows bullish momentum
RSI is in uptrend
It's expected for coming strong bullish wave to target supply zone at level 0.6813 as a target of inverted head and shoulders pattern
CHFJPY LONG TRADECHFJPY rebounded from major uptrendline and key level at 111.82
MACD shows weakness in bearish momentum
RSI reached oversold region
Price is near HVN at level 112.30 which indicates that pair is in accumulation phase preparing for coming bullish movement
It's expected to go up towards resistance level at 114.39
AUDJPY LONG TRADEStrong bullish wave (A) ended at level 74.38
then corrective bearish wave (B) occurred
Price rejected after from key key and 61.8% Fibonacci level of preceding bearish wave after reaching oversold region on RSI
Now price is above Moving Average 100
MACD shows positive momentum
RSI is in uptrend
It's expected for going up towards level 75.59 forming bullish wave (C)
EURAUD SHORT TRADEStrong bearish wave (A) ended at level 1.6259
then corrective bullish wave (B) occurred and rejected from 50% Fibonacci level of preceding bearish wave near level 1.6425
Now price is in bearish wave (C)
MACD shows bearish momentum
RSI is in downtrend
we r waiting breaking support level at 1.6329 to open short trade to target first key level at 1.6253
then going down towards the demand zone at level 1.6082
GBPNZD LONG TRADEGBPNZD broke upper edge of up channel and then rejected from supply zone at level 2.0435
Bearish movement occurred for retesting upper edge of channel
Price rebound from 61.8% Fibonacci level at level 2.0016
Price broke upper edge of falling wedge pattern
MACD shows weakness in bearish momentum
RSI is in uptrend
It's expected for bullish movement to target supply zone at level 2.0435
EURJPY SHORT TRADEStrong bearish wave (A) ended at level 119.76 after breaking major uptrendline on H4 frame
then corrective bullish wave (B) pullback for retesting broken uptrendline
Price after is rejected from Moving Average 100
Now we r in bearish wave (C), price broke key level at 121.06
MACD shows bearish momentum
RSI broke uptrend
It's expected for coming bearish movement to target the HVN at level 117.98