Higherhigh
NZDCAD DAILYPrice failed to break weekly resistance, breaking out to the upside of its falling wedge as well. Looks like the Moving averages are crossing over to the upside as well & price is breaking high base resistance showing a potential change of trend. Weekly candle closed with a bullish engulfing as well. More upside expected here..
NZDUSD 4HPrice finished off the week with a bullish engulfing weekly candle close, rejecting at a key weekly support level. Seems to have broke out of its 4 hour channel as well as breaking & closing above daily resistance turning support. I will be looking for buy opportunities if price can stay above daily support its above now .!
EURJPY DAILYBulls fighting to keep price to the upside, watching for a break of channel top (CTL) for longs to recent highs.. & potentially a higher high. Price sitting on a daily key level needs to break before considering any direction, Euro CPI numbers shortly could push this pair up to where it needs to go
EURUSD 4HPrice came down to retrace nicely, now looking for potential long entries at the ascending trendline, or a break for a deeper pullback. Big news tomorrow for both the US & euro PPI numbers in the morning. Will this pair see multi year highs soon potentially reaching 1.23500?! Lets observe.. : )