EURNZD 2HPrice closed above a weekly key level on the weekly, so I believe the rise will continue until the next level of resistance ..
Higherhigh
EOS very bullish ahead, cup and handle formation on a day chartBITFINEX:EOSUSD
The chart speaks for itself, we have two strong resistance ahead at $1.85 and $2 so watch for those.
Once it crosses them the $2.20 is a very achievable target.
It can take some time to get there but I would say by next week sometime we should be pretty close to the target.
Personally I'm very bullish on EOS, we are still on an very much up trend, as long as it makes higher lows and soon higher highs, there is no reason to panic :). The market seem to be very strong.
If you still want to get on board look for consolidation zones and get in there, the optimum buying point is gone.
GBPCAD 2HPrice is stuck in a tight range between support & resistance.. Price failing to break the 38.2 fib level rejecting many times & could not close above it just yet, however we have inflation news out of CAD tomorrow which a big move should take place. If we break this daily fib level, this pair will fly to the upside. Confirmation is key but a lot of pips to be made on this pair!!
AUDUSD DAILYAt a decision area.. Will we get a break or bounce off weekly uptrend line? I am leaning more towards a bounce but waiting for confirmation is all I can do at this point.. Definitely on my radar
EUR/USD new Higher High It looks like the pair didn't get enough of buying , It is very optimal to see a higher hight i think around 1.22012
According to the RSI we get a buy Signe
Supports : 1.17014 , 1.18158
Resastances : 1.19402 , 1.20303 , 1.22012 .
GBPUSD DAILYWatch for a break of CTL a nice long could be on the cards.. :) Definitely will be watching this one without a doubt !
GBPNZD 4HParallel channel breakout.. Watching for a potential retest & bounce off support to go long & we might see a new higher high be made next week : )
EURCHF 4HPrice is in an ascending channel, next target at daily resistance / channel top. Will watch price action at that point for either a break or bounce.
GBPCAD 4HPrice respected its uptrend line, recently broke out of channel consolidation & is now retesting.. Nice buy setup here first target at recent highs that were made. A safer confirmation would be to enter the break of resistance then turning support !
GBPJPY DAILYPrice spent almost all of last week trapping sellers & rejected daily support its above now. Nice potential long & price is in a high base uptrend triangle pattern..
CADCHF DAILYSimilar bias here to cadjpy as price rejected daily support all week, showing bullish momentum may be coming this week for CAD. Price is in a high base uptrend, & most likely will head higher. Daily wedge breakout & now price is consolidating above.. This will be on my watchlist for this upcoming week :)
AUDNZD 4HAt trendline support, looks like a bullish flag is forming & another move to the upside is likely.. But a breakout in either direction is what ill be looking for.
NZDCHF 4HPrice has been consolidating for some time now it seems price is pushing out of its counter trend line, if we get a close above the 61.8 fib I expect price to retest & head higher potentially creating an uptrend with higher highs & lows..
GBPCAD 4HPair is ready to go. Sitting on daily 61.8 fibonacci level rejected 5 times on the 4 hour time frame, plus 4 hour uptrend & is in a daily uptrend making higher highs & lows. My bias is to the upside but I am waiting for a break in either direction
EURJPY DAILYPrice failing to break daily support, & is a bullish channel. This will be on my watchlist this upcoming week lets see if we can get a new higher high & breakout of consolidation range. A break of channel will send this pair lower..
GBPJPY DAILYBullish pennant formed here on the daily, price made a false break to the downside on Thursday night, but failed to break below daily support at 148.800 area, I expect a potential rebound to the upside and may be time for a new higher high
USDCAD DAILYLooks like resistance has turned support. Ready for another higher high stop loss near 1.27400 area
GBPJPY 4HPrice broke out of triangle, entry on the retest after breakout & broken resistance turned support.
