GBPJPY looks bearish after a test of a key intraday resistance. The price broken and closed below a support of a rising wedge pattern and we see a strong bearish pressure after a release of UK Retail Sales data in the morning. The price may reach 202.6 level soon. ❤️Please, support my work with like, thank you!❤️
USDCHF looks quite oversold after the yesterday's bearish rally. The price is stuck on a key daily support at the moment. My confirmation to buy the pair will be a bullish breakout of a neckline of a double bottom formation on a 4H time frame. A 4H candle close above 0.885 will confirm a violation. A bullish continuation will be expected at least to 0.8874...
As we discussed on a live stream, EURCAD may bounce from a key support. The price formed a double bottom pattern on a 4H time frame and closed above its neckline. I expect a pullback to 1.4745 level. ❤️Please, support my work with like, thank you!❤️
EURGBP nicely respected a major falling trend line on a daily. The price dropped and violated a support line of a rising parallel channel on a 4H time frame this morning. I think that the fall may continue. Next support - 0.844 ❤️Please, support my work with like, thank you!❤️
EURJPY looks strongly bullish after a test of a key daily structure support. I see a strong intraday bullish confirmation and a clear sign of strength of the buyers. The pair may reach 169.55 level soon. ❤️Please, support my work with like, thank you!❤️
I see a very bullish pattern on GBPAUD on a daily time frame: the pair formed an ascending triangle formation and successfully broke its horizontal neckline. The broken neckline and the trend line now compose the contracting demand zone. A bullish movement may initiate from that. Goals: 1.935 / 1.943 ❤️Please, support my work with like, thank you!❤️
NZDCAD formed a head & shoulders pattern after a test of a recently broken horizontal structure support. I think that the pair may continue falling, after the release of Crude Oil Inventories data today. Initial target - 0.8115 ❤️Please, support my work with like, thank you!❤️
USDCAD formed a bullish flag pattern, after a strong bullish wave caused by yesterday's CPI report. The resistance of the flag was broken after the release of PPI report today. It is one more important sign of strength of the buyers. Growth may continue at least to 1.3745 level. ❤️Please, support my work with like, thank you!❤️
Update for GBPJPY. Earlier, I shared a very bullish forecast for the pair on a daily. Analyzing the intraday price action today, I see strong confirmations of my predictions. On a 4H, the price broke and closed above a resistance line of a falling channel, retesting the broken trend line, the price formed a double bottom and violated its neckline. We can...
NZDCAD broke and closed below a key daily horizontal support. The breakout of a daily structure matches with a violation of a support line of a horizontal range on a 4H time frame, giving us a strong bearish confirmation. I think that the market may reach 0.8115 level soon. ❤️Please, support my work with like, thank you!❤️
NZDCAD broke and closed above a resistance line of a falling wedge pattern, after a test of a key daily horizontal support. We can expect a pullback now. Goals: 0.8233 / 0.825 ❤️Please, support my work with like, thank you!❤️
Update for EURCAD. Earlier we spotted a confirmed bullish reversal on a daily time frame. After a violation of a daily horizontal resistance, the price started to consolidate with a bullish flag pattern on a 4H time frame. The resistance of the flag was broken today with a high momentum bullish candle. It is a strong bullish confirmation and it indicates...
GBPCHF is trading in a bullish trend. The price recently broke and closed above a key horizontal resistance. The broken structure turned into a solid support. We may expect a pullback from the broken structure. I see a bullish breakout of a resistance line of a falling channel on an hourly time frame as a confirmation. Initial target - 1.113 ❤️Please,...
AUDJPY is testing a recently broken horizontal support. After a violation, it turned into a strong resistance. The market may drop from that. I expect a bearish movement to 0.9605 ❤️Please, support my work with like, thank you!❤️
NZDJPY broke and closed above a key daily structure resistance yesterday. The broken structure turned into support. After a violation, the pair became overbought and we see a correctional movement at the moment. The price is steadily falling within a bullish flag pattern. Your bullish confirmation will be a breakout of the flag's resistance. Let the candle...
Even though, EURAUD is trading in a long-term bullish trend, we can not deny the following bearish clues: First, the pair violated a support line of a rising parallel channel and closed below that on a daily. Second, the price formed a descending triangle formation and broke its neckline as well. We have 2 important bearish confirmations now. The market may...
The CHF always has the power of the market, but today the gaps did not allow the CHF to have such an opportunity and this currency has predicted the way to rise. TP is UP to 0.56612
AUDNZD is trading in a bearish trend. The price is currently accumulating within a descending triangle formation. 1.067 - 1.069 is its neckline. If the price breaks and closes below that on a daily, probabilities will be high that the market will drop lower. Next support will be 1.0627 ❤️Please, support my work with like, thank you!❤️