Gee’d UWe got GU here on an uptrend since Oct 2023.
It’s currently at 1.295. Price broke 1.30 back in July and is currently looking to turn resistance into support.
Shall it fail, we potentially can see a decline back onto the trend line.
YSL
if it doesnt close upif gbpjpy fails to close above the 162.7 resistance, then it's going to continue it's recency short bias
weekly closeaudjpy hasnt closed above 95.6 on a weekly level throughout this whole run. it's friday & pre london, i believe this pair is going to continue the trend of closing below 94.6 on the weekly level.
Double Top?i think eurjpy is probably double topping on higher timeframes and is possibly done rising for the week. going to take a possible reverse from 143.3 down until 139.4 (390pips/2.8%), with a TP set around 141.5 (175pips/1.25%).
NZD/JPY buying opportunityi believe NZD/JPY is looking to find support somewhere around here... PURELY FUNDAMENTAL from my perspective but it lines up with the TECHNICALS.
Tonight 7:30PM Est
we have AUD employment change and unemployment rate.. as long as they come in better than expected or at expected numbers, aud is going to spike upwards. Aud/Nzd tend to follow the same path, so if it's bullish for AUD, it's bullish for NZD.
Sunday 4:45 EST before market even opens NZD is reporting retail sales which may lead to a gap just prior to the open which i don't think they'll be to fond of closing.
Tuesday Nov 24th 3PM is the RBNZ Financial Stability Report
ALSO as we have seen TWICE now, any progress into a vaccine has led to the weakening of JPY, GOLD, and put a slight bid to the DOLLAR (which ultimately is a fake out, only because it put a bid into the dollar OVER the yen, meaning dollar is still weak)
EurAud swing potential market buy eur / aud is almost at it's daily range but it's been slightly been making higher lows so im going to buying here with minimal risk and if not i'll wait to see if it will false break down and come back up
For future reference: Bitcoin to $40.000Description: It was all a dream. I used to read Bitcoin magazine. Adriana Lima & Gisele Bündchen in the limousine.
Timeframe: We cross $18K BEFORE April 30th 2021 and go from there.
Indicators used: Hydroxychloroquine.
Shout out: Mary Solomon.
