Their is a break of the trendline in the 4hr tf and the retest forming double top, looking at the daily tf we can also see the formation of double top which mean sellers are preparing to drag the price lower from the recent top sell chfjpy 160.800 sl 161.781 tp1 159.950 tp2 158.900
This is a real time signal, after Spotting a tripple bottom in EURUSD Their is a high probability buyers are going to step in from that price level EURUSD BUY TP1 0.9161 TP2 0.9547 SL O.8298
In the higher timeframe AUDCHF is in a downtrend, the market retraced and reject at 0.60026 which is the obvious resistance level, watch closely it might still retest the second resistance level 0.60141. but the overall sentiment is to the downside and my target is at 0.59175
Gold is actually setting up for a massive sell after it breakout of the support level to the downside below 1942! could this be an opportunity for the sellers? The first profit taken price for the sellers is at 1893 and the second price level is 1814 if you check the monthly time frame their is actually a formation of tripple top this can add to the confluence...
My analysis on the eurcad is to the downside after rejecting at the supply level at 1.44893, if the 4hrs candle closes bearish, we will bw looking for a downward moves towards 1.42909
Their is a propability that we might reject the level of resistance on usdjpy and sellers might take over from that level, which bring our tp target to 135.101 and the trade will be invalidate at 142.800
The big picture of this pair is double bottom as seen in the picture, the neckline has breakout already and a retest is done, but don't rule out the possibility of having a retest again to the trendline before we have a bounce, the first target is 142.013 and the second target is 146.063 don't forget to trade safely
Their is a decline at 1.07564 level after the mixed report of the NFP on friday. The 50 period moving average is still above and their is a break and retest of trendline in the daily timeframe, the next bias is to the downside and the next target is 1.05441 thats where an opposite effect might comes in
we have a bounce at the support level @ 1.24068, the mixed result from the NFP on friday drag the price lower from 1.25259 but the whole bias is to the upside for now Any further retracement to the downside is an opportunity for you to look for a bullish setup to 1.26339 and if break the next resistance is 1.28609 don't forget to trade safely