USDJPY is finding some resistance at 104.31 levels. Prices look like it will drop and head down 103.82 before making its next move lower or higher
EURUSD seems like it'll have some steam to push up in the near future. Make sure to wait for the trend line to break before entering into the trade
A combination of Fibonacci and support regions creates an opportunity to buy EURCAD
Looking to short AUDCAD to the 0.9940 area. With prices losing momentum and a clear bearish divergence signal. There's good oppoutunity for prices to go down to 0.9940 area or lower.
Shorting USDCAD down lower. Prices seemed to reach a heavy resistance region and showering a lot bearish pressure on USDCAD.
Looking to start shorting Gold in the near future. 2 possibilities can happen right now prices making a clear break below 1307.00 and heading lower, or prices heading back up towards 1350.88 levels before making it back down
Typical breakout and retracement play for EURUSD. I'm looking for a short entry at the 1.121 levels after a clear retracement to head lower
EURGBP has seemed some bullish movement, but it seems like its going to end soon. With a weekly trendline at 0.8660 and an upper wedge forming with a possible fake out. EURGBP might head back down a bit before making its next move.
A clear triangle pattern could be seen forming on USDJPY. With prices having the potential to break away both ways, I suggest waiting and seeing where it would break out first.
With a support line, fib level and a underlining trend line, a good buy position could be placed towards the upper region of the channel.
Looking to short USDJPY at the resistance level of 102.50 lower. As the general daily/weekly trend seems to bearish, this position will be a good continuation play.
A clear breakout could be seen on NZDUSD. Like always, this will provide a great opportunity to short the pair after a proper retracement. A position could either be opened now or at the 38.2% region. Trade with care
Looking to continue shorting GBPUSD. In the higher timeframes, we can see the pound consolidating within a channel, making lower and lower highs. I suspect the pound will stay in the channel for a while before breaking out of it (either higher or lower), however my perspective on this pair is still bearish so I will continue to short it
A nice day trade setup for EURUSD, trading within a triangle pattern.
AUDJPY breaking out of a possible triangle. As we can see, prices have retested the trendline and made a bounce up. I expect prices to head a little more higher
USDJPY is currently hovering near a major weekly support region. This could be the deciding factor on where prices will head in the future. If prices break below the blue box, we could expect prices to drop lower. If it doesn't, I have a suspicion that it would break out of the channel and head higher.