They cut interest for the Canandian dollar and it's been declining against the Australian dollar.
Since the US Dollar has been gaining strength every currency it's pairs against keeps declining and that's what's happening with AUDUSD.
Liquidity and imbalance resting above the POI makes this POI very strong and increases it probability of mitigation
FOMC minutes to be released we might be bearish on the GBPCAD
If the AUDUSD respects the orderblock we might be in for some nice buys.
Bearish mitigation to be respected and sells to be expected.
For the past weeks we have been getting beautiful bullish mitigation from the sterling, im hoping that it will continue,
We have two POIs looking to take NZDCAD for a bullish run.
NZDUSD might go up next week but there's also a strong possibility that it might break below the POI and continue its bearish rally.
EURUSD looking to push up from Fridays NFP, POI will be mitigated and take price higher.
I called this Gold trade yesterday, price is respecting the beautiful mitigation process to the downside. if price breaks the 2,314987 we can expect the bears to still be in control.
Gold might push up for a CHoCH and change direction but more likely it will continue to sell and the hidden POI has been mitigated.
With structure being broken to the downside its a clear indication that price will mitigate one of the POIs as it retraces to push more to the downside.
GBPNZD forming a nice wedge to go short, it seem to be falling in a corrective manner.
There are two possible trades I see, the first one is the liquidity sweep and the order block, the order block might get triggered rather then the liquidity sweep.
Bitcoin will breakout and continue moving in a bullish manner for the whole week
EURGBP will continue going up for the whole week and here is my projection.
AUDUSD maybe be falling the following week, what do you think ?