#EURUSD SELL TRADE We took this trade just now, hoping to raid all the way to the bottom in couple of weeks. We found a nice rejection at 4 hr candle right at the FVG, the price can go higher to take out the previous day high tomorrow before going down. Regardless of this we stick to our strategy since we have a great rejection.
We look for Long during next week. Everything depends on what DXY does, however looking at the current USDCAD trend we are more biased towards Long.
We look for shorts during next couple of weeks. Everything depends on what DXY does, however looking at the current EURUSD trend we are more biased towards short.
#EURUSD Possible setup to both long and short entry coming week.
#AUDUSD SELL BIAS: We predict with our technical analysis that this pair has more potential to go bearish. Last week was a perfect setup for short term buys. However, coming week, this may reach the bottom of course all depends on how the market reacts on Monday.
#GBPNZD - We expect a bullish setup next week, however the price may reach bullish weekly FVG before it goes bullish. Starting of the week, if the market comes down it may take out the weekly FVG and then head towards the previous weekly high.
Currently its in the channel.. we expect this to be neutral this week and hoping to show us a clear direction soon.
Currently GBPUSD break out of the channel. We expect to go higher this week and a short retracement with possible continuation to upside in future.
We expect NZDCAD to go down in coming weeks and currently its respecting the channel.
A great setup next week and we look for a short entry. Potential trade to sell
We expect a short retracement before moving up to take out the buy side liquidity.
We expect the EUR to reach high to take out the buy side liquidity in align with the dollar index.
We are expecting the Dollar Index to go short next week to take out the sell side liquidity.
We expect a small retracement of AUDUSD before the SELL setup.
We are expecting EURGBP to retrace and then continue its bullish trend.
BULLISH: If the EURNZD breakout above the zone we are looking for a long term swing trade.