The price for EURJPY has broken down the trendline and bounced off the support level at 155 very strongly. Looks like it is currently consolidating in a range. It is nice to have short term trades in between the range and wait for a breakout to indicate the direction. Currently, my personal bias is that the price would break above the resistance and move higher!
We can see that AUDUSD is still in a strong uptrend with the recent annoucement of rate cut. The price is moving nicely above the trendline. We can probably expect a pullback back to the first horizontal support level first, if that level is broken, then the trendline support is a good entry. Looking for upside movement for this week, can be easily 100+ pips!
Forming a large falling wedge for the past few months. Looking for a big bounce soon!
Uptrend still intact. Bull flag broken, looking for more upside
Trend line broken, doing a pullback. Expecting it to go down lower
The price of gold has been moving sideways for the past couple of weeks. We can pay close attention to the support level right now. If the support is being breached, we can expect the price to go much lower to test the 1870-1880. Of course, it can still bounce from there. Currently, my bias is to the downside.
The large bull flag pattern has been broken. The price is in a strong uptrend at the moment. Will be expecting the price to rise higher to test the resistance zone above!
It is pretty clear that the uptrend has been broken down. The price has gone up for a quick retest and being pushed down quickly. We can expect more downside from this pair.
Bounced at the support to retest the resistance above. A bear flag seems like has been formed as well. Looking for more downside!
Currently, the price is sitting right above the upward trend line. Pay close attention to what the price is doing now. It could potentially be a false breakout and then goes back up. If having another candle closing below the line, could be a signal that the price is ready to go down.
The uptrend for the 4hr has been broken, and now it is moving down nicely in a downtrend. Once the zone is broken down, expect more downside from this one!
Support is broken, currently sitting above another one. Very likely to go lower!
We can see that the price is at a strong resistance level ATM, looking out for rejections and time to go down!
The price is now down to test the support level, expecting a bounce from this level!
The large uptrend pattern has been broken, can expect it to go even lower now!
The price of EURUSD tried to breakout from the downward channel, but it got pushed back down immediately. We can expect more downside
The price of EURGBP has formed a large wedge right at a support level. The price could potentially break to the upside!
Price of GBPAUD is at a strong resistance level right now. We can probably expect some rejections here