EURUSD could give us a nice long opportunity at the 1hr time fame. We have a bullish butterfly pattern and support at 1.2346 zone and if the price makes a move to this level then wait for a reason for entry.
AUDCAD is at a daily resistance zone and we have RSI divergence so the pair could go down after breaking the trend line, but it could bounce and break the resistance zone.
GBPCHF could make a big drop. The market is at the gap from 20.06.2016.
AUDCAD could complete a butterfly pattern on weekly chart and give a nice buy setup.
Butterfly pattern could complete at previous resistance and support level.
EURUSD has made a nice chart pattern and the market could fall very heavy from the pullback into the neckline of the head and shoulders and into resistance at 16.8500 zone.
CADJPY is making a triangle consolidation... The market could continue higher while breaking the triangle and the resistance zone at 89.708.
NZDJPY pushed higher from daily support at 77.7000 and now the pair found higher support at the 78.516 zone. The market is retracing at the 38.2 % line of the big move up and it is slowing down in the little downtrend, so I thing that the market will continue higher while not breaking support at 78.516...
NZDJPY broke the resistance zone at 79.30 that has been tested three times. I expect the market turn around in this possible pullback area that could turn into support, always with some entry reasons. That could be a nice trade with targets at previous structure resistance at 79.80 area.
We had a nice double bottom on USDCAD while the price is pushing of support. The price broke resistance at 1.2533 and with RSI divergence we can look for potential trade setups like simple patterns.
EURUSD just came to a zone that acts like resistance at 1.2050 and the price is making a pullback. Watch the 1.1890 zone for entry reasons because this previous resistance could turn into support...
Bullish GBPNZD is losing momentum while heading towards 1.7880 zone. Watch that zone for possible entry reasons like a double top with candle formations (spinning tops, bearish tweezers or pin bars). If price breaks this zone, wait for a pullback and possible entry.
USDCHF is bearish and oversold on the RSI. The butterfly pattern has completed at daily level of support so wait for double bottom on H1 or lower for more reasons to go long.
USDCHF is bearish and oversold on the RSI. The butterfly pattern has completed at daily level of support so this pair could go up. Wait for entry reason on H1 or lower like a double bottom.