Looking at the GBPJPY Daily chart, we can see the pair have been trading in a huge Triangle pattern. The pair have now broken out of the Triangle and retested the the outer edge of the Triangle, and now seems ready to to start moving lower.
Looking on the daily chart for AUDNZD , we can see the pair have been trading in a huge Triangle pattern . I think we could get a move down to the bottom of the Triangle , before breaking out higher.
The USD bear's are starting to show some sign's of weakness (at least in the short term). DXY has formed a bullish wedge pattern, and so may be ready to start moving higher.
Looking at the USDJPY 1 hour chart , we can see the pair have formed a Bearish wedge pattern with divergence . The top of the wedge also happens to be the edge of an expanding wedge pattern on the Daily chart .
Looking at the GBPJPY pair on a Daily chart, we can see the pair have formed a giant Ascending Triangle Pattern. We could see a break above the top of the Triangle before moving higher, or we could see a bounce off the top of the Triangle back down to the bottom of the trend line.
Looking at the GBPAUD on a Daily chart, the pair are in a huge expanding wedge pattern . At the moment the pair seem to be consolidating on the 4hr chart before making another move lower towards the bottom of the wedge .
Looking at the AUDUSD , we can see it has formed an A.B.C pattern , whilst also being inside a wedge . I think the pair will either make another high before breaking through the trend line , or it could make an impulse move down through the trend line .. Either way I will be waiting for a break below, close below before entering any shorts.
Looking at thr EURCAD, we can see it has made a move lower, and now started consolidating. I will wait for a break below, close below before selling.
If we look at the EURCHF pair, we can see the pair have just broken out of the wedge pattern, and could now be targeting the previous high. It seems the pair has just finished a 1.2.3 pattern after breaking out of the wedge. I would wait to see if the pair break above & close above before buying.
Looking at the NZDJPY, we can see the pair have been in a ABC Pattern, which has now reached the 161.8 Fib Extension. I will be watching price action around this area for a short.
Looking at the EURUSD on the Daily chart, we can see that the pair are nearly at the top of the huge channel it's been trading in. I will be watch the pair as it reaches the top of the channel.
Looking at the NZDUSD we can see the pair have been in a daily range for some time now. The pair have bounced off the top and now look to be crossing the trend line. I will look to sell the pair when it breaks below, closes below and if poss get a retest, before continuing lower.
Looking at the NZDCHF, it appears the pair have now completed a A.B.C Pattern, and is now ready to head lower.
Looking at the EURNZD pair, we can see the pair has now broken through the trend line. Looking at the A.O indicator, we can also see Bullish Divergence . The pair broke above, and closed above the trend line and is now currently retesting the trend line, after bouncing off the 78.6 fib level.
Looking at the EURGBP pair we can see it has just bounced off a strong area of resistance, and is also showing Bearish Divergence. I will wait for a break below, close below the trend line before entering short.
Following the impulse lower on the USDCAD, we now see the pair are consolidating. I will be watching this pair around the 61.8 - 78.6 in anticipation of the next impulse down.
If we look at the AUDCHF pair, we can see it has been in a huge wedge pattern for some time now. It has finally broken down through the bottom of the wedge, and now appears to be retesting the outer edge of the wedge. I think we could see a move down to a previous zone of support.
Looking at the GBPCHF pair we can see it has bounced of the bottom of the range channel. Looking at the AO it is showing Inverted/Hidden Divergence , so price made a lower high, but the AO shows the pair made a higher high. This usually means we can expect another mover down & possibly retest the bottom of the channel.