XAUSUD is expected to be bearish today as the price action is rejected from strong resistance zone and positive USD employment report is predicted today. Also the seasonals indicate that USD will be stronger in Sept in the election year.
GBP/JPY is displaying strong bullish momentum, having broken through its resistance (neckline), which signals a buying opportunity. Fundamentally, the GBP is stronger than the JPY, and historical data for September supports a bullish trend for this pair.
EURAUD will continue its downward trend , AUD is fundamentally stronger than EUR. Seasonals data shows that of EURAUD with continue its bearish trend until beginning to Sept. EUR Expected to reverse by next week of September as COT Data of EUR and AUD both are increasing and EUR is decreasing its short positions of non commercials.
USDJPY expected to move upwards, There is no divergence as RSI, US Index is strong and JPY is weak signaling continuation of the trend.
AUDUSD is moving upwards after bullish divergence, the resistance level is broken and the price action is expected to move upwards.
NZDUSD is showing upward trend as there is bullish divergence and price has broken its resistance level.
CADCHF shows bullish divergence at RSI and the price is about to break the neckline. The trend is expected to reverse, therefore the trade plan is to enter at breakout of resistance level
GBPUSD is in bearish trend and forming bullish flag pattern, RSI indicator shows no divergence. The price is expected to move downwards, trade plan is to take short position at breakout of flag pole.
EUGBP price is expected to break the neckline and move upwards as there is bullish divergence
EURCHF is showing bullish divergence on RSI and double bottom reversal pattern is formed. Price action is moving upwards forming bullish trend.
USDJPY is showing bearish divergence, the price action is expected to be bearish. Trade plan is to take sell entry at breakout of previous HL.
EURGBP is forming bullish divergence on RSI and the trend is expected to move upwards.
CADCHF is forming double bottom with bullish divergence, price is expected to break the resistance and move upwards.
NZDUSD is showing bearish divergence and the price is reaching strong resistance zone. The price is expected to move downwards.
CHFJPY is showing signs of a trend reversal, indicated by RSI divergence and a breakout of the neckline.
CHFJPY is expected to reverse from bullish trend, trade plan is to entry at breakout of HL
CHFJPY expected reversal as there is bearish divergence and formation of red candle.
USDCAD shows bearish divergence and the upward trend. Trade plan is to buy at the break of a higher high (HH), anticipating further upside