NZDCAD is following downward trend making series of LH and LL, however there is bullish divergence at RSI and the price is near its 4H support zone and expected to bounce back from its support zone. The trade plan is to take entry above the LH .
EURAUD price touched its 1H support level and showed upward momentum. Trade plan is to open buy position at the break of resistance zone above the previous HH.
The price is rejected from strong support zone, entry on breakout of LL.
The price has bounce off from its resistance zone and it has started to make new LH and LL showing downwards trend. The trade idea is to take sell entry and break of previous LL.
NZDCAD price has retested its FIB level 0.618 and is continuing its downward move.
EURUSD is in bearish trend and has extended its bearish move, the price is below the three moving average the short entry is based on alligator strategy.
USDCAD is showing trend reversal at 1H timeframe price has broken its support level, therefore the trade plan is to short.
BTCUSD continues its bullish trend, the bullish divergence at RSI and breakout at resistance level indicates the BTCUSD is continuing its uptrend, making higher high and higher lows.
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.