EURAUD is reaching potential resistance zone. Be careful and wait for candle rejection to get in.
We can see Xauusd reached major support zone. Gold has already broken through the bearish triangle in the daily chart. This could be a sign that gold is resisting at the trend line and support zone for a move upwards again. If you want to play it safe, wait for rejection candles to get in.
GBP JPY is still longterm on the way down. It´s getting interesting it could go up for a correction or break the support zone to continue the downtrend.
CHFJPY dropping down. Keep watching and wait for break and retest.
Xauusd is reaching the 0.786 retracement. We have to take a look if its rejects at the Zone. Could be a good entry with a nice risk reward ratio for a sell. I want so see it move downwards to the daily 0.618 retracement or the 0.50. It will be interesting how it reacts at the Zone. Keep looking and get in if you want to.
We can see EURGBP at the 0.786 retracement. Theres a great potential to see move downwards. We have a really good risk reward ratio and theres a high chance to see it make a correction.
In the NZDJPY we can see it resists at the 0,786 daily fib-retracement. We have an open gap to fill and a nice risk reward ratio for a long trade.
In the USDJPY Chart we can see the price seems to have found a bottom on the 0.50 retracement. We can also see a nice RSI divergence. Our Target is the daily 0.618 fibo-retracement. Its seem we have a good trade setup here with a nice reward to risk ratio.
After the double bottom, I see the AUDUSD running up to the 0.78 retracement, which is also the trendline at the same time. We also have a nice RSI divergence at the same time.
We see XAUUSD struggle at the 0.38 retracement. The price could fall now or rise to 0.50 retracement and then initiate the turnaround.
As you can see, the course has bounced off the zone. For now, we expect a buy. Possible goal is the 0.618 retracement.
In USD / CAD, we can clearly see a correction. I think that this will go to about 1.34000 Arrived at 1.34000 we have to watch what happens. Should he bounce we go long, he should push through the zone we remain short.
XAUUSD (H4) Gold has responded beautifully to the 50's retracement and it may well be that gold is now heading back down. It remains exciting.
USDJPY (H4) ----- English ---- USDJPY hat einen schönen Anlauf 0.786er Retracement gemacht und ist dann wunderschön abgeprallt nach unten. Ich denke wir sehen hier einen weiteren Abwertstrend bis zur psychologischen Zone von 111.000. Wir tendiere auf short. USDJPY (H4) ----- German ---- USDJPY made a nice run 0.786 retracement and then bounced down...