GBPUSD is in an uptrend and in a swing going in the direction of the trend but given the strong resistance at the 1.306 level it could turn and have a retracement Look for a swing high in the box and then short
EURUSD has left a downward channel(borders of a downtrend) which could indicate a change in the trend Look for a swing high in between the 1.158 and 1.16 levels and then a swing low higher than the previous swing low, making it a higher low which would indicate the start of an uptrend
GBPUSD has left its upward channel(which are the borders of an uptrend) and now could continue in a downtrend. If the current swing closes below the previous swing high then the downtrend would start
AUDUSD is in a downtrend Most likely scenario: After a possible consolidation period in the morning AUDUSD could continue the downtrend Alternative scenario: From the 0.71 level AUDUSD could bounce up and make a big retracement or even change its trend
USDJPY broke out of its trendline last week and started a downtrend Most likely scenario: USDJPY will continue the downtrend and after small consolidation in the morning hours could test the 110.5 level Alternative scenario: USDJPY will not continue the downtrend
Similarly to GBPUSD, EURUSD is in a downtrend but could have a retracement today Most likely scenario: EURUSD will continue going down or it could have a small retracement and go down Alternative scenario: EURUSD has a bigger retracement or it will not continue the downtrend
GBPUSD is in a downtrend and is very likely to continue it, although there is a chance of a retracement happening today Most likely scenario: GBPUSD will continue the downtrend making lower lows, but there is a high chance that it will bounce up from the 1.29 level and make a retracement Alternative scenario: GBPUSD will not continue the downtrend
AUDUSD has been in a downtrend for a while now Most likely scenario: AUDUSD to continue the downtrend, although a small retracement could be possible Alternative scenario: AUDUSD to have a bigger retracement or it will change its trend
USDJPY is in a downtrend but given that there was a big fall in the price yesterday there could be a slight recovery today The downtrend could end at 110.2 and given that it's so close the price might just go for it right away without a retracement Most likely scenario: USDJPY will go down or have a small recovery and then go down Alternative scenario: USDJPY...
EURUSD is in a downtrend Most likely scenario: EURUSD will continue the downtrend Alternative scenario: EURUSD won't continue the downtrend
GBPUSD has started a downtrend yesterday and could go to 1.285 in the longer term Most likely scenario: GBPUSD to turn down from the 1.295 level Alternative scenario: GBPUSD goes up
GBPUSD has changed its ascending channel to a descending channel indicating that the direction of the trend has changed A good target would be at 1.27
AUDUSD is in a downtrend Most likely scenario: AUDUSD will continue the downtrend Alternative scenario: AUDUSD could turn the downtrend as has been going on for too long
USDJPY has started a downtrend that could go to 110 Most likely scenario: USDJPY to continue the downtrend Alternative scenario: USDJPY doesn't care about my analysis and go up anyway
EURUSD is in an uptrend but there could be a small retracement today Most likely scenario: EURUSD has a retracement and tests the 1.16 level Alternative scenario: EURUSD won't have a retracement and continues the uptrend
GBPUSD will most likely go down after the big move up yesterday hit the important resistance zone Most likely scenario: GBPUSD has stared a downtrend and could go as low as 1.27 in the longer term Alternative scenario: GBPUSD could go further up because it won't start the downtrend or it could go higher ro retest the trendline or some other resistance level...
GBPUSD might bounce from the 1.285 level Most likely scenario: GBPUSD makes a move up to 1.288 - 1.289 Alternative scenario: GBPUSD only makes a small move up(retracement) and then goes down Look for a swing high at the 1.26 - 1.28 levels, if there is a turn in the swing the price might fall to 1.28
GBPUSD broke out from the bullish channel it was in last month this could indicate that GBPUSD has stopped the bullish advance for now and could retest the 1.27 level My guess is that there will be a slight pullback(a lower high) in the next couple of days which would mean a change in the trend and the start of a possible turn to the downside Look for a swing...