


InfernoFX
Classic Head & Shoulders pushing this pair for the upside.
AUDCHF has reached potential support for the bulls with a divergence on a level that was overshot becuase it was an obvious level for a buy.
AUDUSD Price action already gave us the heads up for a bull rally. Trade with care and use proper risk management.
AUDCHF reached a strong support on daily that has been tested multiple times, with the correct price action we could see this go up if it does not break support. This is a obvious buy level, so this pair could spike.
AUDNZD reached a significant support with a double bottom forming on H4, this could rally up with the correct price action. Trade with care.
EURUSD dropped to the 200 level of fib as I expected it too, took a total of over 150+pips and now to anticipate a long opportunity only if the right price again presents itself at the support.
CHFJPY is just pulling back before it could rally up again with trend continuation.
AUDUSD bounced off a significant resistance after trendline being broken.
EURUSD looks like the US Dollar strength is pushing it down before it will rise up.
CADCHF has been playing out very well on price action and technical analysis to the downside on a classic head and shoulders.
A potential right shoulder is forming to complete the H&S of USDJPY, price action must be put into consideration before selling and as well as US Index weaking will push the bears to melt to the downside.
If GBPUSD plays out well with the US Dollar Index weakening, we could see this pair rally up to the grrn highlighted area to play as resistance. Wait for price action confirmation or a retest of the trendline that was broken to the upside.
Price Action has already played a part in moving this pair up, there is still plenty of pips to catch to the 200% fib level as a swing target.
We will have to wait and see if price action will respect the support and rally up with the bulls, with a swing making new highs to the fib 200 mark as a target.
Price Action will confirm the downside of USDJPY, break of the top resistance by the spike will invalidate the trade idea from BEARISH to BULLISH, pay close attention to it.
CADJPY done retracing to the downside, price action confrimation to the upside with target hitting 168% of the fib.
AUDUSD broke strong resistance and currently retested it as support to rally up to the 200 fib level.