This looks like a good buy, price has been rejecting off of this trendline all week. Expect a big move to the upside. The Euro is also gaining strength across the board
Price retraced but couldn't break lower, therefore confirmining and upward trend. Price should continue going higher. Might have a little resistance at around 1.78545, but should breakthrough that and continue to the upside
Bullish momentum on EURCAD, Failed to break resistance and trendline even with strong CPI. Price expected to continue to the upside.
Price is currently at weekly high, hitting support, REJECTED same on lower timeframes.
The Yen is bearish right, thus alll currencies against the Yen are bullish. The JPY pairs bottom out yesterday and sat on support earlier today, now theirs bullish momentum
Price currently at and area of confluence (sitting on both a support level and a trendline at the moment). There also expected to be poor CAD news in the morning, which should weaken the Canadian dollar making this buy more likely to playout.
EURCHF is Trending upwards. A strong bullish daily candle seen after retracing down to the trendline yesterday. This is a nice recovery and reversal from the previous days' price action.
With the dxy showing bearish momentum whilst AUD dollar showing some strength, it would be a good idea to buy AUDUSD off this trendline.
With the weakening dollar and a change in trend in all XXXUSD pairs, this is a good bullish trend to the next resistance level. With Trump calling for further rate cuts this week, if rates do drop, that can catapult or tp.
GBPNZD broke out of a downward wedge on Friday after positive GBP news, looking for this bullish momentum to continuein the upcoming week