AUD looks strong price is bullish, I can see Higher Highs & Higher Lows forming a clear double bottom at a small liquidity area.
Bullish news also retail sales shows an 8.2% rise in March from February reaching record highs pre COVID-19 Lockdown. From a technical basis chart look very bullish I can see 0.66500 as a new Higher High once 0.65500 is broken watch that zone.
GJ looks like it could reverse at the psychological number of 138.50 after having several 4h rejections and now a trendline bounce/rejection, price seems like it needs to pull back after dropping so many pips.
GBP has been weak recently falling 100's of pips currently rejected the Trendline and created a Doji on a weekly timeframe which shows price is indecisive and potentially ready for a reversal also other patterns on the lower timeframe such as an inverted i can see gu going up to 1.29 to retest resistance as previous support.
XAU/USD - Time for a fall, Gold has been climbing recently price has currently melted and made a Lower Low. Currently pushing up to the resistance of 1325 which price has resisted many times I can see gold creating a lower high at the resistance of 1325 that aligns with my golden ration, looking for short positions also this will create a head and shoulders...
AUD/USD Has recently had a lot of manipulation price has currently rejected the zone of 0.7100 and closed beneath I believe it's time to fall to the down side. price has currently completed a lower high on the higher timeframes with a clean Trendline rejection including more patterns. I can see price going to the Trendline and the Resistance for one more retest...
USD/JPY is in a lovely channel trend line having a clear rejection of 111.000 and now pushing to the upside I see this pairs pushing to the zone of 112.500 by the end of next week.
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USD/CAD has flew over 300+ pips over the past 2 weeks. I feel like the pair is over bought and it needs a pull back to the level of 1.33 or 1.32 the USD is very strong at this moment and time, it could have pull back to the zones of 1.33 and 1.32 but until 1.34 is broken with a clear bearish candle close bellow the zone it will show a clear selling opportunity...
EURO/USD is respecting the Channel Trendline and respecting lower highs and lower lows at the moment the best price action to trade in my eyes, I can see this pair having a Retracment and also making a new Lower High this pair could touch then channel Trendline and then continue to downside or it could retest a major resistance at 1.1300 and then continue to melt...
Ive been contrarian with the Dollar ever since the huge sell of at the yearly highs of 1.3670, most peoples bias has been that this pair was going to create new lows and the Dollar is weak, in my eyes the USD has been strong this was just new Higher low formed on the higher time frames. I believe new highs at 1.37-1.38 will be formed on this pair, completely...
Scenario 1:
This pair over the past 2-3 weeks has flew up over 500+ PIPS I believe the pair is now over bought and it currently needs a pull back of roughly 200-300 pips. Price has rejected my major Daily Channel Trendline looking back a price action when this pair hit the Trendline it fell over 300-400 pips so I believe the same scenario will happen again, before...
