Expecting AUDUSD to pick up after we had a major retracement. if we break the channel however, then this idea is not valid.
Expecting bullish movement in a new bullish market. bullish movement will be confirmed once we break the neckline.
We are forming our right shoulder, we might get an extension to the next resistance before heading down, price action shall tell us.
Expecting bullish movement to continue after we are done with the pullback.
Expecting a turn here once again, I think we have topped USDJPY for now.
Expecting to AUD to pick up here, once we get our combination of price action approval and breaking of the trend line confirmed, then i would assume its a bullish market. If we break the channel we might test the bottom one more time before heading back up.
Expecting a turn around here, we might go a bit higher and test another resistance but that is less likely. we shall let price action speak for itself in the next few candles.
We are in uncharted territory now but if we break 111.640 successfully, I will place a short position. IF we break above 113.136 we might face a short term bullish trend which I will NOT trade.
expecting a bullish turn here, we might extend all the way to 127.8 before turning. any 4hr candle that breaks below 128 and closes there, invalidates this idea.
Expecting a turn around because we have reached a major support and the pair is oversold in 1 and 4hrs including daily. IF we manage to break 1.26, we might got as low as 1.24 and turn there, it all depends on much steam DXY has. DXY has also hit a major resistance and its overbought in my time frames.
Expecting a trend reversal either somewhere around here or after we break the minor resistance at around 0.895.
I think the consolidation period is finally over, though we might get another retest of the trend line, the general trend looks bullish.
Expecting dollar to start turning bearish. We might make one last push towards 97-98 before heading down or we might just get lucky and see the waterfall quicker if we break the trend line we are also topped by a resistance. Price action will tell.
Expecting a bullish movement after the retracement is done and the bearish flag is broken OR we might shoot straight up, price action will tell.
Expecting a bullish run once we break above 0.66596
Shorting AUDUSD either at CMP, or after a minor pullback to the trendline.
EURJPY is in a bearish trend. Shorts either at CMP or after a minor pullback depending on how price action reacts.
GBPJPY is in a bearish trend according to our indicator. Selling either at CMP or after a minor pullback.