EURUSD should hit that resistance zone before going short. If you take the trade use proper risk management and be reactive not predictive in your trading.
The pair has touch a trendline(3rd time it touched the trendline) therefore it should retrace back to the 1.38000 price. Trade with caution. You can lose all your capital if trade forex!!!
GBPJPY should test the resistance before going short. We see a ascending triangle in the market. The market is quite bearish at the Daily timeframe therefore you should go short after breakout and retest of the pattern.
Price has reached resistance at USDZAR, there are fundamental's that we should consider that are happening such as USD retail sales that are going happen during the week of 16Aug-20Aug 2021. If all goes to plan USDZAR will short until 14.51 from 14.83.
Price should retrace before going for the psychological zone of 2.00000. This is a zone that buyers are aiming.
We have a AUD event at 3:00 AM in UTC+2 where it will determine if GBPNZD goes up or down.
