Depending on the results that we get on news this week we can see the market going down ! (red + orange + blueish arrow)
if we get a hammer candle it may go up until resist (PURPLE ARROWS)
Option 1
Market continues to go up until the Resistance on 1.255 then comes back down.
Option 2
Market makes a retracement until the market "Possible Buy Point" where we can see a possible support of a resistance broken.
Dxy is porbably doing a break on that uptrend where we can see a possible fall until 88.600 lvl and then a retrace of retutching the trend around the lvl 92.000 and 94.000
Possible on a Rising wedge, and now doing a what look like a triple TOP.
Let's see if the market finally makes a good down move, possible until the suport lvl 1.18500
USDCAD its at this moment on a possible strong suport, we can expect a up move until the last strong suport that now can be a resist close to the lvl 1.30500.
For de USDCAD we can espect short move.
On USDCAD we can see on 4H tf that the price brakeout the uptrend that went doing support to the price and is now making a retest move
Wait for the confirmation of retrace confirm and enter on a bearish position
Best Regards
José Pêssego
For de AUDUSD we can espect some good long moves.
On AUDUSD 4H tf we can see that the price broke a strong downtrend and it's making a reverse move to complete de retest on that trend for possible long move.
We can see also that this break and retest beats a good Supp/Resist lvl that helps to identify the possible retest position.
We can see also that this...
For de EURUSD we can espect some good moves.
Nothing in concrete but 4H tf we can see that we ae moving on a downtrend that almost touch a Strong Support lvl 1.0600 .
Maybe we can see the market touch that lvl again and go for the upside or instead of going that big bearish move we can see the price fast going up to break the trend and making a retest so we can...
