refer to main AU analysis* Couldn't upload them all yesterday.
We seem to be bouncing off our MONTHLY Demand zone. Will be looking for BUY opportunities for the long term. On our WEEKLY we see our MM Peak structure low forming, indicating a turnover in the market. Down to our DAILY we see a buy opportunity off our Weekly Support. Disecting even further to our 4HR we see buyers getting tired, not making higher highs anymore. A...
GBPUSD looks to be DOWN trending on the MONTHLY, currently in its Second phase of structure. (riskier to trade. we prefer Turnovers or 1st phase trades)* dropped down to a WEEKLY timeframe we see it making Lower lows, but Buyers came in making a Fresh Demand zone and is holding now, so no reason to continue selling untill zone has broken. That being said, if im...
Overall EURUSD seems to be DOWN TRENDING on the Weekly and currently consolidating. Dropped down to the Daily we see BULLS come in and create a FRESH DEMAND zone. Untill that zone is broken, there is no reason to sell. Dropped down to our 4hr we see FRESH SUPPLY zone, that will give us a good entry to trade with the Overall trend. Disecting even further we see a...