RKchartest

RKchartest

AUDUSD tested the same trend angle as the above high and lower high. Possible it could be the start of a channel. On the other side, could act as a trend line to sell off of.

RKchartest

AUDUSD is finding some support at mid channel and retesting the support level. This could be a area that finds bids to curve price back towards channel support.

RKchartest Updated 

USDCAD is at Resistance, 200 day moving average and channel top.

RKchartest

GBPCAD has been pressing a channel top. Could be a great spot for the pair to dip. Yellow spots will offer some support. Some strong support levels below the channel. Wouldn't surprise me to see channel break on a retest of those levels.

RKchartest

Channel still holding on the EURUSD. The trend angle line duplicated to the end of the last minor wave has been breached and retested. Its a good indicator that the current move could be over. If EURUSD was going to go in USD favor, this would be a great place to start building a position in my opinion.

RKchartest

EURUSD has hit a major yearly pivot point at the R2 level. This level is also a monthly R1 level. I would expect to see some selling back to the 1.1900 area where some support maybe found. With the hurricanes going on, I would be cautious buying usdollar till its over.

RKchartest

$USDCNH is at a nice resistance level. Multiple time frame pivots are aligned in this area. I expect the next pivots below to be hit.

RKchartest

Will the Yearly Pivot break the trend for the USDCAD? If not, id expect new highs.

RKchartest

AUDJPY breakout out of resistance and pulled back to the support level.

RKchartest Updated 

EURUSD just broke the neckline of a head and shoulders pattern. Pair is also pivoting off a yearly and quarterly pivot point cluster. Only obstacle is the yearly pivot level, if that breaks, I expect the head and shoulders measured move to happen which will also fill the GAP many FX brokers have on their charts. Yearly pivot could act as a pullback area to the neckline.

RKchartest

USDCAD has twice tested the 50% retracement level from the high. With new tariffs on canada from the US we may now have the fundamentals to break the level to open the door to the 618 retracement. Price has cleared above the yearly pivot pivot with the quarterly r1 and 50% as the only hurdle acting as resistance. The Quarterly R2/618 level would make a great level...

RKchartest

Pair is in a triangle and getting close to break.

RKchartest Updated 

AUDNZD, Pair hit quarterly pivot with confluence on yearly quarter pivot. Pair is pushing down from a morning star . The daily appears to be oversold or approaching it soon. However the daily candle is also bearish. So, pair is sitting at a support and resistance line. "RED LINE" If your trading this pair, look for a close below it to go short . If that line...

RKchartest Updated 

EURGBP, Yearly pivot is holding and pair is oversold currently. I remain bullish while this holds. On a larger picture, we have a what appears to be a very large head and shoulders forming. When the pivot breaks, ill switch my bias. As so should you. However for now, Support is doing its job.

RKchartest

CADJPY Divergence setting in on the STOCH and RSI. Pair currently sitting in on the yearly mid pivot and the quarterly S1. If pair breaks back above the dark red line id expect the pair to move up to the 82.25 level. If not, hold your trade for the long around 79.65. These are zones, not concrete barriers.

RKchartest

AUDCAD, Bullish bias while above the Yearly quarter pivot above 1.0270. Pair is overbought on 4h chart and expect a pull back. The pair is not overbought on the daily chart with room to the upside.

RKchartest Updated 

AUDJPY is approaching Quarterly R2 levels. Area is a zone for a higher probability reversal / strong correction. Ill be looking for the area to start to hold and look for a long position. R2 level also is long term Support and Resistance Level

RKchartest

AUDUSD is reaching the quarterly pivot. If level is hit, ill be keeping stop just below the monthly S2 level.