Price facing heavy resistance around 152.000, failed to break above. Head and shoulders formed on 4hr tf. Jpy ending negative rates. Intervention highly likely, anticipating a retrace to 150.000. Also USD unemployment was bad today which may trigger a downward leg.
Price has pulled back into a daily zone which initiated the big move upto 40000. Formed a double bottom and rsi re-emerging from oversold. Lower time frames making higher lows and highs.
Price retraced to 76 fib level and formed inverse head and shoulders, previous 2 4hr candles closed bullish rejecting indicating bearish fatigue. Retested neckline giving entry.
Price making higher highs and lows on daily tf, price has retraced into weekly/ daily support and broken ascending trendline to the downside. However, still expecting price to pull back above that level, last weeks lows liquidated. Anticipating a bullish push back into the trend perimeter.
Oil made a lower high at 82.43, consolidated then broke below the support and through an ascending trend line on the 4hr tf. Weekly closed as a bearish rejection from higher tf resistance. Price has moved up to retest Moving Average and may tap trendline agaim, but ultimately anticipating bearish momentum to enter over NY session. Crude oil inventories due later...
Gold hit all time highs last week but had a massive pullback. Weekly closed as a rejection candle, anticipating price to continue making lower highs and lows on the 4hr tf. Sells taken targeting current lows with potential to keep pushing to 2150 psychological number.
Price retraced into golden zone, GBP bank rates remaining the same which often results in bullish momentum. Yesterday daily bullish engulfing close, todays has tested the lows from 4hr breakout area. US unemployment claims later which should provide volume to continue to the upside.
Price rejectes of higher tf 764 fib level. Yesturdays daily candle closed as bullish with massive rejection wick. Pric3 testing 4hr support, expecting it to hold for bullish continuation.
Oil has pulled into daily zone, being in the 50-618 fib zone with resistance to the left. Overbought on RSI in every time frame. Expecting some profit taking. Can easily retest ascending trendline or even break it if selling pressure ensues here. Weekly didnt make a proper retracement for liquidity in my opinion so a test of 80.00 should happen this week.
Price moved up from 618 resistance into 764 fib and 4hr fvg. Formed resistance here, expecting the 4hr high to be maintained and price to move down. Talks of japan ending negative rates next week. Anticipating jpy pairs to price in this hawkish policy.
Price rejected off daily resistance and 4hr bearish engulfing closed below 4hr resistance zone, expecting this to be a lower high for price to continue bearish toward monthly ema and ascending trend line.
Price fell into golden zone 50% fib and touched 188 000 fkat psych level. Expeting a push off here as it is still early in the week for gj to drop as there hasnt been any significant jpy news. Pouns gas been strong which is a further confluence.
Price forming double bottom at 88.2 fib retracement. Seeems too early in the week for the 4hr swing low to be broken. Expecting a bullish push from here. Jpy news this week will dictate whether bullish trend will reverse.
Price formed double bottom at daily zone, been making higher higgs and lows. Previous day closed bullish. Price has pulled back into the lows and if it maintains above we should see a fortvur bullish move.
4hr made a lower swing low at 1984, price has retraced to weekly resistance and 7.62 fib zone. Expecting bears to enter market here, 1hr failed to break yesterdays high. Anticipating a correction of yesterday's impulsive move.
Price hit 1.27000, hourly chart closed bearish, could not break high at 1.27100. Yesterday brice had a big retrace but expecting price to contunue bearish. No red folder news so downtrend should resume. Dxy forming inverse head and shoulders to continue up. Gbp made right shoulder on dialy head and shoulders.
Last week closed as a doji and failed to break swing low near 1.25000 just like the previous week before it. 4hr has been making higher lows and holdind ascending trend line. No major US news able to push price down. Anticipating a break of the daily resistance at 1.26300 to retest 1.27000.
Price moved bearish as expected but sooner on Monday. Expecting bullish momentum to ensue here as we are at 76 fib zone. Anticipating us news to push price up for the week before another drop later.