Detecting a pennant, expected to break through since it has already bounced from the trend line. May continue to rise further until resistance level.
A Bearish harmonic pattern is identified, USD may strengthen due to G20 summit so there should be a pullback happen soon. As of this time, US Stock market is in turmoil and will continue to be weaken fundamentally speaking as JPY is known to be a safe-haven. Possible short towards support level and a pullback might occur then the trend will go downwards.
CADCHF is now approaching against the trendline and resistance level, given the fact that CAD is strengthening due to its recent economic news release. Will it break? the pair is potentially long.
If AUDNZD fails to break support level, then it is officially a bullish reversal otherwise may fall further noted that NZD is crazy strong throughout the previous week and the trend is down on the daily chart.
Fundamentally, USD may possibly be strengthen due to G20 summit and possibly weakening of GBP due to Brexit drama due to the fact that the trend is Down in the daily chart. If we go for long, wait on the pullback at support level.
With NZD is strong like throughout the week and a possible crashing of GBP due to brexit deal, what we hope for a bullish reversal still failed and will fall to the next support level. Fundamentally, further short is possible due to the fact that the trend is down on the daily chart.
One thing for sure, EURAUD has broke out through support level but if it fails to break through the support level then a possible bullish reversal may occur. Take note, the trend is sell in a Daily Chart, take long trade on pullback.
If EURUSD fails to break the trendline, it is officially long otherwise go short till next support level.
AUDCHF is in the process of forming a bearish harmonic pattern and currently approaching resistance level. AUDCHF possible to reverse at that level.
AUDCAD will soon to approach and test resistance level at 0.9700 for the first time. Take the short opportunity once the price reverses.
SILVER is currently in down trending in the weekly chart, take a long opportunity on pullback in the daily chart all the way till resistance level at 114.700 level as it shows a a three Bullish candlesticks and Bullish Morning Star pattern.
USDCHF will coming down to 0.99700 support level given the fact that US market is weakening.
USDCAD will continue to go down until 1.3100 support level after breaking through from the previous support level now turned resistance level
AUDUSD has already breakthrough the resistance level which exposed another resistance level @0.73800
GBPUSD may still go down given the Brexit deal and weakening of US Markets. Go short after pullback and price will continue down until support level and the trend line.
USDJPY possible short until 111.600 support level given with a Bearish Harmonic Pattern and Bearish Pinbar.
EURUSD approaching the trendline and resistance level, wait for the breakout for buying confirmation otherwise go short.
Gold is currently in uptrend and is about to approach resistance level @1230.00 which has been tested multiple times, once it breaks it may go all the way to 1260.00 level given that USD is weaken until probably next week.