A reversal in GBPNZD is expected as a Butterfly Harmonic pattern is expected to play out at a resistance Level.
USDJPY has been Bullish for quite some time and still we can observe a Bullish Continuation Pattern with no Divergences
GN, has formed a Bearish Flag continuation pattern and has retraced from the 0.5 Fib level making a LH and will most likely make a new LL.
NZDJPY has formed a Bullish Continuation pattern and has retracted at the 0.382 level , making a HL and will most likely make a HH from here on.
Forming a rising wedge. On the Daily Resistance level. Div on RSI DXY looks like it might come down
EU is currently hovering around its daily support and has shown signs of a bullish Move to the upside. Longs can be taken with your SL at the previous Low and can target the next resistance zone.
NAS is making a rising wedge with a 1 Hour divergence on the RSI and currently is also respecting its TF 4HR Resistance. Shorts can be taken from the previous HL
The pair has shifted from a DownTrend to making new HH and HL's. A Bullish Harmonic Pattern with a clean Bullish Flag can also be observed giving us a confirmation of a future upside.
CADCHF has formed a Double top and is showing signs of a DownTrend further verified by a Bearish Divergence on RSI.
GBPAUD was forming a rising wedge and has been bullish but it has broken its wedge and posted a Bearish Divergence as well, giving further confirmation of a bearish shift.
USDCAD has been bullish after a couple of news events but a Bearish Bat Coupled with a Bearish Divergence can be Seen. Will USDCAD respect these confluences and shoot down?.
Is the Bear Run of EURGBP finished? Will the Bullish Divergence play out?