BUY EURUSD now @ 1.13273 SL: 1.12697 TP1: 1.13916 TP2: 1.14537 EURUSD at inverse head and shoulders pattern and 61.8 retracement
BUY GBPJPY now @ 144.947 SL: 144.483 TP1: 146.032 TP2: 147.071 TP3: 148.354
BUY GBPUSD now @ 1.28629 SL: 1.27199 TP1: 1.30024 TP2: 1.30685 GBPUSD currently at strong support level and 88.6 retracement
NZDJPY has already broken weekly trendline and I'm seeing this move down to the 73.273 area
Here's a weekly chart of NZDUSD. It has recently retraced to the 38.2 retracement and is now on its way to the 0.68191 support which has held for more than a year now. We have RBNZ Interest rate decision this week so keen to see how that will affect this support area - whether it helps break it or support it
AUDUSD has already broken 2 intermediate trend lines and is bound to drop the the monthly trend line. A weekly bearish candle close below 0.74045 would warrant a good sell towards the 0.71531 area.
DXY has formed and inverted head and shoulders pattern on the Daily and it's consolidating before making a break and retest above the 95 level.
Price is currently sitting at 50.0 Fib and Daily resistance. For swing sells, I would like to see price break that small ascending trendline and break below the 1.75495. I project price moving first to the first fib cluster zone between 1.68 and 1.67 and ultimately to 1.63 to 1.62
Third touch on the bearish channel trendline and price is also in a fibnonacci cluster zone
Price at Weekly support and Daily RSI divergence
Broken trendline Price retested. ABCD completion at 1.272