UnknownUnicorn65498

UnknownUnicorn65498

EURJPY finding a (temporary?) bottom here on this 4 hour chart. Looking how high price is rebounding from those level. It's also worth keeping an eye on the price dynamics here i.e if price is stepping up inside the channel. A higher floor could be bullish. The first cluster of resistance looks to be at around 138.90 and the second major cluster of resistance at...

UnknownUnicorn65498

GBPSEK on a 4h time frame. Momentum is fading here somewhat. Price / indicator divergence confirming this. Would expect a rebound around 11.15. Long term momentum is solid. A break below 11.13 would imply a bigger correction.

UnknownUnicorn65498

NZDUSD chart 30min. Nice Channel to the downside. Looks like price is rebounding or at least consolidating.

UnknownUnicorn65498

Really liking this AUDUSD chart. First the nice red channel downtrend, followed by the blue upwards chart : our first sign that price was possibly rolling over to the upside. We had a couple resistance rejections (red line) but no follow through to the downside... There's a new channel developing : the green one. Notice that the RSI dipped into deeper oversold...

UnknownUnicorn65498

This chart was posted a few weeks ago. We have hit resistance a few times. Price did not manage to pierce the red channel... observing for now the price action at those levels. 20min charts still showing signs of price strength : one more attempt to overcome resistance is in the cards.

UnknownUnicorn65498

Nothing too exiting happening yet. Price just rebounded at our support level. Plenty of price/indicator divergences... observing how high we retrace for now.

UnknownUnicorn65498

//REPOST, last post contained mistakes. My apologies// Cable looking like it's taking a pause - check also the 8h chart posted 2 weeks ago : . Price will probably rebound somewhat once it hits the coming 2 main support levels... but I would expect only a shallow rebound. This setup also translates into a nice EUR/GBP long.

UnknownUnicorn65498

Cable looking like it's taking a pause - check also the 8h chart posted 2 weeks ago : . Price will probably rebound somewhat once it hits the coming 2 main support levels... but I would expect only a shallow rebound. This setup translates into a nice EUR/GBP long.

UnknownUnicorn65498

This chart was posted 19 days ago. A quick update is due. We hit the upper red channel as planned and had a nice 250 pip pullback since then. There's a good chance that we are going to retest the upper red channel and perhaps even pierce it.

UnknownUnicorn65498

NZD/USD looks like it is rolling over. Price is not giving the clearest signal though. I'd like to see momentum pick up (very) soon i.e if price does't slide from here soon we might be in for a surprise to the upside. 20min and daily chart confirming this also. There is dollar strength but more importantly no clear broad dollar strength (yet?) - something to keep in mind.

UnknownUnicorn65498

Momentum slowing up in the GBP/USD. There might be a chance that price will make one last push up to 1.6978 and then retreat. Taking out the last few highs will no suffice to keep momentum positive... for that to happen price would have to shoot up to levels in the 1.7180

UnknownUnicorn65498

Looking at the weekly USD/CAD chart. There's a case to be made for a continued move to the upside. One cannot ignore the base formation that took 5 years. We are witnessing price moving at a higher angle. I'd like to see price hit the first relevant blue line (middle arrow) with price not piercing the lower line (lowest arrow) - should price correct / consolidate....

UnknownUnicorn65498

AUDUSD hitting some resistance levels. The 20min chart is also showing some signs of exhaustion. It would not surprise me if we see a bit of broader USD strength. Dollar volatility has been low... we could see a dollar volatility expansion in the near future.

UnknownUnicorn65498

AUDUSD hitting some resistance levels on the 8h chart. The 20min chart is also showing some signs of exhaustion. Check the 8h chart (posted subsequently) to better understand the possible dynamics

UnknownUnicorn65498

The Nasdaq just rebounded from it's support level. There's is a small price to indicator divergence developing. Momentum is still looking health. Very curious how high the price is going to rebound. I would prefer the blue channel to remain in control. Without a pullback / consultation phase, price would have to climb quiet fast to sustain momentum... which would...

UnknownUnicorn65498

The USDJPY is getting a bit volatile here but there is no clear evidence that price is going to drop like a falling knife (yet). I would watch closely how price behaves at the next price support. The weekly and the daily chart is showing a lot of divergences. It looks like price is at a junction.

UnknownUnicorn65498

The grey downside channel held well. We hit an important support level on the 4h chart (). The price / indicator divergence is significant. No doubt the EURUSD is rebounding.

UnknownUnicorn65498

Looks like support held! 20min chart telling me also that price is rebounding ().