USDCHF. Look for resistances turning support levels to find a long entry. Can swing the trade to 0.94 by adjusting the SL level. Manage risk.
EURUSD. The pair will slide to the downside in the coming days. Target 1.2-1.205 Check the related idea below to see the previous analysis and for some educational content.
Rules regarding the formation of an ending diagonal. After the completion of the pattern, a reverse movement can be expected.
Dollar Index. The RSI divergence and the possible diagonal could mean a correction/reversal in the price to the upside. Most of the XXXUSD pairs turned bearish last week and it could imply upcoming USD strength. Price action may be helpful in finding a possible reversal/movements to the upside. Please manage risk.
GBPUSD. An ending diagonal with a divergence - one of the best reversal indications. The pair has rejected the top and may soon turn bearish after small corrections. Please manage risk.
EURUSD. After completing the upward movement, and leaving a double top last week, the pair may start the downward movement this week. Please manage risk.
AUDUSD. After a small correction/consolidation, the downtrend shall continue. Look for shorting patterns and manage your risk.
BTCUSD. Bitcoin. After the correction ends, the cryptocurrency may again start its move to the upside. Look for buying signals and lower the risk as much as possible.
USDCAD, Declining for the last so many months, traders have been going long on this pair and getting stopped every time. The pair at a significant pivot point and there's a good chance that it will turn bullish soon, with a target of 1.3+ (For swing trades) Please manage risk while trading.
LTCUSD. Litecoin. The trendline has broken downwards which means we can expect more pressure to the downside for now.
CADJPY. There can be more upward pressure before a correction or a change in trend on the pair. Please manage risk while trading.
USDCHF. Two scenarios are possible on the pair. It could drop to give one last leg downward which could make the (a) equal to (c), or the trend could continue upward from this area. Price action will conclude the upcoming move for the coming days/weeks.
EURUSD. The correction may have ended and the bearish movement may resume in the coming weeks. Price target can be 1.16-1.17, making another low or a possible double bottom at the previous level.
Twitter. This is a short term outlook based on the Elliott wave theory.
CHFJPY. Short scenario for short term trade.
Another analysis: The price can possibly start the upside move after crossing the resistance line. This is an alternative plan to the previous analysis. Both scenarios remain valid until we see more bullish momentum.
NZDUSD. All the NZD pairs are correcting at this point. The upward momentum seems to have ended and the next leg downward can begin from this point.
NZDCHF The pair is creating a corrective pattern in the form of ABC. This is an analysis based on the Elliott Wave theory. The correction could be a different (extended) one which can only be concluded after seeing further moves on the pair.