Massive rejection zone at 1.29000 , I am expecting USD/CAD to short into lower levels such as 1.21600 to gain some strength before attempting to break the 1.29000 barrier.
EUR/JPY tap into 130.000 rejecting the trend line (completing another tap into the fibonacci), then short into 127.100 which correlates to the -27.00%
Continuing bullish momentum into higher levels temporarily, complete fibonacci retest then create higher highs.
EUR/GBP creating momentum to breakout with strong volume to the upside.
Complete fibonacci retest and short into 130.500.
My main target for this pair is 130.500 On the daily we are closing below the previous bullish candles, indicating bearish momentum. Fibonacci targets are 130.242
Fibonacci retest to then short into lower levels.
Strong bullish Momentum. Swing to upside breaking barriers.
Wedge formation, break out to upside before continuing momentum to downside.
Bullish Cup and Handle formation being created, signalling a bullish move to the upside. Expecting a retest at the fibonacci level of 78.6% (also a weekly level) of 1.22800. Needs to push higher in the higher timeframe to continue the parallel channel formation.
GBP/AUD to complete long term fibonacci retracement, which also correlates with the previous weeks high. To then short into lower weekly levels of 1.75500.
After some consolidation, EUR/JPY is ready to form a leg higher into 132.400. After completing a fib retest, the first target is 131.240 then into 132.400.
USD/CAD fib retest and short into Lower levels.
Head and shoulders formation. Right shoulder is forming, due for a mid week reversal after completing last weeks market cycle.
GOLD to complete fib retest, then to breach weekly highs.