Weekly View EURUSD Favours Downside Target Of 103083 .......MERRY CHRISTMAS EURO BEARS
Clear as day bullish pennant sits just below H1 1000ma self explanatory target at 1.066
Price action 'suggests' a potentially good time to buy. Even the most 'half witted' algo will have 'detected' and 'worked out' the math.... ENJOY!
If NU can break out of this flag to the upside, it gonna accelerate away as it chomps through the short stops. If not, the alternative is also very clear.
Shorted AUDJPY from 80.53Looking for a test of 80.21
US DOLLAR Gap fill just shy of perfect 50% retracement target level at 12066
Shorting EURGBP at between 0.78296 and resistance 1 at 0.78367 TP between 0.77167 and 0.77118
Time to short GBPUSD for a spell from 1.44688 or current level, Price has struggled to maintain upside momentum at this level on numerous occasions, downside looks imminent
USDCAD Long Looks good to TP1 at 1.42050 and TP2 at 142975
USDCNH Bearish Pennant suggests a TP1 at 6.55400. Price may see a little upside test one or more of the levels indicated by dotted lines, before downside resumes.Data Release likely to impact AUD, NZD & JPY
With an anticipated rise in usoil prices in the coming week(s), a 'correlated' rise in the value of the Canadian Dollar should see CADJPY continue heading towards a TP1 of 0.9.419 , then on to 93.503
AUDCAD Bearish Pennant with estimated TP1 at 0.98753
Caution with AU.... current bearish PA will turn bullish after downside to around 0.68926 a break and hold above 0.69260 should see price resume its rise towards 0.69580 Then bears should take charge. bringing the price back down again
Short CHFJPY after possible pullback or at Asia open Near term target is 116.286. However, further downside is anticipated, bring price down to targets at 114.540, (0.618 fib) and 106.936 (0.5 Retracement Level)
Short CHFJPY after possible pullback or at Asia open Near term target is 116.286. However, further downside is anticipated, bring price down to targets at 114.540, and 106.936
H&S on USDCAD 15Min Chart suggest the possibility of a mild retest of neckline, before price proceeds higher. If neckline breaks, the fall is calculated to reach 1.44773 or test lower trendline THEN bouncing swiftly back up.
USDCAD Long term TP1 AT 1.44558 TP2 At 1.49645
Long EURCAD From GOLD line at 1.542909