There are alot of confluence for downward movement on #audusd .will be continually looking for opportuning for short on the lower timeframe especially around the daily open and round up numbers the patterns might present itself.
trending for a long time . can it continue to break the recent high to continue to the upward or change to downward movement. the gbp according to commitment of Trader Data the short position are been open while long are closed. overall gbp COT data remains weak. i remain bearish Bias on OANDA:GBPUSD
As Dollar remains Strong i see gold keep trending lower .if all things been equal this should be right level to look for the short opportunity. I'm bearish bias on this instrument.
chfjpy has been ranging breakout from the current structure and back retesting the structure with momentum candle. I'm definitely bullish on chfjpy
could this be the change of direction of most of USD pairs. USDCHF recently making higher high. will be watching on the lower timeframe to look for confluence for possible buy.
for the past several months #gbpusd has been on the bullish trend even creating higher high for first time since couple of years now. i do expect this pair to move to downward direction in coming weeks. bearish bias long-term target 1355 or lower
nzdcad has been trending upward for months now. if the current 4hr level hold that is to say we are expecting a lot of upside movement and if fail to hold that is to say change of trend is confirmed. comment below your thought about this pair
Gbpjpy keep making high high and recently showing a lot of weakness on 4hr, waiting keenly for break and retest the current level to form bearish head and shoulder chart pattern to signal downward movement, until then standing on the sideline for this pair
M formation has formed retesting the neckline area 1.616 will signifies massive downward but there is a hurdle on daily trendline i will position a sell around 1616, short term target 1.600 and final 1.590
bearing bias on this pair break and retest the current level or heading back up to to retest the neckline of double top chart pattern for downward movement.
for the past couple of months plus FX:AUDUSD has been bullish. seeing weakness recently. next week and beyond will be looking for opportunity to short.
Bearish head and shoulder pattern, will be waiting for the retest of the neckline for possible short position.
i will be interested to look for long position if FX:GBPJPY retraced to my marked level, until then am on sideline watching
the pair formed double top at the strong level confirming the continuation of the down movement
This pair is testing a structure, if the pair can successfully break above resistance
Bearish bias on FX:EURUSD waiting for break and possible retest of the ascending channel pattern.
monthly weekly and daily pointing to start of bullish trend