Bearish TS KS cross, SAR to the topside supporting downtrend. US equities closed lower overnight and volumes low. Expect volatile swings with expected heavy selling.
Tweezer reversal on the daily. Close below short term support at the TS. If the SAR is tripped on the downside I will build/add into existing short targeting the KS support toward 1.3105
Hammer posted for Aussie. Bears still trying to overrun with heavy selling above 0.9500. IMM spec short positioning at historical extreme. Expect push towards KS short term before losing momentum and turning bearish once more. Small long position taken due to risk to return favoring the short term buy side. Aussie employment numbers could be a hindrance but for...
Target 0.9400 short term as long as the pair stands above the cloud
Maintaining an ever so slightly bullish tone, whilst holding above the TS. The pair is still ranging and may be slow coming into NFP. Play the levels of current range and expect chopping price action.
We do have a TS and KS cross, but i consider this to be a weak signal given the cross has occurred well above the Kumo. Price action is consolidating below the KS which increase my preference to side with bears, however a clear break into the Kumo is required to confirm current direction.
Slight bearish preference as long as the TS is not crossed to the upside - with current updside price action subsequent to disappointing US data.
Pair has taken out the daily parabolic and remains above the Kumo and 200DMA. A possible double top will be formed if the pair breaks below 1.0380 but upside target now stands at 1.0550.
Pair remains below the 200DMA and the TS - consolidating recent losses. Target remains below 1.2700
Pair seems to be developing a flag pattern after a brief uptrend. Generally we see a continuation pattern and an upside break over coming days is expected for the pair.
Pair has posted a hammer and looks to target upside with BOJ starting meeting today.
The pair has fallen back below the tenkan sen and is looking like targeting the medium term kijun sen for another downwards move to 1.5000 short term.