eurusd had previously broken the triangle formation it had formed, but then it formed a double top formation. It is currently approaching the upper support of the triangle it had previously broken, if it cannot hold here, it is likely to re-enter the triangle and receive a reaction from the lower support.
USDJPY broke the resistance zone and is now retreating to this zone. It will retest 149,600 with a reaction.
USDJPY broke the resistance zone and is now retreating to this zone. It will retest 149,600 with a reaction.
EURNZD broke and tested its downtrend. It also broke an area where it saw resistance, so this area is now a support area, so I opened a long position by placing a stop below this area.
nzdusd has been in free fall for the last 3 days and has tried to hold on to its support at 0.6210 but failed. This decline will continue until 0.6160. I have indicated the entry sl and tp zones on the chart.
EURNZD is approaching the downtrend support, which is also a sell zone at 1,780. From here, the price could pull back and drop to 1,750.
DAX broke its 4-hour uptrend. Currently, if it breaks the 18,980 support, it can gradually retreat to the 18,550 level.
audnzd had previously broken its downtrend. After this break, it was caught at a resistance at 1.094. After testing this resistance 3 times (yellow circles), it broke the resistance (blue circle). It has now tested this resistance and is now using it as support (green circle). I opened a long position here. What do you think?
USDCAD broke the support at 1.3487. I will open a short position from here to the lower support. What do you think?
USDCAD broke the support at 1.3487. I will open a short position from here to the lower support. What do you think?