CAD CHF - Long-term bearish trend - Resistance forming at previous highs - Awaiting a move towards support before looking for price to fall back down to prior levels
AUDNZD - Long-term bearish trend - Bullish during the last two weeks - Established a support level - Look for the price to fall to the lower support before continuing the short-term bullish trend
USD CHF has been in a long-term bearish trend and has most recently been trading in somewhat of a channel. We look for USD CHF to rise to the upper channel line before looking for it to make a subsequent move back down. Long-term bearish trend Horizontal channel Most recent lower low
GBP USD Short Trading within a downwards channel Short term bearish trend Approaching an upper resistance level RSI approaching 70
Trend: Bullish Structure: Support and resistance Plan: We look for MACD to confirm and price of bounce off of lower lows and continue its bullish trend to previous highs. Please be cautious as Lower Highs are in play hence could be a sign of a bearish trend emerging.
Trend: Bullish Structure: Support and resistance / Technical indicators Plan: We look for price to pullback to a support level then if MACD confirm take a long trade up to previous high and continuation of trend.
Trend: Short term bullish Structure: Support and reistance, alongside Higher Highs and Higher Lows. Plan: We have see price move higher over the past month. We now look for price to respect the lower resistance level and make a move higher. Please be aware that there is a zone of support below that price could fall into before bullish continuation.
Trend: Bullish Structure: Support and resistance / technical indicators. Plan: We look for price to bounce off the lower support level and move up to a previous resistance level. MACD and RSI seem to have reached a low point and appear to be starting to reverse suggesting confirmation of a bullish trend.
Trend: Bearish, Short term bullish Structure: Support and resistance zone Plan: We look for price to bounce off of previous high resistance zone and make a move down to previous lows. Please wait for price to breakout of the zone to the downside before entry as there has been a strong bullish momentum recently.
Trend: Bearish Structure: Support and resistance zone Plan: We look for price to respect the upper resistance boundary and make a move down towards previous lows. Please wait for signs of bullish rejection at the resistance zone before entry.
Trend: Bearish (long term) Structure: Support and resistance zone Plan: We look for price to continue its bullish trend and enter into the resistance/support zone above, then move to tp at 0.5Fib level.
Trend: Ranging to Bearish Structure: Support and resistance levels Plan: We look for price to bounce off of the upper resistance level and make a move lower to previous lows. MACD and CCI look to have confirmed a bullish trade.
Trend: Bullish Structure: Support and resistance Plan: We look for a small pullback before entry as price has bounced off of lower support and we look for a continuation of the bullish trend
Trend: Ranging Structure: Support and Resistance Plan: We look for price to bounce off the lower support level and move to previous highs. MACD, MFI and CCI look to confirm a long. Please wait for this before entry
Trend: Bearish Structure: Support and Resistance Plan: We look for price to reject the upper level of support and then take a short down to 0.618 Fib level with 0.5 being TP1. Price has shown some rejection at the point of resistance by a number pin bar candles. MACD also looks to confirm shortly.
Trend: Long term bearish / Short term ranging Structure: Support and resistance Plan: We have trade this pair a number of times. It appears price is retesting the zone of resistance again. On pullback we look to take a short down to 0.5 Fib level. Please note there is currently higher lowers so enter with caution.