according to the daily timeframe this trade is a downwards trend. However, as the trade entry is coming off a very abnormal S/R, there is a small chance the trade can go the opposite way! does not fully comply with my trading plan but its a Monday so F*** it! P.S We also got USD news at 1.45PM (UK time)..
Daily trend and 4h line of support is indicating a SELL position
4h downward trend 1 downward trend with a strong line of resistance. Seems like a good time to short
4h shows a very clear movement off resistance therefore indicating it is time for EURAUD to go down. retracement is likely to take place a number of time but the overall movement for this pair is downwards. keep an eye on 15M for a good entry! The better the entry = the more pips you catch!
EURAUD Market movement in the longer timeframe indicates upward moving.
NZDJPY LONG 15M timeframe was used as an entry point. The price has just come off a 4h line of resistant and taking into account the trend is your friend, it should be a buy trade.
Both the daily and 4h trend is bearish. 1h line of resistant facilities a great entry point for a sell, for both short term and long term.
Despite monthly and weekly being a bearish trend, daily and 4h is bullish. TP region should be somewhere between 0.72050 & 0.72106.
4h = is an upwards trend. 1H = Is an upwards trend. TP can be from the region of 126.207 to 126.302 seems like the market price is turning D resistance into support therefore SL is in place to hopefully accommodate.
CADJPY LONG: 1h timeframe shows a very strong line of resistance. 4h is a upwards trend which also supports the trade as previously it encountered the line of support and is now making its way up to the line of resistance.
GBPJPY SHORT - with 15m confirmation according to current analysis.