Kiwi staying in descending parallel channel for the time being, SRSI, CCI, and RSI are all showing sell signals as it approaches its upper channel bound. Taking profit at most recent low.
Loonie has broken up out of the descending channel for the second time, and is sitting just above a long time support level. The direction of its impulse will be shown when it either breaks through the support or bounces off. May very well depend on market sentiment on how USMCA implementation will go
The bear flag that formed since 2016 was broken out of this past June, and has been falling steadily on the weekly. Based off the bear flag target alone, the aussie would plummet, but most likely will be stopped at the 0.6000 institutional level if the USD does not crash by then.
The swissy just broke up out of a downward channel but is consolidating in the old intermediate channel from since March '18. Expecting to rally up once more to the resistance then edge to edge down through the ichimoku cloud. Take profit at 139.724
The swissy has entered a bear flag and is approaching the 0.99342 intermediate resistance, then will continue back down into a short. Buy at the resistance line and take profit at 0.99000 level and again at 0.98556
The NI225 has been rallying up after the 20900 institutional support level, but is going to finish its ascending triangle at the top fib line. Expecting the Nikkei to touch the fib line around the start of '19 and fall from there.
