


AUDUSD is trading in a minor bullish trend. Reaching a new high, the price started a correctional movement within a bullish flag pattern from the beginning of the week. Yesterday, the price broke the resistance of the flag, now, we see its retest. I expect a bullish continuation to 0.695
XAUUSD is following downtrend. The Trend line channel is the value zone. The next support is 1680. Today important news in US session.
AUDNZD is trading within a wide horizontal trading range on a daily. The price reached its upper boundary yesterday. Testing the resistance of the range, the price formed a head and shoulders pattern on that and broke its neckline then. I am planning to short the pair with stop loss - 1.11075 and target - 1.1. Good luck‼️
So it turned out that GBPAUD broke and closed below a rising trend line that we spotted yesterday. Now we expect a further bearish continuation.Sell!
USDJPY is trading in a strong uptrend And as the pair is going down now It is set to retest a horizontal support level From where a rebound and a bullish continuation Are to be expected Buy!
EURGBP recently broke a key horizontal structure support. The broken structure turned into a key resistance. Retesting the broken structure the market reacted nicely to that. The price broke an intraday rising trend line and closed below that. Now I expect a further bearish continuation. Sell!
AUDUSD is about to retest a resistance cluster So a bearish reaction is likely to follow From the level, with the target of retesting the target below Sell!
CADCHF is retesting a support cluster Of the rising and horizontal support levels Which means that a bullish rebound is likley With the target being a supply level above Buy!
GBPUSD is trading in a downtrend Below a falling resistance So I think that after the retest We will see a move down Towards the target below Buy!
NZDUSD was trading in a downtrend Below a falling resistance line But a bullish breakout happened So I am bullish now and I think The price will go higher Buy!
EURUSD was trading in a downtrend But then we the pair retested the parity level And we saw a bullish rebound That was reinforced by the bullish breakout Which makes me believe that the pair Might move even higher Because it is locally oversold Buy!
USDCHF broke out of the rising wedge And I am locally bearish biased now Because it retesting the broken the rising wedge line.We will see a move down Sell!
CADJPY broke and closed below a support line of a bearish flag pattern. I believe that the price will keep falling now.
As I predicted, WTI Oil dropped nicely yesterday. The price formed a head and shoulders pattern. To catch a bearish continuation, watch 100.3 - 102.0 horizontal neckline. We need a 4H candle close below that to confirm the breakout. Then, shorting on a retest, a bearish continuation will be expected to 97.2 level. ‼️If the price sets a new high, the setup will...
As you remember, traders, we were monitoring NZDCAD last week. We were patiently waiting for a neckline breakout of a double top on 4H. It's finally broken now and we already opened a short position with my VIP members. I expect a bearish move now to 0.7959
NZDUSD is trading in a downtrend In a falling channel pattern And now the pair is retesting A resistance cluster area Therefore, the price will likely go down Towards the target level below Sell!
RIPPLE is trading in a downtrend And the XRPUSD pair is about to retest The falling resistance from where I am expecting the price to go down Sell!
The heavy sell-off was triggered by soft economic data from France which not only darkened the already gloomy outlook but increased fears of a recession in Europe. Euro bears went on a rampage yesterday, dragging the EURUSD to levels not seen in 20 years as traders cut bets on European Central Bank (ECB) rate hikes! Prices are heavily bearish on the daily...