Last few weeks has seen this pair bullish to re-test a previous high from July. Potential reversal over the next week
We can see a retracement in the NY open as previous 2 sessions have been bearish for almost 46 pips. We can try and aim for about 20-30 pips as an intra-day trade.
We can expect a potential bullish movement here for EURCAD. Due to the news EUR was very volatile this morning, as NY opens it seems to have stabilised. We can see a potential reversal from a previous area of resistance
We can see a lot of rejection for the break above 0.679000 This area is an area of resistance on the 4HR time frame. We can get in for a mixture of a swing and an intraday trade
Potential Bullish movement from here. Re-testing a previous area of resistance.
We can potentially see a bullish run on the DXY. There can be a pullback from here on the back of a previous high on the 4HR or we can see a shortrise of 50 pips to 1.12000 handle before a reversal.
We can potentially see a reversal here during the NY session and Asia tonight. On the back of a pullback from an area of resistance and a double session confirmation
We can see a potential reversal from a summer rally of Gold for the remaining part of the year. Over the last few weeks - Gold has been reluctant to reach the summer highs. It broke below the 1500 handle. It has been playing within this bearish flag for some time now. As DXY has a potential pullback this week, we can find out if XAUUSD will break above or below....
We have a double session confirmation, potential rise of 40-50 pips from here as NY opens
We can potentially see a pullback after a bullish run for this pair last week. However, if it were to break this area of resistance then we can see this pair rise for 80 pips to a weekly trendline seen above
Bounce from a previous area of support - exhaustion from USD last week, we can expect a pullback on the DXY and see this pair test the 1.0000 handle once again
Potential EURAUD on the basis of a last 3 sessions all being bearish. We can see a potential reversal from here
We can expect a potential rise for NZDJPY from here. Previous two sessions have been bearish - it has come towards the P level of 68.000. Previous day low has not been breached yet. As NY opens - we cna expect a bullish movement before Asia session begins
We can expect another intra-day sell for CHFJPY over the next few session from a triple top forming on previous session highs
CADJPY forming a double top, another potential drop we can expect as NY opens up.
We can expect a drop in CADJPY from this area as NY comes towards an end. USDCAD and USDJPY both exhausted.