As we hav seen the EUR is loosing strength rapidly and the pound will continue holiding its value against it expect long term shorts
within a short period the AUDis currently facing resistance although this is not a long-term short we are expecting to buy as soon as support is tested
we are going to see a bullish rally on bitcoin usd with the dollar temporarily bearish
temporary resistance is being experiensed the market is heading for support to break the current resistance this will happen in a few days
we are going to see a strong pull back towards the recent support area that i have highlighted in any case the bears are still running the show and once it is ready let us anticipate a crush in this market
USDCADSHORTS.,,Buying pressure might decrease once price registers 1.32704/1.32707 region for bear movement to 1.31315
gbpusd shorts to 1.23387 levels befor continuation to the upside wich is evident on the monthly timeframe
Retest around 30489 will push price up to 31255 to acomplish filled orders eliminating conflict of interest to then give bears a chance
With our entries at 74.34 I am expecting that price may drop to 27.65 before the bulls can take some form of control over the market consolidation is about to be broken
Although this position is still in play we might experience a retest of1.32357 if so that may be our second entry from the first entry on market open we are anticipating a short to 1.23909
though price has not retested 1.25170 we will keep our eyes on the daily timeframe to expect a bull rally towards 1.40781 or higher
price is set to retest 1.05804 or 1.07023 as I earlier indicated the price was bearish though the pressure has been moderate and price has not reached retest price
A retest around 0.86050-0.86144 may give us a reversal to 0.84405 basing on the larger timeframe that the market is bearish
Price has met a resistance and facing new highs the pullback has confirmed the rise in price
the market has met resistance and the pressure seems to be on the down tend
gbp usd bull run might face resistance and have to look for support around 1.26389.....