There is still a lot of bearish power going on the indexes in general, maybe it could be the beginning of a reversal, but just in case we could leave a pending order on those levels with a good RRR 3:1. Price action has been consistent with the bearish movement.
USDJPY has been kind of bearish after the NFP but its hasn't been strong enough to end the uptrend, I would suggest: Long position: -Entry price: 111.591 -S/L: 111.310 -T/P: 112.434
GBPUSD is giving a sell signal on the 4 hours, daily and weekly. Suggested trade: Entry price: 1.31156 S/L: 1.33697 T/P: 1.28615
USDCAD is still on an uptrend in larger timeframes, confirmed by EMA, RSI, MACD and price action, so I would suggest: Trade USDCAD: entry level: 1.31410 S/L: 1.30653 T/P: 1.32924 Let me know your thoughts
EURUSD its a confirming a bullish movement on very short times frames, on the daily it has been sideways but in one hour and 4 hour chart its been on a bullish mood, confirmed by MACD, EMA, RSI and price action on both charts, I would suggest an entry on 1.17110
Bulls are very strong on the USDCAD right now, we can see that the retracement seems to be over, the indicators confirm that there could be a very good bullish movement coming soon, I would suggest to go long @ 1.31820
GBPJPY came from a very strong downtrend but bearish sentiment has lot its power for now and bulls are in for the takeover, there was an uptrend line that it respected consistently for the most part but it did a false break and it will most likely continue to be a bullish market.
Strong bearish market, confirmed by price action and trends on the MACD, EMA, and RSI bouncing. Still looking for an entry.
So the USDCHF has been on a bullish market than anything else, right about now seems like it was bouncing on the RSI, also the MACD and the EMA confirms that there could come a very bullish movement, I've pointed out a good entry level at the chart.
EURUSD has been historically on an uptrend, but a few days ago the bullish force has diminished a lot, confirmed by EMA and bearish divergence on the RSI, MACD its also confirming a downtrend on 4H chart
So tomorrow we have some high impact news coming USD's way, there is a good chance that for a short period of time we can take advantage of the bearish power and make a very successful short trade, it could be a 20-30 pips trade. As TA goes, it made a double top, two lower highs, and its giving a selling signal.