EURUSD to hit demand zone and retest back up to supply aiming 20 pip tp and swing for 1.1117 COMMENT YOU'RE THOUGHTS BELOW
4HR Downtrend Current price to hit my demand level at around 2960 level and retest back up to supply level.
EURUSD Potential sell. Pair has been consolidating since November, last week the market closed in a bearish manner indicating bearish movement in the market due to the news, price may come down towards 1.128 and a retest back up to 1.3000 hoping that price would maintain below 1.13 before placing a selll!
AUDUSD Potential sell. Daily timeframe has formed a extremely bearish candlestick last week indicating that there could be a bearish push. However we could expect it to form a bullish daily closer up towards the resistance at 0.7150 before price breaks and comes down towards 0.7050-0.6900
GBPAUD Potential BUY: Bulls kick in breaking the trend at 1.825 with a bullish pin! Hoping to see bullish price movement towards 1.8500 forming a double top! Supported by upwards trendline and MA
AUDUSD potential sell. Potential bearish price movement towards 1.70 AUD/USD slips to five weeks low after RBA'S SoMP revised lower GDP forecasts.
GBPUSD potential buy, bearish candle has hit the support line Possible bullish bounce towards 1.8030- 1.82600 following the trend, supported by moving average,Support and resistance confimation and upwards trend.
EURJPY Potential sell. Has formed a bullish candlestick coming out consolidation zone and has now come back into the zone hoping to see bullish movement price towards the support line 124.30 and 124.00. Supported by downwards sloping moving average. FXSTREET Trend index (bearish)
USDCHF POTENTIAL BUY: Looking at 1 hour interval, Possible bullish price movement towards the resistance at 0.9975 Support by RSI divergence was below 40
GBPUSD Potential buy looking @ 4hr interval, Possible bullish price movement towards the resistance line (B) around 1.2930 - 1.3001 following the upward trend. Has already hit 1.3001 once on the 17th of January just touching the zone and retest back down hitting support line(A) at 1.2831. However if US Dollar continues to strengthen we may expect a retest.
GBPUSD Potential buy: Interval @ 15min Possible bullish price movement towards the resistance 1.2879 and then could potentially see a drop hitting support line after May's speech...
EURUSD Potential sell: Downward trend Possible bearish price movement towards the support line at 1.1353. Also supported by new, German PPI declined by 0.4% the first decline since February 2018. EURUSD started the trading week with small gains.. FXSTREET Index (bearish trend)