This currency pair can probably go higher because of the bullish movements that we have seen so far.
Gold faces an important point in the chart, which can lead it to go bullish or bearish, but because of the importance of the Federal Interest Rate Decision on Wednesday, it will probably play around in this vicinity.
There are so many unexpected moves in the market these days that you can not say for sure which way the chart is gonna go. But, as technical analysis and price action suggest, two outcomes are in view for GBPUSD.
If the interest rate decision on 09/21 helps this idea, we will see a great short position on AUDUSD chart.
EURGBP has started a bullish movement and I think it will continue go up in this path, enter with precaution.
AUDJPY may turn to continue its bearish path once again, it all depends on the news in the upcoming day, but here's my analysis...
AUDCAD has been on a downward move for some time now, i think it will continue that path after getting rejected by the resistance line.
US dollars has been on a strong bullish movement lately, and this pair has completed its retrace, I think it's time for a pullback to the top and continuance on the daily bullish movement.
GBPAUD has created a triple bottom, and it is on a bullish daily trend, it may reverse to bullish for a week or two. but if it breaks the bottom line, then it will continue its bearish movement.
The Canadian dollar has been on a bearish trend for quite some time now, so the pairs that end with cad tend to be bullish, but it is reaching its climax, observe the chart and decide when it has confirmed its bullish or bearish movement...
As you can see, GBPJPY is in a bearish trend for now, but the next few days will be decisive for it, it may go down from the daily uptrend, or continue its bullish trend even more.
As you can see, the slow bullish trend has been going on for a while now, it will reach the resistance of the bearish channel and then head for bearish
This currency pair hasn't decided its movement yet, we have to wait for it to either break the trend line and go bullish, or touch the resistance and head for lower for a few weeks more.
Wait for it to touch the resistance of the bearish trend and then enter for short.
USDJPY is on a bullish trend, and we can hope for more bullish movement
As we have seen for a few weeks now, Great Britain Pound has been facing a somehow downtrend, and as the currency's strength indicates, the downward movement will continue until a piece of strong news or a strong support line does its impact, so, keep the bearish movement for now.
This pair will continue its bearish movement, and then give a little pullback to the upper line of the bearish channel, and then continue to drop down even more
AUDCHF Continues Its Bearish Trend but slowly. Look for entrances at resistances.