AUDUSD wait for consolidation to enter short
Price failed to stay below the green zone, which means that this support zone still keeps well. Aggressive traders could enter long based on the trendline; otherwise traders could look for long entries when price breaks yesterday's high.
USDJPY price finally confirms upwards breakout of the resistance, and now it becomes support zone. I'd like to look for long entries no matter it goes up directly or tests support zone before rising.
AUDCHF is about to breaking the neckline which will complete a head pattern. Just wait for a weak candle to confirm the breakout and then look for short entries. First target will be next support zone and fib 50% level.
EURUSD is highly likely to go up and break the resistance. A retracement before breakout is better; otherwise I will wait for breakout confirmation to start looking for long entries.
I'm going to watch to short this pair. It may continue to go down if it can't stand above red resistance zone. Try to find some good entries with reasonable stop loss.
Day chart: Yesterday's big red candle indicates short bias on this pair. Price may keep going down to test 1.6800 support. 4 Hour chart: Wait for a consolidation to see if there is a reasonable stop loss when price breaks yesterday's low.
Day chart: price cannot close above the resistance zone, short trend keeps going. Target will be around 1.2080. 4H chart: Look for short entries only after the upwards trendline is broken. Let's see if price could be resisted by the short-term supply zone.
Day chart: Though the main trend of Gold is still downside, there may be a short-term long opportunity in the coming day. First target will be 1180 resistance. 4 Hour chart: As long as price holds above the short-term support zone (green zone), we will look for long entry after a strong bar completes above 1165 resistance.
GBPUSD is highly likely to test previous low around 1.2. Let's find some possible short entries on lower time frame.
With the horizontal zone and trendline support, price may test 100% extension and next resistance zone very soon.
Waif for price breaking green support zone, then look for short entry after a consolidation.
will see if this could happen after the US election
Look for entry in the blue zone above the resistance
Wait for the bearish candle to confirm this short plan, first target will be around the upwards trendline. More drops may come if trendline is broken.
If AUDJPY could stand above 79.00 support, it is highly likely that price will go up and test downwards trendline and horizontal resistance around 80.80. Look for long entries if 79 support really works.
Though British Pound is weak, Japanese Yen is even weaker. It seems that the SHS bottom is going to complete if there is a strong candle completed above the resistance zone. Look for long entries if a strong candle like this appears.