The EURUSD has been trading between these two points for the last week, a little longer. Keeping an eye on this and waiting for a break.
GBPUSD has been closing at lower highs, indicating the bears may be taking over. It has closed below the 50 and 100 EMA but has yet to close below the 200 EMA. If it does, that may be more confirmation that the bears are definitely in control.
EURUSD on the 4H and even the daily chart is making lower highs. This is indicating weakness and that the bears have taken over. If it begins to make new highs, I would look for a re-test of resistance.
104.000 is a strong support area for the USD/JPY. It has closed below, but came back and closed above. Seems to be holing this HUGE area of support. As the USD is showing strength, looks like this is a good area to buy the USDJPY.
USDCAD is at a pivotal point here at 1.38. It has closed below, but then came back and closed above. These seems to be a HUGE support level and it is looking like the USDCAD will hold this level. May be a good time to buy.
The AUD/USD has a strong resistance at .700 here on the daily chart. Traded it in the past and it continues to be a strong resistance point. All the best and happy trading!
I bought the AUDUSD right around .70000. It held the support really well. If it closes below, I will think differently. However, going into the weekend I will close the position and see how it plays out next week. Pullbacks are expected, but so far so good. All the best!
EURUSD has been trading in this range for quite a bit. Thought there was going to be a break last week, but it ended up coming back down into this range. Watch for a break above or below and then trade accordingly. Happy trading!
1.3200 is a ket point here for the GBPUSD. Watch and see how price reacts and then trade accordingly. All the best!
The USD has been up, causing the AUDUSD to travel lower. It is now approaching a critical spot at .70000. Stay aware and see how it reacts here and trade accordingly. Happy holidays!
EURUSD staying below 1.25000. Can't seem to break and stay above. Going to keep watching this pair very carefully. All the best!
The USD was strong on Friday. However, NZDUSD held the support at .7300. Looks like it will continue trading in this range. All the best.
Waiting for a close below .930 for this pair. Already short, as I've had plenty of confirmation to do so. A close below .930 would be an even bigger opportunity to go short! All the best.
Kept the uptrend and is holding it strong above the 0.7300. I am long on this. All the best!
NZDUSD has gone above and even closed above .73000. However, can't seem to stay above there. Watch for an outbreak above and then go long! All the best.
EURUSD has yet to break and stay above 1.2300. I would wait for a close above to consider going long here! All the best.
As you can see in the chart, it has broken above a few times! Just can't seem to really break above. Maybe this coming up week will be the wee it stays above! All the best.
Strong support at 1.3000 on the USDCAD. Good opportunity to go long, in my opinion. Already closed and held above it on the 4h chart and now it looks like it is going to continue up. All the best!