GBPCAD is in a bearish trend, forming a series of lower highs and lower lows. The price is currently around the bearish trendline. A short position can be considered, with a stop loss placed above the last lower high and a target set at the most recent low.
After completing the bearish flag projection, GBP/AUD appears to be heading towards a retracement. The 4-hour support level, combined with bullish divergence, suggests a potential upward movement in price. Consider buying at the current market price and aiming for the trendline resistance. Place the stop loss below the support area.
The bullish rally of USD/CHF is still intact as the price has broken above point B and closed. Buy at the current market price and ride the trend until point D.
It seems that the bearish trend for EUR/USD has come to an end. The retracement of the CD leg has been completed, and EUR/USD is now sitting on a major weekly support level. Additionally, there is bullish divergence present. A buy stop above the last lower low is recommended to confirm a potential trend reversal.
GBP/CAD is currently at its daily support level, forming a double bottom with bullish divergence, indicating a potential upward price movement. A buy stop order above the breakout of the last lower high is recommended to confirm the price reversal.
USD/CHF has been in a bullish trend. However, a bearish divergence and a break of trendline support indicate a potential retracement in price. Consider selling on a breakout below the last higher low as confirmation of a trend reversal.
GBP/JPY price is showing signs of exhaustion with a bearish divergence forming. A sell opportunity may be considered below the last higher high to confirm a break of structure.
AUD/CHF is at a major support level and showing bullish divergence around this area. A buy position can be considered upon a breakout of the lower high, with a stop-loss placed below the support channel.
CHF/JPY has completed a breakout on the 4H chart with bullish momentum. A buy opportunity can be considered around the retest area and the 0.5 Fibonacci retracement level, with a stop-loss at the last higher low and a target at the current high.
EUR/USD is showing bullish signs. It is currently on a major daily support level, with bullish divergence and a breakout of the bearish trendline, indicating a potential trend reversal. Buying above the previous lower high is recommended for confirmation of the trend reversal.
USD/CAD has been in a bullish trend with no significant price correction over the past 4 weeks. Now, bearish divergence indicates a potential correction. Plan to sell on the breakout of the last higher low for confirmation of a trend reversal.
A rising wedge pattern on USD/JPY, along with bearish divergence, suggests a potential price correction. Plan to sell on the breakout of the last higher low and target profits at the projection line of the rising wedge.
NZD/CAD has broken its lower high and retested it, along with bullish divergence, indicating a possible trend reversal from this point.
AUD/CAD has broken its structure and is now retracing to the golden pocket of the Fibonacci level, forming a lower high. A sell at the current market price is recommended.
GBP/USD is running in a parallel channel. After a price correction, it is now at the lower trend line and its major daily support level. A bullish divergence is a significant indicator, suggesting a potential upward movement in price. A buy is recommended upon the breakout of the lower high for confirmation of a trend reversal.
AUD/CAD is currently in a bullish trend, with the price pulling back to test trend line support while also aligning with the golden pocket on the Fibonacci retracement.
EUR/GBP is at its major weekly support, with bullish divergence indicating potential upward momentum. A buy position is planned above the previous lower high for confirmation of a trend reversal.
AUD/USD is facing resistance at the current price level, with bearish divergence indicating a potential bearish trend. A sell position is planned on the breakout of the higher low for confirmation.