Long-term probability H&S pattern on AUDUSD, one for the swing traders, psychology tester.
Interesting probability on Tesla, an increase in value before the post their earnings later this week?
Inverse head and shoulders probability on the yellow metal, targeting the range high.
After last weeks impulse I see price correcting last weeks move and continuing its short momentum.
Still monitoring DXY closely price still trading within the descending channel structure not rushing the next move after Powell stated there is more room to hike this year in the conclusion of his speech.
DXY trading within a descending channel could we get a bullish breakout with the FOMC statement on the horizon?
Intraday move on Dxy, eyeing 50% Fibonacci retracement level. Dxy is trading rather flat four a couple of days, FED decision this week will be big for the markets this week.
Dollar has been trading in a ranging market and is currently trading at a support zone. Powell speech today dollar strength maybe??
Bearish correction with breakdown of structure executing sells at current price looking to continue eating of the dollars strength going forward, fundemantals coming out of the UK currently not supporting the economy's current situation.
Sell probability bearish pinbar confirmed on Gold back down towards 1818-1750 regions, key buy level supports approaching as well but for now the bears are in control.
EURCAD bullish idea if resistance broken and a confirmed retest of structure is confirmed, if the resistance holds firmly we can therefore look for selling opportunities to the downside.
Update on GBPCHF still seems bullish since my last post, I have been patient with this trade and a signal has shown itself a buy towards 50% (blue lines) and 618% (dashed lines) fib retracement levels seems very likely be patient and wait for a breakout and retest of broken out structure before executing a trade.
GBPCHF has hit the daily 618 fib retracement level and has given us a clear rejection looking to go long towards previous highs with this pair
Gold looking increasingly bullish when a breakout of 1800.00 resistance is confirmed.
Gold currently stalling at daily resistance trend line could we expect a reversal at this point or will the Bulls continue their run?
Expecting a bullish outcome this week.
Waiting for signs of continuation if not a retest could be preferred and move with the market from there.