Here we have AUDUSD working out a correction after testing the .78 Handle last week. A bit of an aggressive sell off happened after the test of .78 but that was not enough to push AUD back into a bearish market. Support at .7720 and resistance at .7755 has us stuck in a range for almost 3 days now. Kind of hard to gauge the dominant beasts during this environment...
It looks like the moves up are getting stronger. I see a slight shift in the market. Maybe a smooth transition to the upside. Prices are edging higher. But we have a bearish channel that has been developing for the past 10+ hours. I want to see if ETH can push another High above 1650.
Doge has been great for me this year. a $600 investment at $0.004 turned to +$4800 in 1 month. Let's see if it can continue to provide profits for us.
Tuesday, Feb 4th was a very bearish day for the JPY. After rallying almost 100 pips I'm looking for a correction trade.
Sellers came in at 1.2765. Bulls have not been able to push back to that level so we're going to join the Bears this morning.
Short because the pair started to form a wedge at resistance. These buyers aren't too convincing.