EURUSD:
- bearish bias this week, after price turned down from Kijun Sen.
- Next questions: will it break below Tenkan at 1,0585? If yes, will it make a lower low? Or else if Tenkan (1,0585) holds in coming weeks, will it be an A-B-C pattern leading to 1,0975-1,1100 zone later in wave 'C'? -> watch the daily chart for clue. That is still Ichimoku neutral / Heikin-Ashi bearish.
EURGBP:
- less pressure on GBP. Price retested Kijun, but turned lower. Chance to continue swing bearish move to 0,8350
EURNOK:
- As expected, it finally turned bearish. Broke a multi-year bullish trend.
- Now we only sell it on spikes to supports.
- Heikin-Ashi shows indecision. Let's see if market retraces to 8,96 or 9,09 bearish supports.
EURSEK:
- From blow up to massive meltdown. (pitty I don't trade this pair).
- Still, Ichimoku setup is neutral, and be careful as price is far below Kijun Sen!
- As Heikin-Ashi clearly shows, consolidation has been going on. This week we have second inside doji candle. From this picture we have a higher probability to go up rather than continue down.
Upper supp/res levels are marked by Tenkan at 9,60 and Kijun at 9,74
EURAUD:
- Bearish Ichimoku and Bearish Heikin-Ashi.
- Price is at critical resistance: 1,3850. If it breaks below on a weekly basis, next target would be 1,30.
EURCAD:
- Bearish bias.
- Testing 1,3840 +/- key resistance zone for 4th time since December. Will it bfinally break? If bears make it, next target will be 1,32, if fails to break, then "W" pattern squeeze could lift it back to 1,4550+
- bearish bias this week, after price turned down from Kijun Sen.
- Next questions: will it break below Tenkan at 1,0585? If yes, will it make a lower low? Or else if Tenkan (1,0585) holds in coming weeks, will it be an A-B-C pattern leading to 1,0975-1,1100 zone later in wave 'C'? -> watch the daily chart for clue. That is still Ichimoku neutral / Heikin-Ashi bearish.
EURGBP:
- less pressure on GBP. Price retested Kijun, but turned lower. Chance to continue swing bearish move to 0,8350
EURNOK:
- As expected, it finally turned bearish. Broke a multi-year bullish trend.
- Now we only sell it on spikes to supports.
- Heikin-Ashi shows indecision. Let's see if market retraces to 8,96 or 9,09 bearish supports.
EURSEK:
- From blow up to massive meltdown. (pitty I don't trade this pair).
- Still, Ichimoku setup is neutral, and be careful as price is far below Kijun Sen!
- As Heikin-Ashi clearly shows, consolidation has been going on. This week we have second inside doji candle. From this picture we have a higher probability to go up rather than continue down.
Upper supp/res levels are marked by Tenkan at 9,60 and Kijun at 9,74
EURAUD:
- Bearish Ichimoku and Bearish Heikin-Ashi.
- Price is at critical resistance: 1,3850. If it breaks below on a weekly basis, next target would be 1,30.
EURCAD:
- Bearish bias.
- Testing 1,3840 +/- key resistance zone for 4th time since December. Will it bfinally break? If bears make it, next target will be 1,32, if fails to break, then "W" pattern squeeze could lift it back to 1,4550+