Weekly Watchlist: January 14 - 18, 2019

DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".

PAIR: EUR/USD
ANALYSIS:Bearish trendline broken. 1.154 S/R area being respected, but also price crossed over daily 50EMA. Looking for retest and break of 1.154 area.
BIAS:Bullish

PAIR: AUD/CAD
ANALYSIS: Last swing high on December 03, 2018. Bearish movement after that but no lower low formed. Low swing to .94500 area and rejected. Price crossing over Daily 50EMA and sitting at .95700. No new higher high. Thus forming a wedge. I will wait for breakout before trading.
BIAS: Bullish

PAIR: EUR/GBP
ANALYSIS: Price finally broke out of the .90906 and .89500 range it was in. Also crossing 50EMA. I will wait for a .89500 zone retest before shorting.
BIAS: Short

PAIR: USD/CAD
ANALYSIS: So this pair broke 1.33400 S/R level and also daily 50EMA. I will also wait for a clear rejection of daily 50EMA and 1.33400 before shorting.
BIAS: Short

PAIR: GBP/USD
ANALYSIS: Price breaking bearish trendline, 1.27100 S/R level, and crossing daily 50EMA. Will wait for retest and rejection before going in long
BIAS: Long.