01.04.26 Daily Forecast

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Pairs on Watch -

GBPUSD : Knowing the higher timeframe on the DXY could be short, I am looking for this pair to break above the previous V shape to the left and form a stack of price above the high. If we get this I am open to a risk entry or reduce risk and continue to get long on this pair. If not, and price reacts for a short I will look for an insurance entry and entertain the sells.

EURCAD : This pair is moving in a really nice sequence from the lows so far, with a breakout of the consolidation below with a clear impulsive leg. We now have a base to work with for the longs on the 1H, I will be waiting for price to come back down to the ray line followed by a filter to the 15M for a risk entry long.

NZDUSD : Currently in a live daily limit play on this pair, I will be looking for any lower timeframe scale-ins to ride the momentum of a bearish DXY at the moment. Not too much to add, just staying sharp for any further entries and managing the daily position.

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