In next few days we expecting decline of pair at least with 300 pips. Analysis is based on 65% technical and 35% fundmental. In next hours probably will see bearish engulfing to 105.70 area.
First test at trading at a higher interval. I'll wait for the price to reach the green or red area before deciding what to do.
EURUSD: Bear Wolf Pattern. Price has reached 127% fibonacci level. Look for reversal candle stick pattern. RSI is over bought. CCI is reversing.
USDJPY: Selling JPY following bad forecast on JPY. Buying USD. JPY Machine Order is forecasted bad.
USOIL: End of Downtrend? Trendline broken. Buying USOIL at cheapest price.
AUDCAD: Selling following good forecast on CAD. SL is ATR.
EURNZD: AO crossed zero. MA going bull. Fibonacci retrecement at 76.4%. Buying above SR level. SL is ATR
EURUSD: Buy at previous AO change. SL is ATR.
EURCAD: AO crossed zero. Expecting to go bullish. SL is ATR. Confluence with 61.8% fibonacci
Idea is based on Elliott wave theory. More info on the chart. Please make sure to check out my previous linked idea to get the bigger picture. good luck
Lets see what happpens this weekend... pretty exciting ..