AUDNZD is heading down. It has already created a new resistance and has some slight bullish retracement on lower TF to give. I am waiting on the break of the Daily ascending trendline and then a possible retest of the trendline for the drop. 3.8:1 Trade..
GBPCHF is retesting an area that I am quite familar with... I can see the retest and push up. Patience !!
GBPJPY retested the previous supply area all last week and it took off for a nice buy to start this week. I see a slight drop before it continues the uptrend. It's definitely in O/B territory.
GBPUSD is nearing Daily Trenline.. waiting for a possible breakout out and maybe a retest to confirm buy. Waiting patiently for move.
USDJPY had the bears swarming Early New York . I’m seeing a reversal and a slight move up. Let’s see.
CADJPY seems to be heading toward DEMAND area.. I’m looking for it to return there and form some support to go for the buy.
GBPJPY has been selling for the past week. It is currently returning to Supply Area.. where I expect a drop back down. WAITING!
11/22/23 Indices and ofcourse SPX simply took a dive and turned around & jumped up. We do have red folders on USD @ 9:45 this morning so that could affect later. I do see a potential drop down for a retest and shootup.
SPX500 is moving toward a weekly zone .. looking for it to break the some moving down & to continue with bearish momentum.
Waiting for UJ to keep pushing up & make a new high…simply wait for a retest & a rattle down.
AUDUSD seemed to be setting up the sell but the market had another thing in mind.. if we get the BOS and the push up which the fib is already somewhat invalid, we just need a strong close. We will be looking for a bullish move.
It seems as EURCAD is forming a bearish flag... waiting on the pull back to the P4 area and then waiting on the break of trendline. Retest first and wait for the drop and to complete the pattern.