EURNZD 4HPrice broke its CTL, now watching for a potential retest for a continuation down to make a new low
Lowerlow
USDJPY 60Price respecting its downtrend, making lower lows & lower highs. Lower high completed, now previous support now resistance.. We could see a new lower low down at daily support
GBPAUD 4HNice potential short this week, double top at strong resistance. Now will be looking for a break of that trendline for potential shorts down to recent lows or a new lower low..
AUDJPY 4HPotential short coming soon, price below daily resistance & respecting its downtrend line, now making lower lows & lower highs.. A new potential lower low to 86.9 daily support potential
GBPAUD 4HPrevious support now resistance, looks like we may get a continuation of price's downtrend & a new potential lower low..
GBPNZD DAILYPrice is in a clean downtrend.. 600 Pip move since the last double top after its channel breakout. Lets see if price can make its way back to the bottom
EURNZD 4H4 hour candle close breakout confirmed, now looking for shorts down to the next area of support..
GBPCAD 4HPrice now back at resistance & trendline resistance. Looks like me may be heading back down shortly ..
USDCHF 4HWatching for a break & retest for a potential new lower low. Price is under daily resistance now after making its pullback up to make another touch to its descending trendline, ready for another wave down ..
GBPAUD 4HPrice is stalling, trying to build back some momentum sitting between daily resistance & weekly support, waiting for a break below for a continuation of price's downtrend..
DXY DAILYPrice is now testing resistance neckline of the head & shoulders pattern, creating a (lower high), Will price make its to 91 to create a lower low?!
GBPJPY DAILYYen bringing back some very strong momentum, next downside target would be 150.000 weekly support.
EURAUD DAILYPrice looks to have broke its trendline to the downside confirmed.. Moving averages are looking to cross to the downside, & we may see a strong move coming shortly, watching for a potential retest or flag pattern to form for potential shorts
USDCAD DAILYPrice on a strong level of daily support / fibonacci support, may get a retest of broken consolidation or to the 38.2 fibonacci level before a lower low..
GBPAUD 4HPrice making its 3rd touch to its downtrend line. Lower high completed as well as 61.8 retracement, now looking for a lower low to form. Price is at consolidation resistance, looks like it may be ready to short during the next 4 hour candle. Aggressive traders can take this if the candle closes below 1.73000 & conservative traders can wait for a break out of consolidation..
USDCAD DAILYJust an idea here before all the high impact news tomorrow for both these currencies, still looking for a potential retest to 1.26600 broken daily support turning into resistance, after breaking out of its consolidation range a retest never took place. Then we can see a continuation down to make a lower low. Lets see how it goes this should be interesting..
EURNZD DAILYPrice made a double top at daily resistance, & price is forming a bearish flag pattern after breaking its uptrend now making lower lows & lower highs.. Lower high complete, now looking for another potential lower low : ) Lets see if we can get a completion of the head on shoulders pattern!
GBPAUD 4HPrice getting ready to complete its 5th wave down to the next level of daily support, where at that point I will look for a potential reversal. Price came back for a bit deeper of a retracement & is now rejecting a strong level of daily resistance / the 50% fibonacci zone.
USDCAD DAILYFinally price broke out of consolidation thats been going on with this pair for some time now.. Now I am looking for an entry on the retest of broken daily support at 1.26600 (Retest) before price continues back lower to create new lows !
GBPAUD 4H38.2% Fibonacci holding as potential resistance, now watching for a break of the CTL on the 60 min time frame for potential shorts down to the next level of daily support
Dollar Index (DXY)Price breaking below its head & shoulders neckline, a daily close below will send this pair to the 91.30 ish area ...
AUDNZD 4HPrice failed to break above daily resistance on the daily close, now breaking my counter trendline to the downside.. I will be watching for a 4 hour close below for potential shorts
USDJPY 4HPrice broke its uptrend line with a strong bearish engulfing candle, price now looking to head down to next area of daily support 112.000
