EURUSD 🇪🇺🇺🇸
The pair has just pulled back from the top trendline. Looking at the Volume and ROC I would go short here in case the bottom trendline is broken and we will be seeing the breakout from he triangle
Price has reached an appropriate height to fulfill the breakout target from the massive pennant earlier this year (shown in blue). Price has now broken downwards from the exit trend and has decisively signaled with breakout volume. RSI has diverged from the September high, and ROC has fallen below the 0 line for the first time since the October...
USDCAD🇺🇸🇨🇦 is bouncing from the support zone. Not surprisingly taking into account the Fed's Chairman Jerome Powell's words that "interest rates would not rise any time soon" (www.investing.com).
Elaborating further from the technical perspective we see that the 10&20 EMA...
GBPUSD 🇬🇧🇺🇸
Looks like the local support level is found. The ROC indicating indecisiveness thus I expect the further slight spike and the pullback from the resistance zone.
AUDNZD🇦🇺🇳🇿
While the price is conquering the Resistance zone we count +74 pips of profit on the long setup. Kumo with the ROC hinting a further incline is quite likely.
CADCHF 🇨🇦🇨🇭 has recently been rejected by the Top Downtrend. Despite of fluctuations the pair is already in the downtrend. As the ROC swing suggesting the pair is going to head downward up to the 0.68315 if the 0.68785 level is broken.
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AUDUSD🇦🇺 🇺🇸 is pulling back after the failed attempt of taking the 0.77335 Resistance. The 50 ma together with the Clouds suggesting the price is gonna try to break the Resistance again in the short-term. Thus , in case the decline will continue I expect the bounce from the strong Uptrend.
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GBPNZD 🇬🇧🇳🇿 has recently been rejected by the Resistance. However , we ain't seeing any bounce from the trendline. Together with the upcoming swing of the ROC I expect an attempt to break to Uptrend.
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Taking a look at BCOUSD 🛢💵 we can notice that the pair managed to stay above the important fib level of 0.236. The slight spike is highly probable here as the ROC is indicating possible swing with the bounce from the 50 ma.
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USD/JPY 🇺🇸🇯🇵 was rejected by the support level and rising. As the pair has been moving within the Descending triangle we shall not expect any steep spikes and I suggest to short from the 103.720 area.
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GBP/CAD🇬🇧🇨🇦 has been moving inside the Upward channel. After the rejection of the price by the Resistance the price is pulling back and if the 50 ma support together with channel's support we can drop. However , I rather expect the price to bounce from either 50 ma or channel's support.
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NZD/USD🇺🇸🇳🇿 has recently bounced from the Uptrend line and 200 ma. If the price manages to break the 0.71705 Resistance level we are heading highly upward to the stronger Resistance level.
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🇬🇧🇺🇸 GBP/USD is pulling back from the Top trendline of the Broadening Wedge. The Upcoming bearish cross of 20&50 ma , together with the possible swing at the ROC suggest that we are likely to see the decline of the price.
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EUR/CHF🇪🇺🇨🇭 After the bounce from the Support the price was rejected by the Resistance for the 3rd time. We have not seen a deep pullback yet , so as the Kumo clouds , together with ROC swing rejection suggest we can have another test of the Resistance. Nevertheless , I do not expect it to be broken even this time so I expect the pullback from the Resistance...
CHF/JPY🇨🇭 🇯🇵 can bounce from the 50 ma and test the Resistance again. However , I expect the price to pullback anyway and decline down to the Key Level of 115.055 as the ROT + to - swing.
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