Evening Traders, Today’s analysis - EURNZD- trading towards Local S/R where a bounce is probable, Points to consider, - Price Action Impulsive - Local S/R Support (.618 Fibonacci & 200 MA confluence) - Swing High Objective - Oscillators Bullish Control Zones EURNZD’s immediate price action is impulsive towards Local S/R that has technical confluence with...
Evening traders, Today’s analysis – GBPUSD- reclaim of Local S/R after an impulse sell, showing strength in the immediate short term. Points to consider, - Price Action Impulse - Local S/R Support (.382 Fibonacci) - Liquidity Block Respected - Oscillators Neutral - Volume Climax Evident GBPUSD’s immediate price action is impulsive from its respected liquidity...
Evening Traders, Today’s Analysis – CADJPY – trading at Range-Mid where a bearish retest is probable, confirming a potential right shoulder of a H&S pattern. Points to consider, - Bearish Price Action - Daily S/R Resistance - Range Mid Resistance (.50 Fibonacci Confluence) - Volume Below Average CADJPY’s immediate price action is bearish under range-mid;...