EURAUD: Bearish Outlook Explained 🇪🇺🇦🇺
There is a high chance that EURAUD will continue falling next week.
A bearish breakout of a support line of a rising wedge pattern
suggests a strong bearish sentiment.
Expect a fall at least to 1.765
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GBPUSD: Breakout & Important Supply Zone 🇬🇧🇺🇸
GBPUSD broke and closed below a key horizontal support.
The broken structure and a falling trend line compose a significant
supply zone now.
I will look for selling from there, expecting a bearish movement
to 1.3024 support.
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NZDCHF: Bearish Trend Continues 🇳🇿🇨🇭
NZDCHF is trading in a long-term bearish trend.
A yesterday's breakout of a key daily support cluster
and a formation of a new lower low lower close suggest
a strong selling pressure.
The price is steadily recovering today, retesting a broken structure.
With a high probability, another bearish wave will start from that.
Next goal will be 0.4455
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NZDUSD: Bearish Trend Continues! 🇺🇸🇳🇿
NZDUSD will most likely continue falling next week,
following a confirmed breakout of a support line of a bearish flag pattern
on a daily time frame.
I will expect a bearish continuation at least to 0.5685 level.
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NZDUSD: Bearish Wave is Coming 🇳🇿🇺🇸
NZDUSD broke a significant daily support cluster last week.
The broken structure turned into a major supply zone from
where I will expect another bearish wave.
With a high probability, the price will drop way lower to 0.57 psychological level
after a completion of a correction.
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USDCAD: More Growth Expected Next Week 🇺🇸🇨🇦
USDCAD will likely grow more next week, retesting a recently
broken daily horizontal resistance, that turned into a support after a breakout.
The next strong resistance is 1.397 - it will most likely be the next goal for the buyers.
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EURJPY: Road It 175.0 🇪🇺🇯🇵
EURJPY broke and closed above a key daily resistance cluster.
With a confirmed Break of Structure, the price set a new higher high higher close.
I think that the market will rise more.
Next goal - 175.0
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CHFJPY: To The New Highs 🇨🇭🇯🇵
CHFJPY has recently broken and closed above a major daily resistance.
As I predicted earlier, the price managed to reach 187.0 psychological level
after a retest of the underlined area.
Watching how strong is a bullish pressure today, I think that there will be a high
chance to see a further bullish continuation.
The next strong resistance is 188.0.
It will be the next goal for the buyers.
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CHFJPY: Strong Bullish Pattern 🇨🇭🇯🇵
CHFJPY is currently updating the All-Time High, breaking
a neckline of a cup & handle pattern.
Looks like an uptrend is going to continue.
Next resistance - 186.85
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CHFJPY: Bullish Accumulation is Over 🇨🇭🇯🇵
It looks like CHFJPY finally completed a bullish accumulation
within a horizontal range on a daily.
Its resistance breakout and a formation of a new local higher
high higher close is an important event.
I believe that the market will grow more and reach 185.4 level soon.
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EURCHF: Move Up Ahead?! 🇪🇺🇨🇭
I see a strong bullish pattern on EURCHF on a daily:
the price broke and closed above a resistance line of a bullish
flag pattern after a test of a critical demand zone.
With a high probability, growth will continue soon.
Next resistance - 0.9393
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NZDJPY: Another Bullish Wave Ahead?! 🇳🇿🇯🇵
NZDJPY violated a significant daily resistance cluster last week.
The broken structure and a rising trend line compose a
contracting demand zone now.
That will be the area from where I will anticipate a bullish movement.
Next resistance - 89.0
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NZDUSD: Important Breakout 🇳🇿🇺🇸
NZDUSD looks bearish after a false violation of a current daily structure high.
The price dropped with a high momentum bearish candle, violating
a significant support cluster and closing below that.
The pair may fall even more.
Next support - 0.5952
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USDCHF: Bearish Wave Ahead 🇺🇸🇨🇭
Quick update for USDCHF.
Earlier on Monday, I shared a bearish forecast based on a
confirmed violation of a neckline of a head and shoulders pattern on a daily.
We got quite a deep retest of that and bears finally showed their presence.
I remain bearish bias and expect a bearish continuation soon.
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NZDJPY: Bullish Wave is Coming 🇳🇿🇯🇵
I have a strong feeling that NZDJPY will resume growth soon.
A neckline breakout of an inverted head & shoulders pattern
provides a strong swing confirmation.
The pair may reach at least 87.0 level soon.
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NZDCAD: Bullish Forecast Explained 🇳🇿🇨🇦
I see a nice inverted head & shoulders pattern on NZDCAD
on a daily time frame.
Its neckline was broken on Thursday last week with a high momentum bearish candle.
Probabilities will be high that the price will rise after its retest.
Goal - 0.82
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NZDJPY: Change of Character Confirmed?! 🇳🇿🇯🇵
NZDJPY confirms a bullish reversal on a daily.
The price violated both the resistance lines of a falling channel
and a horizontal range.
Bullish breakout of the underlined blue resistance also is a valid
Change of Character.
The market may go much higher soon.
Next resistance - 89.75
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NZDCAD: Important Bearish Breakout 🇳🇿🇨🇦
NZDCAD broke and closed below a key daily horizontal support.
The broken structure turned into a strong resistance now.
Taking into consideration the fact that the pair is trading
in a strong bearish trend since the end of September,
we can expect its continuation.
Next support - 0.507
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NZDCAD: Bearish Movement in Channel 🇳🇿🇨🇦
NZDCAD is trading within a wide falling channel on a daily.
After a test its resistance, the price formed a head & shoulders pattern on that.
Breakout of the neckline of the pattern indicates a highly probable bearish continuation
within the channel.
Goal - 0.8161
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