Prices look to be rejecting the top levels of 63 and with some bearishness visible and topping out pattern on daily candles looks like we could head for a down move back to support levels at 60.30
Stay tuned to the channel for more such updates
Golds looking weak after hitting multiple resistances at the 78.6 fib levels on the 4hr chart.
A fall and retest of the moving averages will confirm the short bias and the trend to continue for the medium term.
More to come on the channel!
Euro/Kiwi - Prices look like they are getting exhausted at these levels (within the 61.8 and the 76.8 fibos).Prices seem to be within this range since a few days signalling exhaustion of the prevailing uptrend.
Overall from a weekly and daily perspective we look in a downtrend and hence after receiving a few more bearish candles and MA crossovers to the downside...
GBP/NZD - 2019 Highs for this pair which speaks volumes itself and looking to head even more higher day by day - A small reversal has been from the top hence expecting the price to consolidate here and then push up to the main regions of resistance
Looking for the 2.01 levels as first hit of resistance - with 2.00 being a psychological l will be taking some chips...
GBP/CHF - A Breakout from resistance is seen to have held on and prices have made a quick Monday retracement before making its next leg higher.
Expecting a price jump over this week or the next to the highlighted blue horizontal lines - those will act as my levels of resistance and support in the medium term.
Enjoy the Analysis!!!:+1::smiley:
Similar chart as CAD - CHF :- prices are holding their support regions and respecting key demand zones
Prices have taken a good area of support and held onto it - now heading towards major resistance levels.
A big move upmove followed by an even larger consolidation has resulted in a bullish bias for me.
Awaiting a Nice green candle - prices have respected our stops.
Expecting the upmove in 15-20 Trading Days.