DebeerF

DebeerF

The way I read this pair it could give us a possible (Scenario 1) {Short term downside and long term upside} or (Scenario 2) [Long term downside followed by long term upside} Will watch how the structure closely over the next few weeks for confirmation signs.

DebeerF

The following two weeks will show where the USD/CAD pair is truly going. The upside thus far have been very corrective which is always a sign of a coming bearish movement. Having said that it did brake through the down trend line which could always be interpreted as a sign of more upside. Either way in either scenario the pair could provide a good opportunity.

DebeerF Updated 

If USDJPY does not break out of the trend line then it might be good to short back to the demand zone. On the 4H chart there is a nice rejection and bearish candle. If it goes look for a flag or pullback then short

DebeerF Updated 

EURAUD still seems to comply with the down trend. there is resistance at 1.4655 and might also provide a short opportunity.

DebeerF

Ok so the pair broke to the top but their might be a second chance,

DebeerF

I'm not sure of this but seems EURGBP might have formed a new trend line for the downside.

DebeerF

If resistance at 1.5000 is not broken we will in affect have a double top and maybe a short opportunity to 0.50%

DebeerF Updated 

EURUAD had a strong Impulse going up. If the pair can manage to retrace close to 0.50% I will open a buy position just because I feel there could be more upside in this pair. If it creates a support at current level I will still be looking to buy in after watching price action

DebeerF Updated 

Good Short Opportunity in the Highlighted Zone