Edion_C

Edion_C

If this is a flag I would still wait for a close above 0.7320 before going long. A break below would target support (black dotted line)

Edion_C

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Edion_C

EURUSD looks like its trying to close above former support (blue line). The ECB monetary policy meeting minutes are being released today and Final CPI previous 0.2% expected 0.2%. Final core CPI previous 0.9% expected 0.9%.

Edion_C

The distance between the top and the neckline is about 170 pips so a break of the neckline would bring price to support around 0.7000

Edion_C Updated 

waiting retest

Edion_C

AUDUSD is testing resistance of a descending channel. With a daily close above this and retest price could go to 0.7820 is first target and 0.80 is second. It would take a close below the blue trendline before I would consider a short

Edion_C

waiting for a close above 0.7220 for a buy or a close below trendline and retest to sell

Edion_C

NZDUSD broke down below support of an ascending channel and then retested the support trendline with just a touch. Which validates the trendline as new resistance. US retail figures are being released today a weak reading would help push price back to the trendline so I am waiting to see if it holds. Better than expected would quickly push price to 0.7100 Retail...

Edion_C

sell on a break of red dotted trendline

Edion_C Updated 

NZDJPY has broken out of a descending channel and is now testing the former resistance trendline of the channel

Edion_C

A possible short for USDCAD would be a break of the blue trendline. I would wait for a break of resistance (red line) of the wedge pattern from the daily chart to go long.

Edion_C

NZDUSD is currently finding support at the lower trendline of an ascending channel but with the RBNZ expected to cut rates tonight shorting the pair makes more sense, but there is always the risk they disappoint. Next support is at 0.7150 resistance is at 0.7250

Edion_C

USDCAD back inside the wedge pattern from the daily chart. Yesterday price stalled at the resistance trendline of the wedge before closing below it, Which shows that this trendline is still relevant. Preferably a retest of this trendline would offer a more favorable short but an hourly close below 1.3050 may have to do. Crude oil inventories are being released...

Edion_C

AUDUSD getting closer to resistance of descending channel on the weekly chart

Edion_C Updated 

EURJPY making a bullish move the next hour will tell if it can hold.

Edion_C Updated 

possible head and shoulder

Edion_C

Nice descending channel

Edion_C

EURJPY looking to make another break of the descending channel