FxHiru

FxHiru Updated 

In the last few hours we have seen consolidation time in AUDUSD! Also, since the pattern is very high above SMA 50 and 200, I expect a constant touch again, so I confirm that it is advisable to put a short order of 75 pip.

FxHiru Updated 

The EURJPY has been oscillating in a consolidation area for the past two weeks, and considering the cash flow index there is a sharp decrease in volume and on the other hand the pattern is below 200 ma and 50 MA, if the consolidation zone breaks down to 75 pip in a short oder. An easy profit can be made

FxHiru

Over the past 6 weeks, EURUSD has invested heavily in non-commercial traders in the long run, with the bull pattern resuming from 2020-12-28 to 2020-1-30 and the same period 2020-3-16. Shows a very good ABCD pattern and is stable above 200 MA and 50 MA for each period. I am happy to remind you that if the marked location breaks pattern increases, an instant profit...

FxHiru

The reason for coming to this deal is that CADJPY seems to have rejected his daily resistance! However, on closer inspection, the trend line of the bull trend during the 4h period breaks down and the pattern retest again, the 1hr period has a clear head and shoulder pattern, so if the marked area is broken down, a short oder can be added.

FxHiru Updated 

please follow the chart

FxHiru

follow the chart

FxHiru Updated 

Considering the 4 hr time period we can see a clear 200MA rejection, however AUDNZD exists in a very strong downward pattern, so I conclude that the market position is now the LH position, so I have a clear head and holder pattern over the 1 hr period.

FxHiru Updated 

Keep in mind that this could be a somewhat risky deal, however, and it seems clear to me that the 4hr period has broken the uptrend and retested . The commonly used dobule top theory is clear and on the other hand there is an M pattern

FxHiru Updated 

A very clear bull channel was broken in CHFJPY during the 4 hr period Furthermore, the RSI has moved below the overbought level and the MACD has given us a sell signal.

FxHiru Updated 

Fundamental reason According to the 2020-12-01 cot report we can see that there are shorter oders more than long oders in aud , From this we can conclude that aud is weak Technical reason AUDNZD has broken his support over the course of the week, now it has become a resistance and will drop back to the channel's support.