Gareth_Roberts

Gareth_Roberts

I believe the AUDCAD has formed a Bearish Wedge pattern as seen here on the 4hr Chart. Wave E should reach the top off the upper wedge, but as is with a lot of wedge patterns, this is not always the case. It could go just above the upper edge of the wedge before falling, or even half way up to the upper edge of the wedge before falling. This is why I would wait...

Gareth_Roberts

The AUDUSD pair have formed a Bearish wedge, also with bearish Divergence showing on the RSI.

Gareth_Roberts Updated 

The EURAUD pair have completed a Bullish Cypher pattern at 1.4662. It also finished completion at support, as well as the lower edge of the price channel.

Gareth_Roberts Updated 

If we take a look at the NZDCHF pair on a weekly time frame, we can see how many time's the pair have bounced off this area of support and resistance, and we are now at this area again. I am short this pair, entering on a 15 min chart.

Gareth_Roberts

Finally it would appear we have lift off on the AUDNZD pair. We can see the pair were in a huge Bullish wedge pattern, and after the break out of the wedge, the pair have retested the outer edge of the Wedge and now look like it has started a new Bullish trend.

Gareth_Roberts

On the daily time frame we can see the NZDUSD have formed a wedge pattern (larger than I earlier realised). If we also look we can see bearish divergence. I have entered short again on this pair.

Gareth_Roberts

If we look at the NZDUSD chart, we can see a spike up through the edge of Bearish wedge, before being rejected. This should lead to another Bearish impulse move lower.

Gareth_Roberts

EURJPY pair looks as if it might retest support at 114.658 before moving up to retest resistance around the 118.377 area. I will look to buy off of support.

Gareth_Roberts

AUDNZD is at support, with Bullish Divergence. I am currently buying this pair.

Gareth_Roberts

The GBPCHF pair have formed a Bearish wedge with divergence on STOCH, RSI & MACD. Wave counters will also see it has completed a 1-2-3-4-5 bearish setup. Wait for break and close below lower wedge channel.

Gareth_Roberts

EURJPY has broken out of its range, and now sits on support. I am currently long on this pair from support.

Gareth_Roberts

USDMXN appears to have formed a Bearish Flag pattern (consolidation). This should mean that another bearish impulse lower.

Gareth_Roberts

EURNZD Bearish Cypher Setting up on the 1 Hr chart. The 78.6 completes around the 1.5587 area

Gareth_Roberts

AUDUSD Bearish Wedge setting up. If we look at the points of contact so far, it has touched the inner edge of the wedge 4 time's. For this set up to complete, it need's to touch the inner edge one more time before selling.

Gareth_Roberts

The GBPNZD pair have broken through the trend line, and has been consolidating ready for another possible impulse move up. Wait for break above, close above before entering.

Gareth_Roberts

Break out below channel, and more consolidation before impulsive move lower.

Gareth_Roberts

Possible Expanding Wedge setting up on the EURJPY. If this is correct and it does reach the "e" part of the expanding wedge, then look for entries to sell.

Gareth_Roberts

It looks like the Dollar index DXY looks to be bouncing off the bottom of the channel that has formed. Maybe on more push to the top of the channel.