XAUUSD is at an interesting level of support on the Daily chart,
we can see that gold was previously in a uptrend whereafter
price moved lower after testing major resistance and made a
lower low
We can say that gold is no longer in a uptrend on the daily chart
and expect gold to be trading in a range between it's previous
Daily swing levels untill a new...
USDJPY was previous in a uptrend for a while untill
price broke lower but a downtrend was not confirmed,
price stopped making lower lows and usdjpy started
trading within a range in between it's previous swing levels
Price have been trading higher within the range
and higher high/lows are made, the top of the range
would be an interesting place to look for...
AUDCAD is in a Weekly downtrend and after
a push down it started making higher lows,
which tells us that price is now ranging and
is trading between its previous swing levels,
we can see that price looks to make a head&shoulders pattern
On the Daily we see a possible double bottom
being formed and on the second half we can
see that price starts to stall...
