EURGBP , overcame the resistance red line drawn at the 0.7645. But that doesn't it is still long , require a couple of bounces before ensure it is long setup bias.
After hitting the support level at 1.5367, the bounce back to the long bias setup will be weaken, as such the short position will have more downside to come. Regardless of this, the support level has been badly hit for the past few weeks and there will be no turning back to bullish sentiment any time from now for the next couple of days.
Depends on the direction it will move, whether rebounded from the red resistance line or cross over, this will confirm the next direction for EURGBP. **Remember to adopt Risk/Reward money management when entering the trade.
GE is waiting for more confirmation on directional basis , be it a bullish or bearish candlesticks to confirm the existing trend.
EURCAD, downtrend to be resume and turning the next support to resistance level soon/
Let's see if demand controlling area is at work to push up this pair. The next resistance to hit 1.0766 if sucessful breakthrough to go higher.
Is this the high momentum setup for AUDNZD which has been hovering to go higher from here and get to the next resistance level of 1.0808 ?
EURCAD, more downside and will be hitting the next support level sooner than later.
AUDJPY, looking set for long bias setup, it may retract abit but overall the bullish bias is about to happen for this pair.
AUDUSD, based on the 1 hr , looks good for the bullish reversal to mark a new trend into the bullish zone. First resistance to break, the blue line followed by the red line.
CADJPY, long bias setup, bounce from the support level to markup further higher.
EURUSD, looking at the 4H time frame, will be looking at whether the breakout or breakdown will happen.
Looking at the Daily Chart, Long term position for EURCAD looking more obvious but the trendline to be broken should take note will be above 1.48.
EURCAD, looking for direction , more on upside bias after it has been supported well at the range of 1.4550 to 1.4660
USDCAD, more upside from here to go long with risk/reward being applied on the trade itself.
CADCHF , another attempt to break the resistance level , this could be up wave from here and once broken, will test those resistance levels along the way.
AUDJPY, on the 1H chart, looks good on breakout but will it go up further to touch the next resistance level ? I would think so.
breaking the upper or lower trendline and close with a candle stick will provide the clear picture of the direction this pair will go.