GBPAUD - successful breakout of wedge can pull it down further.
It is high possibility AUD strength can be witnessed in coming days/weeks, Which can pull GBPAUD further down.
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CAD/CHF is currently in Rising Wedge Formation.
In a bearish setup.
Look out for Break-Down.
With OIL weakness further to be witnessed, it can drag CAD further into the South Zone.
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$ATEX jumped yesterday appearing to have reached the 2015 highs. Most likely hitting the Triangle "E" target. Failing to break the 56 zones, will eventually pull it back to 34-35 levels to fill the Gap. Form up a base and move north again.
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S&P500 seems to be jumping back again last few days due to FED support. But the sentiments look still weak.
Technically their still looks more room towards 1600 range.
We shall see how it develops.
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EURUSD is in tight symmetrical triangle. Its better to wait for BreakOut or BreakDown and take the trade in that direction.
GBPUSD looks like to be getting ready to jump north.
Weekly appears to be Head and Shoulders patterns and every down-leg is well supported by the uptrend line, giving further cues, bullish momentum is gradually developing.
Watch out for SL zone. However seems to remain Buy in Dips.
#EURUSD Can we expect a top has been formed now. A quick rally this week could be preparing or pricing in for any surprise #NFP. The Gap still remains open. Tight Stops and let it flow South towards H&S Target at (1.0515)
$EURUSD #FOREX $EUR $USD
#GBPAUD - Do we have a Double Top here. Further weakness seems to be there in #GBP Pairs. And #AUD looks to be bottoming out soon.
We may see a drop in this pair in coming days. Watch out for SL (1.9771)
$GBPAUD $GBP $AUD #FOREX
We could see some pop up and sellers would take the control.
Weakness may be expected as it moves up.
1.24-1.28 level could act as the key hurdle for buyers to pop, failure to do so - will push the pair down again and aim for 1.106.
GBPUSD saw a killer uptrend breakout, flushed out all the stops.
Reaching overbought horizon - possibility of touching the breakout zone again - to regain control and develop momentum in order to push higher again.
Have been in triangle continuation pattern, with further up leg possible to be seen.
Watch out for any Brexit Headlines.