POSITIVE BREXIT NEWS LET THE GBP PAIRS FLY:
Technichal I expect a move to the upside around 1.85500 at first (TP1) before a continuation to the big Resistance Zone at 1.87000.
Fundamental we see a very weak AUD and a GBP that is rallying because positive Brexit-News.
EUR NZD is in a strong uptrend for nearly 3 months now.
Nice Daily closure above our main resistance level at 1.75500-1.760000.
Expecting a move to 1.77000 first, then a pullback and after that the continuation to the upside to our strong resistance zone at 1.80000
EUR AUD is sitting at our resistance zone around 1.63000 at the moment!
BIG Potential to form a Head and Shoulders formation, if we break the resistance!
When resistance is broken you can enter long positions up to the 1.6430 Key-Level.
Will we finally see a correction of the bull run since August?
AUD and NZD the two weakest currencies at the moment, in a bull run without any correction for over 1.5 months!
1.0830-1.0860 is a strong resistance for this level. If we continue up we could see a move up to the daily trendline and resistance around 1.10000
Expecting a correction this week to our...
This pair is moving to a very strong Daily Support Zone.
AUD is very weak at the moment and the CAD relatively strong.
We take again the support and see a move upwards again.
Or in my eyes the move with the higher probability:
We see a break and retest of the support level to enter some nice short positions with a great Risk to Reward.
This pair is ranging now for 1 Month, I expect some CAD strength in the next time and maybe this pair is able to make new yearly lows.
But at first I expect a move around 100 Pips down to support again!
AUD pairs run a bit slower but that should most of you know!
Also nice Wick Rejection at our resistance!
SL is Placed over the highest wick about 15 Pips.