It is clear that this pair is preparing for a minor retracement, very clear on the monthly time fram. This pair wil be heading to 1.05000 critical level. Let us prepare for a very long bearish journey to 2019 with this pair.
EURCHF to complete that head and shoulder pattern at the weekly treadline support, in its bearish move. We expect it to bounce on that treadline and continues its bullish momentum
Gold have been on its bearish move because of that US Dollar strenght for the past weeks. We expect it to continue its bearish move 350 more pips before it retraces to its bullish move after bouncing on that weekly treadline and psychological level support.
It is clear that EURAUD is building a momentum for a bearish move ahead of ECB meeting. It is now at 61.8 fibo level, preparing for a strong bearish move to 127 retracement
DXY -0.02% expected to break above that weekly channel above, with a retest on 90.05 and confirming inverted head and shoulder pattern...then continuation... wait for a retest then go Long up to 100.00
GBPUSD confirmed double tops by that treadline break. Now its preparing for the aggressive treadline strike and continue bearish to the weekly support at 1.36090. SELL short 300 pips target.
GBPAUD broke treadline extending from 2015 and 2016...also notice the cup and handle pattern formed. That is the identical pattern from GBPUSD towards the end of 2017. Also notice how the price retraced from 50 retracemet at 1.70908...bullish trend to be complete at around 1.8700..BUY LONG!
