EU is in a no trade zone for me until price either breaks above 1.0618 for longs or falls below 1.0557 for shorts. lets keep an eye on this pair and see what happens.
AUDUSD had a impulse sell off Thursday after the news release and on friday price just kinda went sideways so next week Im looking for price to make a pull back then continue its down trend movement. Now if you look on the 4hr TF price is sitting on a previous support zone so we gonna have to watch this pair closely to see if price will have the volume it needs to...
If EU breaks and closes below 1.0488 we could see price make a new low but if prices finds support at that same level price could go back up and retest previous highs. So for EU im bullish and bearish we just have to wait and see what price does and then we gonna follow the money.
This pair is looking to change direction but im not going to look for long entries until price breaks above 1.0770 thats my conformation that a new trend is in effect.
This is real simple and clean just looking for price to continue its bullish movement and push its way to reach previous structure high
AUDUSD is currently trending downward as you can tell forming text book structure now can AUDUSD continue moving in this simple and easy to follow trend pattern if so i will continue to short this pair as far as it lets me. Price has already fallen for the last 3hrs so now im waiting for the pull back and from there i will be executing my short entries.
On the hourly TF this pair is in a down trend and currently on a uptrend pull back i dont want to see price break 1.4587 level if price falls below 1.4573 we cant expect price to continue back in its down trend motion and retest 1.4527 area.
ON EG price is in a nice down trend and has now made a pull back to the 50% fib level and retested .8549 level now from there Im looking for price to reverse and head back in the direction of the trend and make a new lower low.
ON NU we have clear down structure with a previous pull back so now im looking for the down trend to continue to make a lower low so lets see what happens...
Looking for price to form that LL on the 4hr so that i know price is going back to the downside
Just looking for some clean structure to form to show me that price will continue to the down side
The dollar is so weak right now but it finds strength to beat up on JPY I dont think its gonna last long so Im looking for price to reverse at the 61.85 FIB or the 78.60 fib level im keeping a close eye in this pair while anticipating the short move
AUDUSD Im currently waiting for it to break structure and retest so that I can take a short entry and from there I would like to see price reach .6475 now once price reaches that level price will either do (A) pull back and continue to reach for new highs or (B) reach for new daily lows
The USD seems to be weak across all pairs but if the dollar can find some strength this is how I would like to see GBPUSD play out
USDCAD has been consolidating for 5 days now Im just gonna keep an eye on it and watch for the break out Im expecting a bullish B/O but with trading you have to be ready for what ever the markets throws at you so ill be ready either way bullish or bearish.
USDCHF is currently in a bullish trend now I have 2 situations that can play out on the chart but either way we going up I wanna see price reach .9145
NZDJPY seems to be making a recovery I would like to see a minor pull back and then a bounce back to the upside and hopefully price can reach 87.29 level
Lets see if we cant get a bounce off of.9062 and have a bullish continuation to the upside the dollar has been pretty weak today so we'll just have to see how the markets will play out