NZDUSD is in a clear up trend. We have broken out to the upside. It will be interesting to see how high we go.
Currently, we are slowly moving to the upside in a channel that has not been broken. I am looking for a simple continuation.
Currently, we are at a point where we either breakout to the upside or resistance holds. Either scenario will present trading opportunities. Lets see how it goes.
I am looking for a trend continuation in DJIA US 30. Lets see how it plays out.
USDCAD has made a move just below its current support level. If we get move price action to the downside then I am not interested. If we start to see a reversal with strong movement to the upside, I will be interested around the 1.38600 level. Lets see what happens.
Im looking at EURJPY and it looks like we could possibly test the 119.000 level soon. We have been in a very strong up trend and I expect to see a retracement before testing 119.000.
I like this NZDJPY trade setup. As long as we start to reverse, It looks good for me. I will most likely be entering short if we reverse. Lets see what happens.
EURUSD has stayed under its resistance level of 1.10000. I am waiting for a re-test of the 1.10000 level and depending on price action. I could possibly take a short position.
I am in this EURJPY short position. Just following the trend line. Lets see how it plays out.
The DJIA US 30 is still looking like a selling opportunity. If we start to drop, we have a long way down to go. Lets see how it plays out.
I am happy to be short the DJIA US 30. I cant see any reason to take us much higher. However anything can happen but based on the current world events, I prefer to be short.
I am shorting AUDUSD. We are around the recent highs and it does not appear to want to break higher. Lets see what happens.
I am looking for a small bounce up on GBPNZD, as long as the trend lines are respected, it looks possible. Lets see.
This looks like an interesting setup on NZDCHF. It will be interesting how this one plays out. Let me know your thought's and opinions on this one.