Crude oil seems to be going up - basis break of the trendline have gone for a long trade
NAS 100 long trade, rising trendline, sl below the last low on 15 mins, targeting 1 hr high
GBPJPY is in an uptrend and has currently halted testing the resistance level for the 3rd time on the 4 hr tf (156.7-156.9). Expect a breakout and continuation to 157.5
USDJPY longs are likely, bouncing of a daily trendline + support
GBPCAD seems to be in a downtrend and anticipate continuation
Gold seems to be continuing the uptrend and pushing higher
GBPJPY is on a daily downtrend but has gained support around 148.75, expect a bounce to 152.5 levels
Have taken this long trade on NZDJPY. its on a 4 hr support on a pullback after a downtrend on the daily.
BTC is in a clear downtrend however its volatility ensures a sort of yoyoing price action. Can see a retest of the resistance around 54k then possibly a short continuation
EURCAD is in a daily downtrend but currently looks to be pullback to around 1.48350. If a long is taken RRR should be good
USDCHF is on a weekly uptrend but a longer term downtrend, i see a pullback to 0.91500 and then a possible long to test the downtrend line around 0.92500
GBPAUD bounced of both the daily and weekly trendlines and looks quite bullish. It may retest the trendline but the probability of going up without another retest looks better
Gold bounced from the weekly trendline (black), expect a move downward to test the trendline again and then possible longs to 1830
AUDJPY is in a daily uptrend and bounced from the trendline. Assume a pullback to the trendline as currently seems like its in a double top. The RRR is 1:5 which if it works out is pretty good
EURAUD is on a daily uptrend within a longer term downtrend. Believe there will be a test of the resistance before resuming the downtrend along the trendline
GBPNZD seems to have reached the daily resistance , possible short continuation but first might bounce of 4 hr support and create a daily double top
Cad jpy is on an uptrend, looking for a retest of support on 4 hr before going long
EURCAD Short trade idea basis trend analysis EURCAD Short trade idea basis trend analysis