FX:USDCAD The current structural level was broken on the 1-hour time frame. We also have liquidity underneath the .618, and bearish divergence on the 4-hour time frame making the .786 a level of interest. Price could also reject at the lows to create a higher high. Let's see how it plays out from here.
FX:EURAUD This pair created a nice impulse before pulling back. Let's see if this area will proof to be valid support.
FX:AUDCAD This pair took us on a ride last week. I took a sell thinking the structural level of support was broken but price reached back and smacked me. I missed a detail on daily time frame, price is still trading within range and the breakout was false. Let's see if price rejects at here to retest the highs.
FX:AUDUSD This pair created a downward impulse but failed to brake the lows. Price also left a double top at the highs on the 1 hr time frame. If this area is retested let's see if price will reject or make a higher high.
FX:GBPUSD Price traveled in range for a while on this pair but the last impulse to the downside broke a structural level of support on the 4 hr time frame. After the break of structure price retested it with a wick and it's falling baby!!! Let's see how long the bears will be in control
FX:EURGBP Price just broke above a major resistance level on the 1 hr time frame. If the bullish momentum is strong enough when this area is retested price should reject.
FX:AUDJPY This pair gave us a nice move to the down side this morning and now it is retesting a support level on the 1 hr time frame. Will this area hold for the buy?
FX:EURJPY This pair pulled back to retest the 0236 level on the Fib. Let's see if this area will prove to be a solid support level or if price will continue the fall
We got into a gold sell this morning. I noticed a zone on the 2 hr time frame that needed to be retested. After hitting this area Gold dropped 60 pips in 2 minutes. Our Tp 1 got hit, let's see how it plays out from here. FOREXCOM:XAUUSD
FX:EURJPY This pair just retested a broken support level. Let's see if price rejects again to continue to the downside.
FX:EURGBP We've been watching this setup for a few weeks. There have been multiple impulses around the .786 and price is now trending underneath it. Let's see if the bears have what is takes to push price down
FX:EURAUD had a nice impulsive move to the upside and it is now creating range on the 30 minute and hour time frame. When you take a look at the 2 hr time frame price created a double top and it is retesting it at this moment. Let's see it price will reject at this area! I dominate trend is the uptrend so I don't think this will be a long term move but here are a...
USDCAD has pulled back to retest the highs where structure was previously broken. On the 30 min time-frame price has fallen beneath a micro structure. We also have news in the Am during the New York trading session. Let's see if the sell holds. FX:USDCAD