I believe we will see a retest of the previous high and continuation next week long as well.
This is my Gold out look. Looking for a break of this key level for continuation long
Looking for some confirmation the Canadian dollar can hold up here. It is likely because the Japanese Yen has been weakkkkkk.
Next sign of a key level is going to be around 14k. The Bitcoin gods are back to bless the coin
Could the dollar make a recovery after last week? Lets see how price reacts at this key level of resistance. It has broken out of the 4HR channel and above a key level. We will need a retest to confirm that the dollar may turn around
If I were to guess I'd say short. The good thing is this is not a guessing game. Lets see how price reacts around this level before making our next entry. Nothing is too clear yet.
Just a beautiful set up. An engulfing candle right after a retracement. Not to mention we have retraced into key levels of the fibb. I like our R/R opportunity for a short 2:1 reward to risk
Hidden bullish divergence on the MACD. That's another reason that we will want to stay long on this pair. Hidden bearish divergence means it should have trend continuation long. Especially if we can break above this key resistance zone.
The Euro dollar has been strong while the yen has been weak. This all equates to this bullish pennant working out. I would like to see a break above the triangle pattern with a retest for confirmation. Don't fall for any fake outs and be weary of the resistance zone above. If it a 1:1 R/R opportunity or lower I will not take the trade.
I don't expect The British Pound to weaken at all this weak.
CADJPY may be turning around here. I'll be looking for another solid retest for confirmation. The Japanese Yen has been getting hammered
Taking a 2:1 reward to risk long to the next minor resistance zone
The British pound has been the power house currency and I don't see that slowing down. I believe we should see some rejection at this key level of support and we're also right back on top of the trend line that has already been tested a few times before.
I believe we should at least retest this minor support level. Crude oil had been struggling to break above this resistance zone
The dollar may have continuation to short here. We have made a new low under a key support level. We will need a rejection to confirm this resistance zone is strong
Looks like the dollar may continue dropping here. We have hidden bearish divergence on the MACD
I don't think we're going to be able to break above this resistance. We are making lower lows and lowers highs. I would like to see it break the key level of support for a short opportunity