EURNZD H4 Perfect retest wick before then selling off for an instant 1:2 within that same price candle. Eyes peeled for that previous breakout low and then downside continuations, shame this was over the eastern.
CADJPY H4 Bullish outlook here on CADJPY, however USDJPY looking for a bearish rejection from the resistance retest price we are approaching, analysis to follow. Nice bounce initially here anyway, same as always, scouting out that breakout high at around 83.866 ish before looking for new highs. A double bottom on 83.150 could offer another entry.
USDJPY H4 Potential short range here down to support here, nice price action close on that previous H4, means we have continued that lower low sequence on that last correction wave. Eyes peeled on the M30/H1, looks like a structure break and retest for a potential upside move. Higher timeframe takes precedence remember.
GBPNZD H4 We covered this pair on the watchlist webinar yesterday evening with our coaching programme members. Nice support zone identified, marginally lower lows set, but remembers market open causes some interesting price moves which we need to take with a pinch of salt, so to speak.
GBPJPY H4 Quite a way from realising a support test, but nonetheless, something we definitely want to follow going forward, this pair, alongside GBPCHF has held really nicely and trading fluently between zones and setting new highs etc along the way. Waiting patiently for that 145.000 whole number support to see a test, nice intersection price here, strong...
EURAUD H4 Another setup to compliment EUR shorts, eastern pairs are on fire at the moment, NZD and AUD. Possible pullback to retest the underside of the structure break before selling off further. 1.56 whole number support is now being used as resistance. Down-trending nicely. Something we could possibly scout out, EURAUD also dipping downside.
USDCAD H4 We are evidently seeing the USD see a little bit of weakness, but can we hold support on USDCAD lows until we can gear up for some strength/corrective moves. Very similar to what we were expecting from USDCHF, but USDCHF seems to be breaking support now after trying to hold for so long. CAD losing a little bit of ground early doors as we see WTI drop...
EURCHF H4 USDCHF selling off looking to break the 0.89 support we were following, downside on EURCHF has been broken and fresh lows have been set. Currently retesting the underside of the structure break as indicated, we don't tend to buy and sell unless it's from a major zone (red boxes). So this is something we will just observe from the sideline.
NZDCAD H4 Our 0.91450 region held as support, even factoring in the big downside market gaps. Soon recovered just like we did on the 31st January market open too. Same trading zones to be followed this week with this trading pair. Clear support/resistance trading range from 0.91450 to 0.92250.
USDCHF H4 Starting the week with pairs carried forward from last week, if it's not broken, don't fix it! 0.89030 was test earlier on this morning, eyes peeled for that 0.89 test again now we have a little better market volume and a good stint ahead of us. USDCHF pulled up last week towards the latter part of the week, but then pulled back downside off the back...
NZDCAD H4 Mean best value in between the middle of the zones indicated? We talked about this in the webinars we have been pushing out, and hopefully it makes logical sense now as I post examples more frequently. Potential double bottom on support again, this was out preferred buy zone, and obvious zone to look to catch bid. Eyes peeled.
GBPCHF H4 We have just seen GBPCHF pin into the buy zone which marries up nicely with our intersection point/pivotal point. We have seen GBP pairs correct a fair bit this week after last weeks rally, so we could be gearing up for potential rally continuations ready for next week.
USDCHF H4 Finally woken up after a couple of days on consolidation from support. Always going on about focussing on less pairs but focussing more on what you've got your eye on. This way you understand what has influenced the pair recently to date. Fingers crossed this is a sizeable move to follow. EUCHF below 1.08, not sure how long this will last though,...
GBPUSD H4 Looking to realise this full correction down to 1.37400, probably something we focus on next week as opposed to this week. Been a while since we saw a cable pullback, so this will be good for us to look to position ourselves in line with potential GBP longs again.
GBPCHF H4 Super clear bullish trend seen on GCHF, looking for a pullback to the intersection price highlighted. This would also tie in quite nicely with GBPJPY analysis, very similar moving pairs which we have been waiting for, for the last couple of days, even dating back to late last week infact.
EURGBP H4 Off the back of the resumed GBP strength, I feel we could see a break and close below our current support zone of 0.88300. Waiting for this closure is important, a clear break and close below followed by a subsequent retest and resisted price at 0.88400 could set us up for potential shorts.
EURUSD - H4 Sat comfortably above 1.21500 now, clear resistance turned to support. Hopefully we can gear up enough to break 1.21800 and realise our first TP target of 1.22200. From here we would need to break and retest and we could consider 1.23... One step at a time.
DXY H4 We have dipped just below the marked S/R zone for the neckline/support retest, however 90.200 is the previous higher low support, so as long as this holds, I feel we should be okay to recover (USD strength). This would then tie in nicely with what we have marked on GBPUSD shorts.