Price stalled for some time in HH area and bears couldn't push price back to make a HL so the probability of breaking out and making a new HH is high.
Price came to key support area on NZDJPY but it's not reversed so the probability of occurring a breakout is high.
NZDUSD is still in it's lower low level and buyers couldn't make new lower high so it's showing that sellers may return and push price below this level and make a new low.
We have another great opportunity on NZDCAD, This pair counter trend move may end here and start resuming the trend. We had our first bearish Heiken Ashi candle and it's showing the bullish momentum is very weak.
GBPJPY had a big counter trend move but now it's looking like facing support on old resistance level and maybe it's time to next rally.
USDJPY fell to the key resistance area and the probability of resuming the uptrend is high, Also the bearish momentum is decreased so it's showing the retrace may finished.
The GBPJPY uptrend was very interest to me and my first breakout trade on this pair didn't occurred, Price came down and yesterday candle showed that price facing support in 189.98 level. If we look to the last rally of this pair that rally started from same area we are now on it so I'm going long from here and my SL will be somewhere at the end of demand...
If we look to GBPUSD we will find that this pair started a new trend and downtrend is almost(maybe) finished. Considering this new uptrend we had a pullback and now this pullback came to 50% fib retracement level and also 200 EMA, Yesterday we had a bullish candle so price facing support in this area. Going long from this level is a good opportunity to catch and...
NZDCAD downtrend is one of the bests trends for me as a trend follower and now this bearish rejection candle after touching the MAs show that the trend may continue and we are going to see a new low.
NZDUSD is in key demand area and buyers failed to send price up so having a sell stop order below this area well be a good chance to catch any downside move but the trading week in finished so wait for next week.
Palladium downtrend is one of the best trends for trading and in H4 it formed a big bearish rejection candle, This candle clearly showing the end of pullback.
Most of us trading EU on daily chart or H4 but if we look to weekly chart there is a finished pullback and good opportunity for going short. Your SL will be somewhere around 1.16 and the reward is much bigger that risk.
AUDNZD is consolidating in very tight and small range and if we look to few previews candles we will find similar situation and then a breakout, So a buy stop order above this area will be a good trade for getting the breakout.
GBPJPY is consolidating in small range and if it breaks the range it will resume the uptrend so having a buy stop order above this range area will help you to cache the move.
PD is in strong downtrend and in H4 we have a tight small range so the chance of breaking out this small range and going down is too high. You can put a sell stop order at 703 and SL will be at 709.
GBPAUD is in strong uptrend and we had small pullback and now it's looking like the pullback is finished so good opportunity for going long.
USDMXN is in a clear uptrend and for few days we had small pullback but now it's looking like the pullback is over and it may resume the uptrend.
GBPCAD came back to it's previews demand level if you look at chart you will find same bullish rejection candle and then after that a rally so this time we also touched the 38.2 Fib retracement line.