Pair has been heading towards the downside and pulled back once hit our major support area. We are now ranging between 2 key areas. Price broke out of the minor uptrend channel and could be looking to form a lower low. Once price pushes below the 20 EMA and below our area marked we will enter for a SHORT position
The pair were moving with a respected wedge pattern and then we saw a break out and push to the downside. We are now looking for price to retest our key area before a further push down.
Price broke out of respected trend, and above key area. We will look for a pull back and retest previous structure and our golden FIB zone and then enter a LONG
EUR/USD (1HR) - Price has been moving in an uptrend, broke through our key area. We saw a massive push to the upside and now a retracement back to our 0.5-0.618 FIB zone, and our trend line. Once we see the bulls come in again, we will be looking for a long position.
USD/JPY (1HR) - Pair is making higher highs and higher lows, indicating we are now in an uptrend. Price failed to break below our key area, and also retraced to the 0.5-0.618 FIB Zone, and is showing bullish pressure. We will take a long position on close of the 15 minute candle.
EUR/NZD (1HR) - Price is moving in a major downtrend, broke through key areas and come back to retest. Price failed to push above giving us signs more potential downfall on this pair.
GBP/USD (1HR) - As we can see price is moving upwards and has now broke and retested our key area. We can see price has retraced to our golden zone 0.5-0.618 FIB and starting to look bullish. This give us an indication price is going to continue to the upside.
EUR/CAD (1HR) - Price has been moving in a downtrend, we have have now touched our top trend line, failed to breakthrough, RSI above 70 which is telling u the pair is overbought. If we see a break of structure i will be placing a short for this pair.