AUDUSD has been approaching a major support and so we can expect a reversal. Once this trendline is broken and i get a confirmation, i would be long on this pair. It has also found a minor support around this region.
USDCHF on a longer time frame is in a general downtrend. Along with this on the 4hr we can see a pullback which is approaching a key resistance. But both this and the trend line are in play here and see we can expect a pullback to continue a move downward.
Entry - Current price
Stop Loss - Give some room above the trend line and resistance
We can see here that a descending triangle is forming and the price is also approaching a major trendline. If this breaks down we can see a nice move to the downside. Along with this price is approaching a crucial whole number resistance point which acts as a psychological level. I will be looking to short this once trendline breaks and i get a confirmation.
Wedge formation on this pair. Also approaching a major support. Sellers may be running out of strength and so i am looking for a break to the upside.
Direction : Upwards
Entry: Wait for break of trendline with candle confirmation
EURCHF has been declining for some time now and has approached a major support. Once this pair breaks out of this range it is currently in we can see a move to the upside. So far it has broken the trendline and i am now waiting for this range to be broken and confirmed. You can take entry off one hour.