This one can explode in either direction from here. So far USD has been sold across the board which makes the short side seem a bit safer. However, ahead of the CPI tomorrow, anything can happen.
As long as the Key resistance holds (also an invalidation level) we could see a move back below 0.7400
I like this one to the upside in the big picture but so far the price action has been corrective from my point of view. Also the fact that we've traded around lows for quite many times does not look bullish at all, so another spike to the downside should not be ruled out.
We broke an important short-term support last week and now it should act as a resistance. If the price fails to move higher from current levels, then I'd say new lows are more than guaranteed.
I was expecting to see a bottom in this pair (at least a temporary bottom) but it seems that we have to wait a bit longer and especially we have to wait for EURUSD. If EURUSD does not manage to start a larger correction then this pair will not do it either and the downtrend will continue.
We could see another push higher towards 124.00 but keep in mind that one the Monthly chart we are against heavy resistance.
This one is still in the "make or break" area on weekly. I'm watching this one very closely and I'm more interested in the downside than upside.
Generally, the whole move from the 0.9500 looks very corrective and if the current lows remain intact then I would not rule out a stronger pullback towards 0.8100 figure. Time will tell..
Generally looking for another leg lower and then a significant recovery.
Looks like a triangle but it may not be completed which means that we may see another leg lower. All in all - looking higher in this pair.
Waiting to see if we get a break lower from this potential triangle.
Possible H&S pattern pointing to the upside in EURGBP but the possible triangle, that is forming under the neckline, does not look very good, so I would not rule out a move to the downside instead.
In bigger picture I'm only looking to establish fresh long positions in EURUSD.
The move from lows looks corrective, so I would not rule out a move to the downside.
It is a long shot but in my opinion we have a clear corrective structure which devides into 3 steps. Of course this does not necessarily mean that the whole correction is done.
Possible bounce area for EURUSD. Equal legs + the 50%& 61.8% retracement area.
Interesting support area in USDCHF. Generally it should act as a rather strong area for price to break on the 1st attempt but as we are in the NFP week, anything can happen.
Nothing's changed in AUDUSD... price is still generally ranging and trading inside the same old channel.