GU reaching a key supply area and previous daily support. A great opportunity for a traditional SR trade and double bottom.
AUDUSD has the chance to rise form the ashes!! With the USD currently overbought and AUD being at key support levels. AUDUSD could see a rise to somewhere around the .72 level, with it being a historical 'comfort' level. Good chance to grab some AUD from a key supply area.
This pair has recent been sitting at the 1.11 range and is stalling at previously resistance levels. The short on this pair could take some time, but there tonnes to squeeze out of this lemon!!!
The uprising of USDJPY has been well and truly impressive, but its time for a reversal and a big one at that. Looking to previous S/R zones, we can see that the 115 zone will be a clear target. This reversal may take some time or happen very quickly....
USDCAD has been operating perfectly within an uprising channel. Having a nice double top within the channel, now is a good opportunity to see it move back towards support.
AUDJPY is set up for an amazing sell opportunity. The 4 hour is within a channel and at the top of the channel currently. Resistance levels at a horizontal key level. Longer timescales are also demonstrating a head and shoulders pattern for the reversal.
AUDCHF has nicely come down to key support levels. Price has now hit an area of strong support and we should see a swing trade opportunity to long this pair. Early entries could carry some risk, but watch this pair!!!
AUDCHF has reached a nice level to short. Looking at the previous patterns - an opportunity to short this to the .66 level of previous major support.
The GBPJPY has reached a nice resistance level and daily double top. After incredibly strong run, looking for rejection from this level with a sharp move down.
This pair has reached daily highs and like all JPY pairs, needs to take a breather. Wait for confirmation of price action to form prior to entry - but a promising pair none the less.
GN has taken an absolute battering. Sitting at key support areas, this pair has a multitude of reasons to be a smart buy. Both technical and fundamentals come into play here. NZD is seeing yearly highs, but without any reason to really do so - meaning it could reverse hard and fast. I see this as a fairly easy trade - wait for confirmation and buy
GJ is cooked, overcooked... Looking for a reversal on this pair, multi year highs, overbought RSI. This pair needs to take a breather
Like most Yen pairs, NJ has hit a yearly high zone, multiple areas to show its ready to turn I have placed a sell here and looking for a retracement back to previous support levels. Looking at key SR levels and RSI for overbought on high time frames NZD has no fundamentals to support its current pricing and has the highest likely hood for a sharp drop
Like most Yen pairs, UJ has hit a yearly high zone, levels not seens since 2016 Looking for sell opportunities here and looking for a retracement back to previous support levels. Looking at key SR levels and RSI for overbought on high time frames
Like most Yen pairs, AJ has hit a yearly high zone, I have placed a sell here and looking for a retracement back to previous support levels. Looking at key SR levels and RSI for overbought on high time frames
UJ has hit a multiyear high resistance level. Give then recent sharp push in price, to get hit this area and reversal patterns starting to form - we can expect UJ to start selling off. Price areas to note are the 111-112 mark with smaller time with a SR level. Long term target is arounfthe 104-106 Range.
EU has hit the support on the weekly, daily and 4 hour descending wedge. Be prepared for a long movement with plenty of opportunities to enter. Last 4 hour close candle supports the potential reversal.
NZDUSD has to be one of the most interesting pairs to watch currently. We can see a weekly support level horizontally (orange box) Also the Incline Monthly trend line Potentially a good area to long purely from a technical swing perspective.