GBPNZD completed Kiss of Death (KoD) pattern on bearish trendline and hawkish RBNZ rhetoric. First Target TG1 can be set at 1.8000 handle and the second TG2 at 1.6000 with stop above 2.2000.
XAUUSD may form bearish deep crab on trendline ceiling under overbought condition. Once confirmed a target can be set at 1150 handle. Short setup is invalidated if resistance around 1350 handle is broken. With that in mind a stoploss can be set just above 1350 handle.
EURAUD bouncing off trendline bottom with hidden bullish divergence. If holds, Target can be set at 1.5200 handle with a stop loss just below the prior swing low at 1.3675
XAUUSD seems to be completing AB=CD pattern on trendline ceiling. Once and if it bounces off, Target TG1 can be set at 1170, TG2 at 1142 with a stop loss above the trendline.
AUDCHF reaching bearish trendline resistance. Target 0.7825 handle once it bounces off.
USDJPY is finding near term structural support @117.40 handle which is also a bottom of channel. If holds, target TG1 can be set at 121.80 handle.There is a long term structural resistance at 123.50 level which can be used as target TG2.
GOLD is so far contained within the structural resistance @ 1240. If the resistance holds a short position is more likely makes sense. But if it breaks out the resistance @ 1255 and thereafter the near term trendline the bearish trend is over for now.
If AB=CD pattern holds it may take USDJPY to 128.00 handle
USDNOK is respecting the trendline for now. If the line holds couple of targets can be set at 7.7300 (0.381 Fib) and 7.8630 (0.5 Fib) handles.
GBPUSD approaching 0.5 FIB resistance at the top of channel. If holds it may test 0.618 Fib Ext at 1.5463 handle.
USDCAD is forming an ABCD pattern towards 1.1700 handle with a confluence of a cup formation and structure. If this setup holds it is 260 pips trade.
EURUSD respecting trendline below 1.2500 handle. If holds profit target can be set at 1.2363 support level
NZDUSD may be finding channel resistance below 0.7950. If holds a short position can be taken to the 0.7800 handle which is about a 100 pips move. If it breaks out the channel the setup will be invalidated. NOTE: Wait for RSI 8 confirmation.
AUDNZD forming a triple bottom within 380 pips range. When the short term channel is broken and price action moves above 1.1050 a long position can be taken targeting 1.1250.
GBPUSD showing signs of trendline and structural resistance at play. If it hold go short with target set at 1.5600. The setup will be invalidated if it breaks 1.5750 level above structural resistance.
AUDNZD if closes above 1.1025 I am going long all the way to 1.1250 handle. So far finding resistance at 1.1020 and 0.236 fib.
EURUSD showing signs of trendline and structural resistance at play. If it hold go short with target set at 1.2400. The setup will be invalidated if it breaks 1.2600 resistance.
GBPNZD is rising forming a bullish Gartley at the bottom of channel.