EURUSD is forming a bearish flag with a flagpole. A short will make sense if and when the price crosses below 1.2660 handle.
NZDUSD forming a Flag Continuation Pattern along a bearish trendline. If it breaks down the price below 0.7830 it could continue its downtrend. Targets could be set at the structural support levels at handle 0.7700 and 0.7460
NZDUSD may retrace from the top of the channel @ 0.8000 handle after tonight's PMI data release. The retrace could be to 0.79000 support level.
NZDUSD is reaching for the top of the channel above 0.8000 handle. It has hit the double bottom recently and showing bullish signs after hitting the bottom of the channel on Oct 12.
After breaking the trendline SPX500 may fall to the support levels @ 1847 & 1809
Brent oil has reached the channel bottom and long term strong support level. A little bounce is expected.
GBPUSD is rejected by the top of the channel resistance and 0.382 FIB retracement with hidden bearish divergence. Target can be set at 1.6000 handle.
AUDCHF is coming very close to trendline support and may bounce off w/ bullish divergence building up. Possible target could be set at 0.5 FIB retracement at 0.8500 handle.
NZDUSD is at trendline support level which is also a 0.618 FIB retracement. Price action from here will decide the fate of this pair in the coming days. In the past the price have rebounded from 0.764 FIB and roughly 0.886 FIB. Go long if the rebound is validated.
USDJPY stops at 10Y+ trendline with strong bearish divergence building up. There is also a structural resistance at this level.
EURUSD respecting the downward trendline towards the structural support.
NGAS all set to reverse as heating season begins in November. The price action has already hit the trendline on 8/18 and 9/12 and RSI already lifting from oversold levels.
EURUSD is close to completing the Wolfe Wave 5-6 with bullish divergence developing on the strong structural support zone. Possible targets could be 1.3000 and 1.3100. NOTE: Corrected chart is attached for divergence.
EURUSD honoring the minor trendline so far with bearish hidden divergence. If breaks out it may find resistance at the major trendline while keeping the downtrend.
USDCAD is forming an ascending broadening wedges reversal pattern along with a reverse H&S. It may take the price action to as high as 1.1800 before it sharply reverses to parity. If valid most likely scenario will be end of 2015 or early 2016.
USDJPY forming Wolfe Wave 4-5 towards 110.00 handle which also is a strong resistance level. If validated it may drop to the structural support just above 99.00
EURCAD, after the trendline invalidated, there may be another 90-100 pips to the top of the channel and 0.618 Fib before it may resume the downtrend or breakout the downtrend.
EURCAD mat retreat from 0.382 Fib retracement and trendline. There is also a strong bearish hidden divergence building.