DXY has overshot a major resistance level, and printed a big sell signal. We expect the market to fall as a result.
USDCHF has broken above resistance. We will wait for pullback to higher low and buy signal to go long.
EURNZD - Waiting for a pullback to higher low and buy signal to go long
XAUUSD - waiting for a pullback to lower high and sell signal to go short
GBPJPY is in a squeeze and we expect a breakout to the downside. If this occurs we will go short after a pullback to a lower high.
USDJPY is not moving much, but if wee see a nice buy signal on higher low we will consider going long.
NZDUSD - Waiting for pullback to lower high and sell signal to go short
GBPUSD - Looking to sell on pullback + sell signal on lower high
EURUSD remains in a downtrend. Look to sell on lower highs if we see a sell signal
NZDCAD - Waiting for a pullback and sell signal at resistance to go short.
AUDNZD - Waiting for pullback to higher low and buy signal to go long.
NZDUSD is in a range on the daily chart. If we see a buy signal at the range bottom we will consider a long. Otherwise we are waiting for a pullback and sell signal to go short.
EURUSD - Still waiting for a bigger pullback and sell signal to go short.
AUDUSD - Waiting for a breakout of the squeeze pattern to determine market direction. Looking at the weekly chart, we expect the breakout to be on the downside.
As discussed in the weekly outlook, we've been waiting for a pullback and sell signal on CADCHF. We will short as depicted on the chart.
CADCHF has pulled back to a potential lower high. Still waiting for the sell signal to go short.
USDCHF has pulled back and we are seeing some rejection on a potential lower high. We see a likely move down from here.
AUDNZD has broken back above a major weekly support level giving us a bullish bias. If we see a retest of that level and buy signal we will go long.