USDJPY has sold off aggressively after bouncing off the weekly resistance level as we expected and talked about last week. We are already short this market, and expect further sell off to the next support level. We will be waiting pullbacks to lower highs and sell signals for a second chance to get short.
NZDUSD still in a downtrend so we are waiting for further correction and sell signal to go short
AUDUSD is still in a downtrend and we are looking for a deeper to correction and sell signal to go short.
EURUSD is still stuck in a range and hovering around the weekly support/ resistance level. It’s unclear at this stage where the market wants to go so we will wait for the time being. The market could break back down below support in which case we will be looking for pullbacks and sell signals to go short. If the market continues up we will be looking for...
NZDJPY has reached a weekly support level and shown quite significant rejection. We expect the market to move up from here.
GBPUSD pushing up off this weekly swing level. We expect prices to move up to at least the resistance level above.
USDCAD is in a downtrend on daily chart and has formed a sell signal on a lower high and at a swing level. We mentioned in our weekly outlook that we would consider taking a short trade here if a sell signal formed. Entry: 1.2968 SL: Above swing high TP: Around 1.2800
GBPCHF has broken back up above the weekly support/ resistance level. We will be looking for pullbacks to that level and buy signals to get long.
GBPAUD has broken up through a resistance level. We will wait for pullbacks to that level and buy signal to confirm that the level is acting as new support.
EURUSD continuing to move sideways, although looking bearish on the weekly chart. Weekly support level has been broken so we will look for sell signals on lower highs to get in short.
AUDJPY selling off aggressively off the resistance zone. We expect further sell off so we will be looking for pullbacks to lower highs and sell signal to get short.
Some heavy selling of EURGBP, so we will look for any pullbacks to lower highs and sell signals to get in short.
XAUUSD is still consolidating under the weekly resistance level. If it breaks above to we will look for pullbacks to higher lows and buy signals to go long However we expect the downtrend to continue and so we will ideally be looking for sell signals at around this level to go short.
EURJPY is in a ranging environment and has broken back down below quite a significant level at the range top. We will be looking for sell signals if the market comes back up to retest that range top.
USDJPY has printed a large rejection off the weekly resistance level so we expect the market to continue selling off from here.
NZDUSD is still in a downtrend so we are waiting for pullbacks to lower highs and sell signal to get short
We are still bearish on GBPUSD and looking for sell signals to get short