looking for a break of the current resistance level, before looking to take this pair long. although it still shows potential to give a push back to the previous support. I, either way, I see a Bullish market for the AUD/CAD and this is why I have a neutral expectation for this pair.
We can see a clear break of our daily uptrend, If we can see price push further down and come back up for a potential retest, I believe we will see a short on this pair. please take note and be aware of economic events aswell.
Price appears to be respecting the strong weekly and monthly supports well. The market is showing for a potential change in trend with the higher low forming on the weekly chart. If I see price break above my top resistance area I think we could see a good bullish run on this pair.
this pair has had a bullish run for the past few weeks, it appears that it's starting to loose upwards momentum causing it to form a Head and shoulders pattern on the weekly. I'm expecting a short on this pair especially considering that AUD pairs are showing bullish potential.
NZD/CAD is retesting the current support area, looking to see bullish momentum if it continues to reject the support area. I can't see any reason to enter yet but will keep my eye on this pair.
Don't forget to consider economical events as well.
GBPY/JPY showing a potential short after the strong bullish rally the past week, we might see the pair find resistance as it starts to lose momentum. but i will personally wait for proper confirmation as both a short and long is possible at this moment
I can't see any potential on the EUR/AUD at the moment as there is a strong uptrend on the weekly. ill be looking to either see a break of this trend and wait for the market to find resistance before considering a short. As for long positions I can't see anything at the moment. I would wait for a clear break of the previous resistance before considering a long,...
Expecting some upside on most aud pairs as they start show a lose in the downside momentum.
Waiting for a touch on my previous trend line and then ill wait for the break and retest. don't forget to consider economic calendar events.
The Eur/Usd has been respecting the channel quite well the past few weeks. if we see a push out the zone we could see some nice upside movement from this pair. dont forget to take Economical news events into considiration
The AUD has been rallying with bears in the past two weeks it has approached a strong support level, hoping to see the bulls take control in this week coming up. dont forget to take fundamentals inconsideration