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GBPJPY just made it's first move on a long term bullish
trend. But on the weekly chat remember that GBPJPY is on a consolidation.
STOP LEVELS & TAKE PROFIT ARE GIVEN ON THE CHART
OANDA:CHFJPY failed to break out of the trend line and which signifies more bullish momentum to break out of the resistance turns support zone. NOTE ALL TP & SL ARE PROVIDED ON THE CHART
OANDA:NZDJPY has been consolidating on the daily lows which right now the price is making new daily highs.
OANDA:USDCAD swing trades still continue and right now the market is heading for the last daily support (1.33838).
OANDA:XAUUSD broke out of the hourly channel down and making it's way to the daily highs.
OANDA:GBPCHF still retracing back to the daily support zone. It broke the 1st level support level and it is heading for the last one.
OANDA:AUDUSD has been showing more bullish momentum and it is time for it to take a break and move back to the daily low before the uptrend can continue.
CADCHF broke out of the support zone in which the price has been consolidating for a while and getting ready to sell to the next level of support.
OANDA:EURCHF rejecting the support a lot and it shows there will be a lot of rejection in that area while we patiently wait for the sellers to lose momentum.
OANDA:AUDUSD forming a reversal pattern on a
4 hourly chart which can show a huge downtrend on AUDUSD. But right now we are still on a uptrend.
OANDA:XAGUSD forming a triangle pattern on the hourly chart which is a sign that buyers are losing their strength to continue the uptrend
Right now gbpusd is really bearish after breaking out of the triangle pattern it respected the height resistance of the triangle and got rejected.
SPCFD:SPX failed to break the resistance and also it broke out of the trend line next level support @2519.0
FOREXCOM:AUDCHF broke out of the trend line and it is forming new highs moving gradually to the major resistance.
FOREXCOM:NZDCHF forming new trends to retest the weekly resistance which is now forming new HIGHS&LOWS
FOREXCOM:EURAUD is on a downtrend market structure and there is a possibility for it to retest the main consolidation zone but if price breaks out of the mini consolidation i will be looking for short entries.
Hello traders AUDCHF is going back to retest the daily lows and i am looking at a possibility for the daily lows to be broken also due to the unemployment rate data and the covid-19.
Hello traders OANDA:AUDUSD has being in an uptrend for quite some time and i have being waiting for the current HIGHS OR LOW. So i can join the trend or trade against it.