EURUSD Potential sell. Pair has been consolidating since November, last week the market closed in a bearish manner indicating bearish movement in the market due to the news, price may come down towards 1.128 and a retest back up to 1.3000 hoping that price would maintain below 1.13 before placing a selll!
AUDUSD Potential sell. Daily timeframe has formed a extremely bearish candlestick last week indicating that there could be a bearish push. However we could expect it to form a bullish daily closer up towards the resistance at 0.7150 before price breaks and comes down towards 0.7050-0.6900
GBPUSD potential buy, bearish candle has hit the support line Possible bullish bounce towards 1.8030- 1.82600 following the trend, supported by moving average,Support and resistance confimation and upwards trend.
EURJPY Potential sell. Has formed a bullish candlestick coming out consolidation zone and has now come back into the zone hoping to see bullish movement price towards the support line 124.30 and 124.00. Supported by downwards sloping moving average.
FXSTREET Trend index (bearish)
GBPUSD Potential buy looking @ 4hr interval, Possible bullish price movement towards the resistance line (B) around 1.2930 - 1.3001 following the upward trend. Has already hit 1.3001 once on the 17th of January just touching the zone and retest back down hitting support line(A) at 1.2831. However if US Dollar continues to strengthen we may expect a retest.
EURUSD Potential sell: Downward trend Possible bearish price movement towards the support line at 1.1353. Also supported by new, German PPI declined by 0.4% the first decline since February 2018. EURUSD started the trading week with small gains.. FXSTREET Index (bearish trend)