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ruba_hasan96

USOIL has formed the bullish rectangle continuation pattern signalling further upside. There is no divergence therefore chances of trend reversal are low.

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USDCHF is making a series of lower highs and lower lows i.e. Bearish trend. There is no divergence yet to indicate possible trend reversal. The USD index is currently bearish and CHF index is bullish therefore we can take a market sell entry and assume trend continuation.

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USOIL is making a series of lower highs and lower lows i.e. bearish trend. There is no sign of divergence which means we can assume that trend will continue its course.

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EURUSD is making a series of higher highs and higher lows i.e. bullish trend. There is no sign of divergence which rules out the idea of possible trend reversal. AB=CD harmonics also indicates trend continuation. USD is currently bullish and EUR index is bearish.

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GBPUSD is making a series of higher highs and higher lows i.e. a bullish trend. There is no divergence yet. A bullish flag also signals trend continuation. USD index is currently bearish and GBP index is bullish. Due to all these signals, we can assume trend contiuation.

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XAUUSD is currently in a bullish trend making higher highs and higher lows. There is no divergence formation therefore it is safe to assume that the trend will continue. Price action has formed a bullish flag which is another indication of trend continuation.

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GBPUSD is in a bullish trend which has formed a bullish parallel continuation channel. The USD index is currently in bearish trend and GBP index is in bullish trend. It indicates that the price is likely to continue upwards. We can take buy limit entry at the 0.382 fib level to get benefit of a good setup.

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XAUUSD has recently formed a bearish divergence indicating possible trend reversal. Here price action has started to form lower highs and lower lows which signal the start of bearish trend. We can take entry at current market price since price action has already breached last higher low and expect it to go down.

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USOIL has formed a bearish trend i.e. a series of lower highs and lower lows. There is no divergence indication yet therefore we can assume that trend will continue. A harmonics pattern AB=CD also signals towards further bearish trend.

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EURUSD is currently in a bullish trend but has formed bearish divergence which indicates possible trend reversal. Sentiment at this time for EURUSD is strongly bearish which further indicates the possibility of trend reversal. We can place a sell stop order below the last higher low so that when price action executes the order we can assume the start of trend reversal.

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AUDJPY is making consistent higher highs and higher lows with no divergence indication which signals further trend continuation. The AUD index is currently Bullish and JPY index is currently bearish.

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EURCAD is making consistent lower highs and lower lows i.e. bearish trend. There is no divergence signalling the reversal of trend, there we can assume that it will continue. Price action has retraced till the important 0.382 fib level so we can take entry at market price. The EUR index is currently Bearish and CAD index is bullish.

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GBPUSD has formed the descending triangle continuation pattern which indicates that the bearish trend is likely to continue. There is no divergence yet so we can rule out possible trend reversal. The GBP index is currently bearish and USD index is currently bullish.

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AUDJPY is currently in a bearish trend with no indication of divergence. Due to this, we can safely assume that this trend will continue. The AUD Index is currently bearish and the JPY index is currently bullish.

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EURGBP has formed a series of higher highs and higher lows with no divergence which means that trend is likely to continue towards upside. The EUR index is currently bullish and GBP index is bearish.

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AUDCHF has formed a series of lower highs and lower lows with no divergence indication which means that trend continuation is likely. The bearish flag continuation pattern also points towards further downside. The AUD index is currently bearish and CHF index is bullish.

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EURAUD has started to form higher highs and higher lows. There is no divergence yet which means it will likely continue. The EUR index is currently Bullish and AUD index is bearish.

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EURCAD has formed bearish divergence along with a new lower high and lower low which indicates the start of bearish trend. Sentiment was also strongly bearish. Therefore, the relevant trading strategy is to short it with 1:1 risk reward.