tomczyz

tomczyz

In short term, this is my conception of trading development on chart.

tomczyz

AUDUSD is breaking out from trend line, this is important signal. After break out, if it makes flag structure, it is likely that, it will make deeper correction. Otherwise, it will come back to previous highs. So, wait for confrimation in flag structure.

tomczyz

In overall, I expect that DXY should go downward with one more impusle, but before that deeper correction, it can go upward for a while.

tomczyz

I expect that we will see on AUD/NZD chart deeper correction, but before the impulse downward, it is possible that AUD/NZD will go upward for a while.

tomczyz

If it moves closer to red downside trend line, breaks out and makes a flag structure, it would go more upward to 13.40. Otherwise, if it does not break out through red downside trend line, it will go back and test previous support in 12.90 level.

tomczyz

EUR/NZD should move in a flag structure, before it would go upward.

tomczyz

I am waiting for a confirmation. If it breaks out red downward trend line and makes a flag, then i would expect very sharp wave up. Otherwise, it will come back and test level of 1.3700.

tomczyz

EUR/CAD is moving to very important level of red line, which is lower line of horizontal channel. If it does not break out this line it might be the begining of big wave up. But if it breaks out red line, it might go to 1.3500 level.

tomczyz

EUR/JPY - In correcition structure, if it breaks out downward red trend line, it should go up even to the downward blue trend line. But if it does not break out downward red trend line, it should go deep down.

tomczyz

I expect short consolidation after impulse up, then there should be one more up wave, which will test green up trend line.

tomczyz

GBP/USD - SHORT

tomczyz

EUR/USD should go back to red down trend line and test it. If it breaks out, it will go more up. If it does not break out, it will go down.

tomczyz

NOK/PLN - LONG

tomczyz

In overall, i expect USD/PLN will move in range of uptrend channel until, it will reach down trend line. If it breaks out red resistance level and green down trend line, make a flag down, it will keep on going up.

tomczyz

Before big impulse up, i expect one more bigger correction down to psychological level of 100.00.

tomczyz

DXJ - LONG

tomczyz

TUR reaches resistance level (RL). If it break out this RL, it can go up and test $40 price. But it is more likely that bounce back down to $32 area and even test $30. STOCH RSI and RSI indicators are overbought. MACD also gives signal that TUR will go down.

tomczyz

In overall, USDJPY has been moving down to important support level, so i expect bigger consolidation in this area. If it doesn't break blue support line then it can bounce back up to 115,00 area.