As AUDUSD passed above 0.6700 in price, we are seeing consolidation now that could result into making a buy for the pair. This may take time to see price returns above 0.6700 depending on USD Unemployment news hits today. It will allow confirmation that price has broken resistance. TP: 0.6720 or above
There is a chance of resistance being broken soon on EURUSD to buy. With CPI today, EURUSD could rally up to 1.084 or higher. TP: 1.084 or above
The support is broken as price is going further down, which is a possibility to sell. The resistance of the candle wicks does give indication as well. Be on the look out for Tuesday news for Wage Price Index to see if it goes further or reverse in price. TP: .6590 or below
We support that has broken support for NZDUSD from news of NZD Inflation Expectations q/q. With this push of a short, we could see the pair to drop further with USD Core PPI for Monday morning. Please keep an eye on it through the morning. TP: 0.5990 or below
Looking closely, we could see USDCAD to short from today through tomorrow with the Unemployment/Employment news. As price broke support, the news for tomorrow could cause a big drop in price; however, be careful at all times of the news. Please stay tune on the price today for USD 30y Bond Action since it dropped from the CAD Speech. TP:1.3675 or below
Based on the support line that has been broken, it seems safe to say USDCAD will sell. However, we have NFP news tomorrow for the USD to beware if price goes up. This selling position along with news could also push price further down to collect a great amount of profit in pips. TP: 1.368-1.363
Ever since the Japanese Yen fell couple days ago, we see consolidation as of now for USDJPY creating resistance of higher highs. With the likelihood after FOMC news, we could USDJPY to sell immediately. TP: 157.35-157.00
After the flash manufacturing news of EUR and USD this morning, you are seeing a cup pattern that is designing a way for EURUSD to rally up for a buy. There is enough support on EURUSD.
Based on the setup of resistance being rejected and the momentum of the initial drop, you can say it is a good time to sell GBPJPY. There is news coming his week for GBP, so beware of the impact of price action. Take Profit: 190.0-189.75
As resistance came into a halt, we are finding that EURUSD can make its way to sell anytime soon this week as you have Unemployment Claims today for the USD.
There is enough support for Gold that has been building up from Friday's NFP news. Therefore, we could see it go for a long.
As more resistance is building up around $1900+ for Ethereum, it has a chance to rally downward. Therefore I can see it sell at a target price between $1770-1825 as it drops.
There is resistance that is forming for GBPUSD of creating a higher high. Therefore, it is looking to sell soon by London hours after today’s Federal Holiday, which there was no volatile movement.
There is resistance upon USDJPY, along with the impulse red candle that gives it a sign for a sell. Currently, there is consolidation on the pair. Eventually, we should see a drop by the end of the week as it sell.
EURGBP has been on a wild ride of price action through a downtrend in the past couple days. However, it appears to have done a breakout as a buy position. Therefore with the downtrend retracement that hit support levels, we could be seeing EURGBP going for a buy. TP: 0.8585+
There seems to be a change of direction with XRP after the downtrend for price to rally up. After the long breakout, we could see a retracement with price at 61% of the fib. With that being said, XRP looks to go up for a buy. TP: 0.64+
We seen a breakout for EURJPY, as it retraced to the 78% level of the fib. Therefore, we could see EURJY as a buy setup. TP: 132.1
The market for Doge is creating enough support as we seen price started it’s breakout. Along with breakout, price retraced to the exact same levels of support multiple times creating higher lows. Therefore, we could see Doge to rally up for a TP .252+ and .259+