Price has tested a support zone and did not manage to break it, this means price has a solid chance of continuing on a bullish run provided this coming weeks news events adds more momentum in the price
After a week of price having no particular direction , price went down to test a support zone and immediately price went up. I expect price to rally up in the next days
GBP/CHF has presented a head and shoulders on the hourly timeframe signifying a sell. Price may be biased to fall down to level 1.12065. Tight stops should be in place as on higher timeframes price seems to be in an uptrend.
EUR/GBP is trading to the downside today prior to the EUR ECB's Lane Speech. We anticipate a bearish move down to level 0.84419
USD/CHF is trading to the upside today prior to the US Fed Vice Chair Brainard Speech. There has been a breakout on the hourly chart and price is backed to continue being bullish. We anticipate a bullish move up to level 0.98615
USD/JPY is trading to the upside today prior to the CFTC JPY Speculative Net Positions. We anticipate a bullish move up to level 140.043
NZD/USD is trading to the downside today prior to the NZD CFTC NZD Speculative Net Positions. We anticipate a bearish move down to level 0.59951
EUR/USD is trading to the downside today prior to the EUR ECB Publishes Account of Monetary Policy Meeting. We anticipate a bearish move down to level 0.97456
USD/CHF is trading to the upside today prior to the US 7-Year Note Auction. Price is expected to make a breakout going bullish. We anticipate a bullish move up to level 0.98615
GBP/USD is trading to the upside today prior to the US 5-Year Note Auction. We anticipate a bullish move up to level 1.21124
EUR/GBP is trading to the upside today prior to the EUR German 10-Year Bund Auction. We anticipate a bullish move up to level 0.84896
USD/CHF is trading to the upside today prior to the US API Weekly Crude Oil Stock. We anticipate a bullish move up to level 0.98615
USD/CAD is trading to the upside today prior to the US API Weekly Crude Oil Stock. Price has reached a resistance zone and has retraced upon reaching it. Technically price has presented a head and shoulder pattern which is a reversal pattern acting as confluence for a bearish move. We anticipate a bearish move down to level 1.27038
NZD/USD is trading to the upside today prior to the US 6-Month Bill Auction. We anticipate a bullish move up to level 0.65602
AUD/USD is trading to the upside today prior to the AUD Manufacturing PMI. Price has respected a support zone on the 4 hour timeframe with an inverse head and shoulder pattern acting as confluence for a major upward move. We anticipate a bullish move up to level 0.72641
USD/CHF is trading to the downside today prior to the CFTC CHF Speculative Net Positions. We anticipate a bearish move down to level 0.93717
NZD/USD is trading to the upside today prior to the US FOMC Member Barkin Speech. Technically, price has reached a strong support zone on the 4 hour and daily chart. Price is expected to respect the support zone with a inverse head and shoulder pattern acting as confluence for a strong bullish move. We anticipate a bullish move up to level 0.65602
EUR/JPY is trading to the downside today prior to the EUR ECB's Schnabel Speech. We anticipate a bearish move down to level 132.910