ToniSignals

ToniSignals

EUR/USD is currently at resistance prior to the USD Consumer Price Index data, which measures the change in prices across a representative basket of goods and services. Technically the pair is ranging and is rejecting range resistance. We anticipate downside today into the 1.1535 level.

ToniSignals

AUDNZD is trending to the downside currently in anticipation of the AUD unemployment change data, which will be released tomorrow. Technically the pair has made a pullback in a down trend and is staying in a bearish structure. The RSI points to continued downside, and we're targeting 1.0280.

ToniSignals

EURJPY has traded into support prior to the French Trade Balance data, which shows the difference between imports and exports. Technically price is at channel support, trading in a bull flag pattern. Structure also supports price above 130.470. We anticipate a bounce into previous support turned resistance.

ToniSignals

USDJPY is trading to the downside currently prior to the JPY Trade Balance data, which is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Technically the pair has broken below support, and has now shifted into a bearish structure.

ToniSignals

Price has pulled back into a key structure zone, which correlates with the fibonacci golden pocket. We're looking for price to pull slightly lower into the pocket, and then looking for upside.

ToniSignals

EURAUD is trading to the downside today prior to the EUR Sentix Investor Confidence data, which is a monthly survey which shows the market opinion about the current economic situation and the expectations for the next semester. Technically the pair is showing clear RSI Divergence, and price has broken and retested the resistance trendline.

ToniSignals

EURUSD is trending to the downside today prior to the EUR Sextix Investor Confidence data which is a monthly survey which shows the market opinion about the current economic situation and the expectations for the next semester. Technically the pair has pulled back into structural resistance, and the trendline resistance lies just above. We anticipate downside into...

ToniSignals

AUDNZD is trending to the downside currently prior to the NZD Electronic Card Sales data, which measures purchases made in New Zealand on debit, credit and store cards. Technically the pair formed a bearish flag and has broken the flag support. The RSI is also bearish, and we are looking for continued downside on the pacific forex cross.

ToniSignals

Price has made a bounce from trendline support, however has moved back to the downside from moving average resistances. If price is able to break below the support trendline we may see a continued push below the 0.900 level. We anticipate that this trendline support will break, as long term the USDCHF is in a bearish structure and has been correcting for a...

ToniSignals

Price is now testing support turned resistance in a bear market, and we are looking for downside pressure to continue into the key structure zone around 0.72960.

ToniSignals Updated 

EUR/USD has made a retracement from recent lows prior to the USD Redbook Index data, which is a sales weighted index of over 9,000 stores. Technically the pair has made a retracement into structural resistance, and we have 3 bearish candles close on the 1h chart, a bearish confirmation pattern.

ToniSignals

USDCAD is trending to the upside currently prior to the Non Farm Payrolls, which measure the number of new jobs added in non agricultural industries. Technically the pair is in a bullish structure, the RSI is bullish, and we have just broken the recent highs on the 1H chart.

ToniSignals

GBPUSD has traded into support prior to the USD non farm payroll data, which measures the number of non agricultural jobs added in the US. Technically price has traded into structural support and the RSI has generated an oversold signal. We anticipate a bounce from this level.

ToniSignals Updated 

XAUUSD has rebounded from fibo resistance prior to the USD Federal Reserve Interest Rate Decision. Technically the pair is rebounding out of fibonacci resistance at the golden pocket, and we are looking for downside to continue into the fibonacci 61.8% extension.

ToniSignals

AUDUSD is trending to the downside prior to the USD Continuing Jobless claims data. The data shows the number of people applying for unemployment benefits on an ongoing basis. Technically the pair has broken the bullish structure, has a bearish seasonal tendency in November, and is trading at structural resistance.

ToniSignals

Entry Price: 1.6189 Take Profit: 1.6050 Stop Loss: 1.6310 Direction: Sell

ToniSignals

Gold has broken and retested the support turned resistance trendline. Price is also holding the fibonacci golden pocket zone as resistance and is now moving to the downside. We are anticipating downside to continue into the fibonacci extension around the 1750 level.

ToniSignals

Price has formed a double top pattern, having broken both the neckline and the trendline. We are now looking for continued downside.