EURJPY D1 - Daily candle is forming nicely, this is what we said we were looking for in the webinars this weekend. If we look like we are closing similar to the above this evening, we will jump in with a buy order tonight.
GBPJPY H1 - Pulling back to that support zone, bit of a scalp zone. A zone to impulse buy and quickly move stops to entry price with a wick entry. If we bounce and get enough upside momentum we could push 134.650 (neckline price).
USDWTI M1 - Bit more of a breakout and retest than we had seen yesterday. Sat back on that $20.00 support number after breaking out and pushing $20.62
EURUSD H1 - Decluttered EURUSD a fair bit, if DXY double top holds, we should see EURUSD bounce. Pretty much mirror images of each other if you remember us mentioning this on one of the technical rundown videos.
CADJPY H1 - Bounced just shy of trendline support, but looking to double bottom on the same price, this could offer us our long entries.
DXY H1 - With regards to that USDJPY setup... Looks like we have broken another key zone, however we are yet to break this resistance on DXY. Double top forming at the moment, if we reject this break through we could see the end of dollar strength. Dollar strength gained over the eastern session but we are sat on a key price to watch at the moment for a possible...
Support breakout has been seen on the lower timeframe, looking for a retest of the broken zone before potential shorts.
NZDCAD H4 - Still consolidating on this support zone, it would be nice to start seeing some bullish intervention as the retest zone is circa 100 pips from current price! Which could warrant a possible 1:3 setup.
AUDCAD melted right through that fairly large support zone that we looked to trade last night. AJ selling off quite hard in line with that lower timeframe flag breakout. Expecting a breakout of this bullish channel soon, and for price to see a pullback and hopeful short continuation.
GBPJPY currently sitting at descending trendline resistance, EURJPY also sitting on our key S/R zone, possible shorts for both pairs down to previous low price.
Short, at the top of the RH shoulder. This trade compliments the GA short too.
Simple support and resistance, once price his the red line we can expect a fall down to the green box. Low risk but high reward trade.