Yuhui_w

Yuhui_w

looks like getting some exit liquidity. might see shorts coming in

Yuhui_w

closing above target 1 / 2 could pave way for the subsequent targets. USD is likely to gain against Yen, as japan lifts state of emergency

Yuhui_w

cycle did not end with immediate down turn, and created a slight new high. stoc suggest 4 hr is close to reversal, a further downward push to reach the 0.618 fibo retrace level is likely.

Yuhui_w

potential long setup for GBPNZD, stoploss 2 ATR

Yuhui_w

asia and Europe easing lock down, risk sentiment should improve over time. if a close above the previous resistance, further gain is expected. in addition, the sell off reacted to the 61.8 fib retrace level in the up trend in the regression channel.

Yuhui_w

AUD likely to gain further after the current breakout.

Yuhui_w Updated 

AUDCAD down trend is losing momentum; Strong rebound from trend line and pivot level S2; Technical indicators (4HR & 1D) suggest the down trend is near the end. Price target established using weekly & monthly pivot. 1hr rising wedge breakout long.

Yuhui_w

AUDCAD 1D chart still suggests sell to support level