Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #USDJPY daily time frame 🇺🇸🇯🇵
The pair demonstrates clear strength of the sellers.
The price went way below a recently broken resistance.
With the absence of impactful fundamental news,
the market may continue falling for now.
2️⃣ #EURAUD daily time frame 🇪🇺🇦🇺
The market is trading within a wide falling parallel channel on a daily.
Its upper boundary is a strong vertical resistance.
I will look for selling from that.
Alternatively, its bullish breakout may push the prices much higher.
3️⃣ #NZDJPY 4H time frame 🇳🇿🇯🇵
Before an Australian interest rate decision at night,
the pair acted strongly bullish, following our plan.
I see a nice double bottom pattern and a confirmed bullish Change of Character CHoCH.
I think that growth will resume soon
4️⃣ #CADCHF 4H time frame 🇨🇦🇨🇭
The price formed a nice bullish flag pattern.
I am waiting for its bullish breakout to confirm a start
of a new bullish wave.
A candle close above its upper boundary will validate the violation.
Do you agree with my market breakdown?
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.