USDJPY SHORT!!As shown in the chart, the pair has reached a linear level which had been used as a strong resistance several times before.
There is further confluence when considering the fact that the market is at the 0.786 fibonacci level
24hrta
AUDUSD -LONGPossible buy....Wait for confirmation with candle.
AUD news 12:30 am on Wednesday 03/04/19
EURUSD Potential LongBullish divergence on the 4hr timeframe.
Break & Retest of the 4hr trendline.
Support at 1.12000 psychological level.
NZDJPY - LongKeep an eye out for this pair, possible opportunity to go long. Wait for confirmation on the majors, and on the candle sticks.
EURCHF Potential LongEURCHF nearing daily trend-line.
Support at 1.12000 psychological level.
RSI oversold on Daily timeframe and lower.
Bullish divergence on the 4hr timeframe.
EUR currently showing as weak while CHF appearing strong, indicating a possible change in momentum.
CADJPY Potential LongAfter a 250 pips move to the downside over the past couple days, a correctional move to the upside is to be expected.
Currently showing rejection off the 82.000 psychological level.
USDCAD: Sell
USDJPY: Buy
However there is some resistance at 82.300, at the 0.382% daily fibonacci retracement level.
GBPUSD Potential Long GBPUSD currently trading in an uptrend on the daily timeframe.
Support at the 0.618% weekly fibonacci retracement level.
Support at EMA 200 & 50 on the daily timeframe.
GBP currently showing as weak while USD appearing strong, indicating a possible change in momentum.
Ideal entry would be at 1.30600 technical support.
As brexit discussions are still in play, abrupt volatility may be expected.
EURUSD Potential LongEURUSD currently in an uptrend on the daily timeframe, along with possible a break and retest on the weekly trendline.
Support at 0.786% weekly fibonacci retracement level.
Trading above the EMA 31, 50 & 200 on the 4hr timeframe.
EUR currently showing as weak while USD appearing strong, indicating a change in momentum.
Ideal entry would be at 1.13650 technical support.
If the 1.14000 psychological level is broken this could suggest further bullish movement towards 1.1448, the previous daily high.
EURGBP Potential ShortEURGBP currently consolidating between 0.85000 & 0.87000 psychological levels.
Resistance at 0.618% weekly fibonacci retracement level.
Trading below the EMA 31, 50 & 200 on the daily timeframe, if EMA 800 is broken it may be further confluence suggesting bearish movement.
Ideal entry would be at 0.86100 support & resistance level.
If the 0.86000 psychological level is broken this could suggest further bearish movement towards the 0.85400 technical support level.
CADJPY Potential LongCADJPY trading in a uptrend on the 4hr timeframe, suggesting further bullish movement for the short-term.
Trading above the EMA 31 & 50 on the daily timeframe.
Ideal entry would be at 83.585 technical support level.
If the 84.000 psychological level is broken this could suggest further bullish movement towards the 84.500 resistance level.
EURCAD Potential ShortEURCAD forming a wedge on the 4hr timeframe and coming up to resistance.
Resistance at EMA 200 on the daily timeframe and EMA 800 on the 4hr timeframe.
Ideal entry at 1.51200, targeting 1.51000 and 1.50500 respectively.
NZDJPY Potential ShortNZDJPY break and retest of a bearish symmetrical triangle.
Resistance at the 0.618% monthly fibonacci retracement level.
Trading below the 800 EMA.
NZD indicating as currently strong, with JPY gaining strength.
Ideal entry would be at 76.500 support & resistance level.
Swing trades targeting for the 76.000 psychological level with a potential intraday trade targeting 76.300.
USDCAD - SELLHmmmm....Price has reached an interesting area. Lets wait and see, but a possible sell here.
-FIb
-Support
-RSI OS
Just waiting for the candle to close.
AUDUSD - Possible LongAUD high impact news to come out at 3:30 am, if the price drops it could test the 0.7050 mark; and could find support there.
- Trend line (Monthly and Weekly)
- W formation on Daily + 4 Hour
- Previous support range
Wait and see how this goes.
AUDUSD Potential ShortAUDUSD retesting on the 0.71000 psychological before indicating further movement downwards.
Resistance at the 0.382% daily fibonacci retracement level.
Trading below the 50, 200 & EMAs.
Ideal entry would be at 0.71000 psychological level .
Swing trades targeting for the 0.70000 psychological level with potential intraday trades targeting the 0.70700 & 0.70600 levels respectively.
GBPUSD Potential ShortGBPUSD trading in a downtrend on the 4hr timeframe, suggesting further bearish movement for the short-term.
Resistance at 0.382% daily fibonacci retracement level.
Trading below the EMA 200 & 800 on the daily timeframe.
Ideal entry would be at 1.29300 technical resistance level.
If the 1.29000 psychological level is broken this could suggest further bearish movement towards the 1.28700 support level.
EURUSD Potential LongPotentially retesting on weekly trend-line suggesting bullish movement.
RSI oversold on the 4hr timeframe.
Ideal entry would be at 1.13200 technical support level.
Swing trades targeting for the 1.14000 psychological level with potential intraday trades targeting the 1.13650 level.
EURUSD Potential ShortPotentially retesting on daily trend-line suggesting bearish movement.
Ideal entry would be at 1.13650 technical resistance level.
Swing trades targeting for the 1.13000 psychological level with potential intraday trades targeting the 1.13250 level.
