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Blueberrymarkets

VIDEO ANALYSIS: EURAUD TO SEE LOWER PRICESIn this video update, we take a look at the longer-term outlook for EURAUD and what could happen for the coming quarter. The quarterly close suggests we could see further downside occur into the key support zones around 1.5250. Looking at the daily timeframe we can see that price has broken out of consolidation, with price re-testing the structure. With price rejecting currently we could see opportunities to sell this market into key demand zones.
Short
by BlueberryMarkets
1
VIDEO ANALYSIS: GBPAUD CONSOLIDITIONIn this video update, we look at GBPAUD and the key highs and lows to be aware of in this particular market. The daily chart highlights the potential for this market to stay within the consolidation pattern despite price sitting at the key supply zone. If we do see a break of the lows we can look for further short opportunities. However, seasonally the GBP does have its best month through April and a break of the key highs will add weight behind the GBP rally.
by BlueberryMarkets
VIDEO ANALYSIS: NZDCAD FALSE BREAKOUTIn this video update, we take a look at the NZDCAD as price failed to break out of the resistance trendline. Typically, when the market falsely breaks out of consolidation we see a move in the same direction. The weekly chart finished has as a bearish engulfing candle and we could see price continue lower. Looking to the 4hr timeframe, we can see price consolidating at a key demand zone, look for the market to break and close below before further downside.
Short
by BlueberryMarkets
VIDEO ANALYSIS: AUDNZD SHIFT IN TRENDIn this video update, we take a look at AUDNZD as price could be shifting trend. The reason being the NZDUSD price is sitting at resistance and the AUDUSD price is catching a bid with room to the upside. This could mean that price could change trend here especially with the AUDNZD price sitting at a key demand zone. The 4hr chart is showing us a change in trend and if price re-test the previous structure highs as support, we could see further upside in this currency pair.
Long
by BlueberryMarkets
TRADE ANALYSIS: NZDUSD SITS AT TRENDLINE RESISTANCEThe NZDUSD could see some short-term downside as price sits at the trendline resistance highs. Price has tried to break higher on a few occasions with no luck so far and with the USD looking likely to continue to the $97.50 resistance we could see NZDUSD head back towards to the trendline support. This market is in a consolidation pattern meaning that we must wait for added confirmation before looking for key high probability trading opportunities.
Short
by BlueberryMarkets
2
VIDEO ANALYSIS: USDCAD TO 1.3650In this video update, we take a look at USDCAD and how the market could continue to push higher towards the key resistance. The weekly chart formed a strong bullish close off the key 1.3300 demand zone and with the Bank of Canada stalling their outlooks on growth we could see the Canadian Dollar weakness continue. The 4hr chart is forming higher highs and higher lows with the previous structure lows offering an ideal area for long opportunities.
Long
by BlueberryMarkets