GBPJPY SHORT TRADE GBPJPY respects downtrendline
Price is based below key level at 133.65
and below HVN at level 132.89 which indicates that pair is in distribution phase
Below SMA 100 on H1 frame
MACD shows start of bearish momentum
It's expected for coming strong bearish wave to target demand zone at level 127.32
Crosses
EURCAD SHORT TRADEStrong bearish wave ended at level 1.5117
then corrective bullish wave occurred forming continuation rising wedge pattern
Price rejected from supply zone and 50% Fibonacci level of preceding bearish wave at level 1.5414
then price broke lower edge of rising wedge pattern
Now price is below HVN at level 1.5246 which indicates that pair is in distribution phase
Below SMA 100
MACD shows start of bearish momentum
It's expected to target demand zone at level 1.4940
GBPJPY SHORT TRADEGBPJPY broke key level at 134.68
Price is based SMA 100
and below HVN at level 134.35 which indicates that pair is in distribution phase
RSI broke uptrendline
We r waiting price to break lower edge of symmetrical triangle pattern at level 133.83 to open short trade
It's expected to target the demand zone at level 127.50
GBPNZD SHORT TRADEGBPNZD broke uptrendline
bearish wave (A) ended at level 2.0491 after breaking key level at 2.0733
then corrective bullish wave (B) rejected from SMA 100 and 50% Fibonacci of preceding bearish wave at level 2.0753
Price now is based below HVN at level 2.0583
MACD shows start of bearish momentum
It's expected for coming bearish wave (C) to target the demand zone at level 1.9947
AUDCAD SHORT TRADEAUDCAD broke uptrendline
Pair is based below supply zone at level 0.8690
on short term pair is in downtrend
Below SMA 100 on H1 frame
MACD shows start of bearish momentum
Below HVN at level 0.8558
we r waiting support level 0.8524 to be broken to open short trade
It's expected to target first level 0.8234
then target level 0.8050
GBPCAD SHORT TRADEGBPCAD rejected from key level which corresponds to 78.6% Fibonacci level of last bearish wave at level 1.7722
Pair retested broken minor uptrendline
Price is based below SMA 100 on H1 frame
MACD shows bearish momentum
It's expected for coming bearish wave to target major uptrendline and HVN near level 1.7050
CADCHF LONG TRADECADCHF is forming bullish reversal pattern "inverted head and shoulder" after sharp correction
Price is supported above SMA 100
Price is based above HVN at level 0.6782 which indicates that pair is in accumulation phase
MACD shows bullish momentum
It's expected for coming strong bullish wave to target supply zone near level 0.7250
GBPCHF SHORT TRADEGBPCHF is based below supply zone at level 1.1569
and below HVN at level 1.1601 which indicates that pair is in distribution phase
Price is below SMA 100 H1 frame
MACD shows bearish momentum
RSI is below level 50
we r waiting to break support level 1.3880 to open short trade to target demand zone at level 1.1115
GBPAUD LONG TRADEGBPAUD broke 50% Fibonacci of preceding bearish wave at level 2.0198 with strong bullish movement
Pair is in uptrend
Above SMA 100 on H1 frame
MACD shows start of bullish momentum
RSI is above level 50
Pair is above HVN at level 1.9867
It's expected going up towards supply zone at level 2.0755
GBPNZD SHORT TRADEBearish wave (A) ended at level 2.0046
then corrective bullish wave (B) occurred
Price is rejected from 50% Fibonacci level of preceding bearish wave with confirmation of pin bar candlestick
Price is based below HVN at level 2.0464 which indicates that pair is distribution phase
Below SMA 100 on H1 frame
RSI below level 50
It's expected for coming bearish wave (C) to target level 1.9815
CADCHF LONG TRADECADCHF broke congestion triangle
Price is supported above SMA 100 on H1 frame
Pair is based above HVN at level 0.6808 which indicates that pair is in accumulation phase
MACD shows start of bullish momentum
RSI is above level 50
It's expected for coming bullish wave to target key level at 0.7165
NZDCHF SHORT TRADENZDCHF is in downtrend based below SMA 100 on H1 frame
Price is based below HVN at level 0.6026 which indicates that pair is in distribution phase
Pair broke key level at 0.5847
MACD shows bearish momentum
RSI is below level 50
It's expected for selling to target 61.8% Fibonacci level of preceding bullish wave at level 0.5693
NZDJPY LONG TRADESharp bearish wave ended at level 61.35
then price rebounded by strong bullish movement
Price is based above SMA 100 on H1 frame
MACD shows start of bullish momentum
RSI is in uptrend
We r waiting price to exceed key level at 66.38 to open long trade
It's expected to target the supply zone at level 71.15
CHFJPY SHORT TRADECHFJPY rejected after retesting broken major uptrendline
Price is based below supply zone at level
113.25 and SMA 100
on short term pair is in downtrend
MACD shows weakness in bullish momentum
RSI broke uptrend
It's expected for coming bearish wave to target first key level at 111.32
then target second key level at 110.21
EURGBP SHORT TRADEEURGBP rebounded from strong supply zone at level 0.8592
Price is below HVN at level 0.8568 which indicates that pair is in distribution phase
RSI reached overbought region
Moving Averages on MACD shows intersection for opening short trade
It's expected for coming bearish wave to target first key level at 0.8389
then target demand zone at level 0.8281
AUDCAD LONG TRADEAUDCAD rebounded from demand zone at level 0.8725 with strong bullish movement after forming false breakout
Price is rejected from SMA 100 with confirmation of pin bar candlestick pattern
Pair is forming bullish reversal pattern "big W"
RSI is above level 50
First target will be at key level 0.8844
then second target will be at supply zone 0.8954
GBPAUD SHORT TRADEFalse breakout occurred on GBPAUD pair after reaching supply zone at level 1.9754
MACD shows bearish momentum
RSI is in downtrend
We r waiting breaking support level at 1.9655 to open short position
First target will be at key level 1.9418
then second target will be at demand zone at level 1.9187