Forexscorpion
XAUUSD - DAILYGOLD (XAUUSD) - Head and Shoulders inside a downtrend channel. Possible Outcomes.
1. No break of the H&S neckline - Breakout.
2. H&S neckline breakout 1820.00 to 1700.00
EURAUD - DAILY - Down ChannelEURAUD - DAILY CHART. Formation of a huge shooting star - no confirmation candle. However, I believe price will continue trading inside the channel then test the 1.56000 support and go for breakout. Since AUD is getting weaker we could a immediate breakout of the channel as soon as the market open (Monday - Tuesday).
EURUSD - DAILY - NEUTRAL EURUSD broke the bullish channel, however is still no confirmation or retest of the previous support.
