GBPJPY: Breakout & Bullish Continuation 🇬🇧🇯🇵
I see a confirmed breakout of a significant daily resistance on GBPJPY.
The price will most likely continue rising within a wedge pattern.
The next goal for the buyers is 197.0.
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Forextradingsignals
EURGBP: Bearish Outlook Explained 🇪🇺🇬🇧
A recent breakout of a minor daily support on EURGBP
is a reliable bearish signal.
It shows a mid-term dominance of the sellers.
I think that the price can drop at least to 0.831 support soon.
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NZDCAD: Strong Bullish Signals 🇳🇿🇨🇦
I see 2 strong price action confirmations on NZDCAD:
the price broke a resistance line of a bullish flag
and then formed a confirmed change of character CHoCH on a 4H.
I think that the market will continue a bullish rally.
Next resistance - 0.83
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EURCHF: Rise After the News 🇪🇺🇨🇭
Looks like EURCHF may continue growing after the release of US news today.
A breakout of the resistance of the range on an hourly time frame
provides a strong technical confirmation.
Goal - 0.959
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EURNZD: Massive Breakout 🇪🇺🇳🇿
EURNZD violated a huge resistance cluster and closed above that.
The next key level is 1.8765.
I will look for a pullback/little correction to buy then, expecting a rise.
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GBPNZD: Intraday Bullish Confirmation 🇬🇧🇳🇿
A price action on GBPNZD shows 2 strong bullish confirmation
on an hourly time frame.
I see an inverted cup & handle pattern and a breakout of a resistance line
of a falling channel.
Chances will be high that the price will go up.
Goal - 2.2
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EURAUD: Important Breakout 🇪🇺 🇦🇺
EURAUD successfully violated a support line of a wide horizontal
range on a daily time frame.
We see a positive bearish reaction to that after the market opening today.
With a high probability, the market is going to drop at least to 1.64 support.
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EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
The EUR/USD pair has successfully broken its downward trendline and completed a pullback to the broken level. It is now expected to continue its upward movement, potentially reaching the specified resistance level.
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NZDCAD: Consolidation Continues 🇳🇿🇨🇦
NZDCAD is currently consolidating with a horizontal parallel channel.
We see a nice bearish reaction to its resistance:
the price formed a tiny double top pattern and started to fall.
Chances are high that the price will reach 0.804 level soon.
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CADJPY: Bearish Continuation Confirmed 🇨🇦🇯🇵
It looks like CADJPY is returning to a bearish trend.
The price completed a consolidation within a bearish flag
and violated its support with a high momentum bearish candle yesterday.
With a high probability, the pair will continue falling soon.
Next support - 107.15
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GBPCAD: Bearish Continuation After Breakout 🇬🇧🇨🇦
GBPCAD looks bearish after a retest of a recently broken daily/intraday
key horizontal support.
I see a descending triangle pattern on an hourly time frame after its test.
Probabilities are high that the price will continue falling and reach
at least 1.7876
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GBPCAD: Bullish Move After Breakout 🇬🇧🇨🇦
GBPCAD broke and closed above a significant daily resistance
cluster based on the year's high.
The broken structure turned into support.
Retesting that, the price formed a tiny cup & handle pattern
on an hourly time frame.
I decided to open a long trade on a retest of its broken neckline.
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