NZDUSD: Pullback Time?! 🇳🇿🇺🇸
NZDUSD looks quite overbought:
I see a confirmed bearish breakout of a support line of a rising wedge pattern
and a violation of a neckline of a double top pattern on an hourly time frame.
With a high probability, we will see a pullback at least to 0.63385
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Freetradingsignals
USDCAD: Time For Pullback?! 🇺🇸🇨🇦
USDCAD may pull back from a key daily structure support.
I spotted 2 intraday bullish confirmations on a 4H time frame:
a bullish breakout of a resistance line of a falling wedge pattern,
a bullish breakout of a neckline of a double bottom pattern.
We can expect a bullish movement to 1.363
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AUDJPY: Pullback From Resistance 🇦🇺🇯🇵
AUDJPY may retrace from a key daily/intraday horizontal resistance.
As a confirmation, I spotted a double top pattern on an hourly time frame
with a confirmed breakout of its neckline.
We may see a retracement at least to 97.7 level.
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EURJPY: Strong Trend Following Signal 🇪🇺🇯🇵
EURJPY looks bearish again after a local correctional movement.
The price started to grow within a bearish flag pattern.
Its support was broken this morning.
With a high probability, the market will return to a bearish trend soon.
We can expect a bearish movement to 156.0 level.
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USDJPY: Pullback From Support 🇺🇸🇯🇵
USDJPY looks very oversold after a strong bearish rally last week.
The price is currently testing a confluence zone based on a daily
and 4H horizontal supports.
As a confirmation, the pair formed a cup & handle formation on that
and broke its neckline.
I think that the price will reach 159.0 level today.
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USDCHF: Pullback From Key Level 🇺🇸🇨🇭
USDCHF may drop from a key daily resistance.
I see multiple intraday bearish confirmations:
breakouts of a neckline of a double top pattern
and a trend lien of a rising wedge pattern on an hourly time frame.
The price may reach 0.8965 level soon.
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AUDCHF: Bullish Outlook Explained 🇦🇺🇨🇭
I see 2 strong bullish signals on AUDCHF on a daily:
bullish breakout of a key horizontal resistance and a falling trend line.
Retesting the broken horizontal structure, the price formed a tiny double
bottom pattern on an hourly time frame.
We see a clear sign of strength of the buyers now.
The pair may keep growing to 0.6055
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