EURAUD: Bullish Move From Key Level 🇪🇺 🇦🇺
Check a price action on EURAUD.
After a test of a daily key level, the price started to
consolidate within a narrow area.
The price bounced then and violated a resistance line of a falling channel
and a horizontal range.
The pair has a potential to continue rising.
Next resistance - 0.6165
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Fxsignals
EURCAD: Classic Trend-Following Trading Setup 🇪🇺🇨🇦
Look at a price action on EURCAD.
After a strong bearish movement, the price started to consolidate
within a horizontal parallel channel on an hourly time frame.
A breakout of the support of the channel is a strong bearish signal that
signifies, a highly probable bearish continuation.
Next support - 1.4902
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GBPNZD: Time to Sell 🇬🇧🇳🇿
I see a nice short trade on GBPNZD.
The price formed a double top pattern after a test of a key daily/intraday resistance.
We see a breakout of its neckline at the moment.
With a high probability, the price will drop to 2.103 level.
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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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GBPJPY: Bearish Outlook Explained 🇬🇧🇯🇵
We see the exemplary bullish trap on GBPJPY on a daily.
After a false violation of a major daily resistance,
the price formed a high momentum bearish candle a dropped rapidly.
I think that the pair has a nice potential to continue falling.
We may see some minor correction first
and a bearish continuation to 188.88 level then.
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USDCAD: Day Trading Setup for Today 🇺🇸🇨🇦
USDCAD is currently consolidating within a horizontal intraday range.
After a test of the resistance of the channel, the price may drop
all the way down to its support.
As a confirmation, I see a head and shoulders pattern formation.
Target - 1.3466
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USDCAD: Bearish Move From Key Level 🇺🇸🇨🇦
USDCAD looks very bearish after a test of a key intraday/daily structure resistance.
The price formed a double top pattern after its test on an hourly time frame.
With a high probability, the pair will reach 1.345 level soon.
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EURGBP: Strong Bearish Signal Detected 🇪🇺🇬🇧
EURGBP broke and closed below a key daily horizontal support.
After a breakout, a broken structure was retested and the price
formed a narrow horizontal range on that.
A breakout of the support of the range with a high momentum bearish candle
this morning is a strong intraday bearish confirmation.
The price may keep falling now at least to 0.836
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CHFJPY: Pullback From Key Support 🇨🇭🇯🇵
There is a high chance that CHFJPY will pullback
from a horizontal daily key level.
I see a nice confirmation after its test - an inverted cup and handle pattern
and breakout of its neckline.
I expect a bullish move at least to 167.75
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EURAUD: Intraday Bullish Confirmation?! 🇪🇺 🇦🇺
Update for EURAUD.
Earlier, we spotted a confirmed Change of Character on a daily
and a violation of a significant resistance.
Today, we see a retest of a broken structure.
The price formed a bullish flag pattern on a 4H time frame
and broke its resistance line.
We can expect growth now.
Next goal - 1.662
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AUDUSD: Pullback Trade From Support 🇦🇺🇺🇸
On a today's live stream, we discussed a pullback trade on AUDUSD.
The price tested a key daily horizontal support
and formed a cup and handle pattern on that.
Its neckline breakout is our strong bullish confirmation.
The pair will most likely grow now at least to 0.6728
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EURAUD: Pullback From Key Level 🇪🇺 🇦🇺
EURAUD may pullback from a key daily horizontal support.
The pair looks very oversold after a recent bearish rally.
On Friday, the price formed a double bottom pattern on a 4H time frame
and broke and closed above its horizontal neckline.
We see its retest at the moment.
The price will reach 1.6376 level soon.
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EURAUD: Very Bullish Outlook Explained 🇪🇺 🇦🇺
EURAUD may pullback from a key daily horizontal support.
The pair looks very oversold after a recent bearish rally.
On Friday, the price formed a double bottom pattern on a 4H time frame
and broke and closed above its horizontal neckline.
We see its retest at the moment.
The price will most likely reach 1.6376 level soon.
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CADCHF: Bearish Move Confirmed?! 🇨🇦🇨🇭
CADCHF broke and closed below a support line of a quite an extended
horizontal trading range on a 4H.
Taking into consideration that the sentiment was strongly bearish
before the formation of the range, we may assume that selling
volumes were accumulating within.
A breakout may signify a bearish trend continuation here.
Goals - 0.623 / 0.621
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XAGUSD - SWING SHORT idea Price made a false breakout of the previous week high with a strong bearish reaction. Also, the start of the new week will probably be manipulation with distribution lower.
A great sign of weakness is when the new week candle open, makes a false run on one side with a a sweep of liquidity (many traders are trapped), and then distributes on the true side.
AUDUSD: Pullback From Resistance 🇦🇺🇺🇸
AUDUSD may keep retracing from a key daily structure resistance.
The price formed a cup & handle formation on that on an hourly time frame
after the market opening.
Its neckline was broken during the Asian session.
The pair may reach 0.6263 support soon.
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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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