EURAUD SHORT- Closure below 4HR 200MA
- Lower highs
- Overall downtrend
- Pullback to 0.786 for better RR
Gemtradesfx
CADJPY SHORT- Strong YEN
- Overall downtrend
- Lower highs
- Potential cross of 200/50MA on 1hour?
- Pullback to 0.786 for better RR
AUDNZD SHORT- Rejection of 4HR 50MA
- Lower lows
- Cross of 200/50MA on 1hour
- Pullback to 0.786 for better RR
AUDCAD SHORT - Failure to close above 4HR 200MA
- Lower highs, lower lows
- Pullback to 0.786 for better RR
EURUSD SHORT- USD strength
- Failure to close above 200MA on the 4hr
- Rejection of 0.618FIB on the 1hr
- Want a pullback for better RR
CHFJPY SHORT- Strong YEN overall
- Lower lows and lower highs
- Want pullback to 0.786 level to line up with 50ma and create new lower high
CADCHF LONG- Lower lows, lower highs
- Break of 50MA on the daily
- Recent cross of the 50/200MA on the 1hour
- Pullback to 0.786, should tap the 50MA
AUDUSD LONG- Overall uptrend on higher timeframes
- Potential cross of 50/200MA?
- New higher high formed
- Rejection of 200ma and 0.786 fib for entry
AUDJPY LONG - Overall uptrend on higher timeframes
- Potential cross of 200/50MA?
- Small drop to reject 200MA and 0.786 FIB for an entry
- Higher highs/lows forming
AUDCAD LONG- Creating new higher highs and higher lows
- Weak CAD
- Cross of 50/200MA
- Pullback to 0.786 FIB and 50MA for entry
EURUSD SHORT- Lower lows, lower highs
- Break and rejection of 50MA
- Rejection of 0.71 FIB
- Want slight pullback to touch 0.71 FIB again for an entry
USDCAD LONG- New higher high formed, along with higher lows
- Break of descending trendline
- We've had a rejection of the 0.71 FIB and 50MA
- Oil has dropped which affects the CAD negatively
- Could enter around now, however, I expect a slight pullback to the 0.786 for a better entry
CADJPY SHORT- Break of ascending trendline
- Lower highs, lower lows
- Double top
- Rejection of 0.618 FIB
- Rejecting 50MA on the daily
CADCHF SHORT- Break of ascending trendline, forming lower highs and lower lows
- Rejection of 50MA and 0.786 FIB
AUDCHF SHORT- Lower highs
- Rejection of trendline, 200MA and 0.382 FIB
- Failed to close above 50MA on the daily
AUDJPY LONG- Higher highs and higher lows
- Pullback to the ascending trendline which lines
up with the 0.382 FIB
- Also lines up with the 1 hourly 50MA
- Previous resistance has turned into support
AUDCHF LONG- Further AUD strength
- Higher highs and higher lows
- Pullback to 0.382, this lines up with the 1HR
50MA
- Previous resistance is now a support area
GBPCAD SHORT- Break of ascending trendline with a large
bearish move
- Break of 50MA
- Looking for pullback to retest the 50MA,
trendline and/or 0.382 and 0.618 FIB
EURAUD BUY- Higher highs and higher lows
- Trendline rejections and 0.618 FIB along with 50MA on 4HR
- May look to buy if we get slight pullback to 0.382 FIB, which lines up with 50MA on the 1HR
