NZDCAD H4 Mean best value in between the middle of the zones indicated? We talked about this in the webinars we have been pushing out, and hopefully it makes logical sense now as I post examples more frequently. Potential double bottom on support again, this was out preferred buy zone, and obvious zone to look to catch bid. Eyes peeled.
GBPCHF H4 We have just seen GBPCHF pin into the buy zone which marries up nicely with our intersection point/pivotal point. We have seen GBP pairs correct a fair bit this week after last weeks rally, so we could be gearing up for potential rally continuations ready for next week.
EURUSD - H4 Sat comfortably above 1.21500 now, clear resistance turned to support. Hopefully we can gear up enough to break 1.21800 and realise our first TP target of 1.22200. From here we would need to break and retest and we could consider 1.23... One step at a time.
EURGBP D1 - Big daily reversal signal required first, this may even be one we have to wait for until next week, today may find support, tomorrow might be the bull signal and then we can look to get involved. 0.89 support is a fairly substantial daily support/demand zone.
GBPUSD M15 - We need to address this resistance zone, really looking to pop above this to continue corrective (upside) momentum.
GBPJPY H1 - Bit of a consolidation break seen amongst GBP pairs this morning, yesterdays selloff influenced by the UK third national lockdown confirmation (selloff was seen ahead of the announcement), consolidation seen over the eastern, and bearish resumption seen as we catch EUR/LON volume during their opening hours. Currently on support here on GJ. Lower...
USDJPY H4 - Very similar structure to USDCAD and DXY here, break of support areas, continued 'LL' theme. Hopefully we can resist 103.000 and continue downside.
NZDCAD H4 - Price came back down to retest the previous S/R zone of 0.91500, Quite a chunky downside gap, but since we have seen a bit of a support response. Could be something that offers a second support test (0.91500) to the gain upside momentum again.
GBPUSD H4 - Corrections seen after the big rally and upside break yesterday, eastern session has pretty much been purely corrective moves, coming back into the EUR/LON open, we may be able to expect bullish continuations, may hear a little more on Brexit progress today before the weekend.
EURCHF H4 - Another fresh low set and we are fast approaching support, this next bearish wave could be the start of the reversal as we enter 1.07200 support region.
GBPUSD H4 - Popping up higher and breaking above correction highs, failed to set new lows means GBP pairs are seeing a bit of a SUSTAINED RECOVERY from Mondays selloff, not just a corrective pullback, if we retest and sit on 1.34 support, we could look to scout out longs up to 1.35. Back in trading range, and volatility has settled into this week.
Higher timeframe break and retest, the retest zone has been seen. Now looking for a rejection on resistance to make that right shoulder, before seeing potential shorts.