GBPUSD H1 - Short Trade SetupGBPUSD H1 - Resistance held (we talked about this setup in the GBP*** Video analysis). Topped out at that 1.26050 number and then broke the support zone, hopefully we pullback to that 1.2600 number to retest the broken support, this would present a nice entry, with clear RR
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EURCAD H1 - Short SetupEURCAD H1 - I've adjusted resistance zones to show hourly resistance now rather than H4 resistance, sat around that 1.53 handle. EUR has ripped over recent trade, would be nice to see a correction. No confirmation here, I wouldn't suggest taking a trade until we see some... 1:11 with current projections, so can afford to lose some by waiting for some PA confirmation. H4 close is going to be intense, looks like it may break but H1 still technically intact.
NZDJPY H4 - Short SetupNZDJPY H4 - Looking at these safe haven pairs yesterday and this morning, based on the key global topics we posted and the headlines we updated yesterday. We have seen significant ***YEN rallies. Many of which are now approaching resistance, so I'll have these marked up and dropped in the channel. High timeframe analysis too, so confirmation would be required before taking any of these, of which we will be monitoring and keen to signal.
NZDJPY H1 - Possible ShortNZDJPY H1 - Hit an hourly supply zone on NZDJPY, best out of the ***YEN pairs in my opinion. No confirmation here, not looking to signal this, just again making you aware of the zones, markets are very volatile still! But could be an excuse here for a market correction based on this mornings rallies... Gold is now starting to pullback up a little from that retest zone from last weeks resistance (now support) so trying to put two-and-two together.
EURAUD H1 - Short SetupEURAUD H1 - Looking for a retest of this trendline and breakout zone intersection, this could be a good place to take shorts. Markets have started to wake up, but as mentioned, not a great deal of data during this next session overlap. Markets spiced up a little on risk headlines. But that may be shorts lived.
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Gold breakout to the heavens!With gold making a clear upwards breakout from 1247.96 levels, there is a clear path for gold to head to 1278.39. Personally I am going to wait for a retracement back down to 1255.00 before going long again.
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