On a longer term, looking for USDCHF to possibly re-test recent highs, then look for downside towards clustered levels of resistance (TP1 & TP2). TDI on the hour is looking for a potential bearish turn, MA cross on the short term confirmed. Possible trade into next week.
CADCHF approaching the overbought stage - Upper Red line at Resistance 3. TDI Market Baseline is approaching 68 with a TDI hook looking likely on H1 this evening (GMT). Waiting for confirmation on MA cross on the shorter term for entry.
Both GBPCHF and USDCHF looking bearish with the TDI cross looking likely on the GBPCHF M30. MA cross on short term confirmed - very choppy and indecisive market this morning, lower lot size for this one.
TDI Cross looking bullish in the next few hours. Short term MA currently neutral looking for a confirmation to the upside early this afternoon (GMT). Expecting the to trend sideways with an eventual bullish movement towards the end of the day and possibly continuing into tomorrow.
We see a shorter term setup here as the market is choppy and there is a tight support/resistance on this one. Nonetheless - potential for profit here on the downside with TDI hook on H1 and MA cross to the downside on shorter term.
USDCAD short - looking for the short as it bounces of R3 to the downside. Also bounced off a support from 1st-5th April 2020. A nice TDI hook from above with a flattening market baseline suggests a turn in sentiment. Furthermore, shorter term EMA cross to the downside confirming.
Very mixed signals from USD today (As seen in previous publication) USD has broken through some trending supports today, but has bounced on this pair. There may be a re-test of the trend so be cautious when trading USD today. TDI and momentum suggest a bounce to the upside.
Breaking through the support (confirmation needed on candle close), we look to the downside - as confirmed by the tdi and moving averages.
Looking for a short on this pair with weakness n the EUR in most pairs this morning. TDI cross from above with decreasing market baseline. Moving Averages Decreasing and fast MA converging to slow MA. A little bit of resistance expected in the short term, with a longer term sell off expected.
Breaking through the long term trending support recently, EURUSD is looking bearish on most EUR pairs with MACD confirmed and MA crossing. Looking for further sell off on the 1hr chart
Shorter term (30 Mins) trade looking for downside potential as it crosses the moving average from above on a down trend
Looking for potential downside on this pair as moving averages cross and a lot of resistance around 1.41300
Looking for a potential EURNZD short - TDI hook to the downside, below 200ma and bouncing off downward trendlines. On 30min chart so looking to see how this develops over the next few periods as it moves sideways currently at daily R1
Short GBPUSD looking for continued downside trending after touching resistance. A breach of resistance could signify a breakout and strategy should reverse.
Touched resistance looking for further sell off... Already running in blue t.me - For more!
Short term position in AUD/USD looking for downside sell off towards support. t.me - for more...
Simple yet effective! Strong support for this pair as AUD/JPY hits 75.5 mark. Buy at market - intraday trade. Quick and efficient signals at t.me