


Having broken through the bearish flag EURAUD confirms further decline. Target just above 1.35
Downtrend trendline bounce followed by a lower low as well as channel breakout pointing of the very week GBP against the JPY.
WTI broke below key support suggesting further decline. Although first we will probably see a corrective wave up to 48.35 area, before it continues to the strong support area at 44.
By breaking key psychological support at 1.9000, GBPCAD confirmed further strong rally down towards 1.84-1.85 area.
AUDUSD yet to hit some strong support that seems to be located around 0.7530 area. Looks that it should't be long until it reached.
There is no support touched according to my analysis and there is definitely downside potential. Channel breakout as well as long term trend line bounce confirms bearish sentiment.
Channel breakout confirms short term selling pressure. if target at 0.7525 broken, another 200 pip move down is likely
As CHFJPY just broke below the downtrend channel, while before we saw the breakout of the descending triangle, it seems that move down is far from over. I have two targets, S1 and S2. Lets see how fart it goes, my TP is at S1
CADJPY confirmed the breakout of the neckline of the head and shoulders reversal pattern. Target for the downside either S2 or S3
USDCAD breakout of the descending triangle followed by clean fib support bounces confirming strength of the pair. I see the first target at R2 1.2740 are with further potential.
The GBPCAD broke above our key resistance confirming strenght
EURJPY NICELY HOLDING THE RESISTANCE LEVEL CONFIRMING THAT BEARS ARE STILL BEHIND THE WHEEL. FINAL SWING DOWN SHOULD TARGET 129.70 AREA
GBPAUD faced extremely strong support and failed to brake it. All the facts are in favour of an uptrend continuation. Targets - R1 and/or R2 with furhter upside potential.
AUDUSD broke our key support are that is now a strong resistance - R1. If we'll see a bounce further downtrend is very likely to continue. Target either S1, S2 or/and S3
While trading below 200D moving average, AUDCAD bounced off the downtrend trendline and at the same time broke below an uptrend trendline. Everything looks very bearish for mid to long term. I'd consider first target near the recent low around 0.96, and if broken, net target would be 0.93 area.
As GBPCAD broke below our previous target, it suggest further decline is very likely. While pair having hard time breaking above the downtrend trendline, taking our fib levels, 1.8450 could be the target for the next wave down.
USDCAD is trading within a descending triangle where not touch of our trendline has been found yet. Therefore I believe at least a test of the uptrend trendline will be seen with the potential decline. Multiple, clear bounce of our fib resistance confirms this scenario. Target area 1.215
GBPJPY failed to break our long term trendline signalling on potential short term growth, before/if continuing going any further down.