In the USD/CAD, there is some potential for a small sell; the price is now fluctuating between the resistance and support zones, and the resistance is rejecting our points of view.
The USDJPy is in a decent area, and we may seek to purchase close to the support zone at this point. An RD, or regular divergence, is seen, which may help our theory.
First, we must observe how the price responds to the resistance region. This is a good place to monitor the reaction for brief movements and three potential target zones. thus we must monitor price movement in the 0.6072-0.6060 range and manage our trades.
We can see lower highs and lower lows, and the overall trend is down, and we expect the market to make more lows... AND WE HAVE A GOOD RESISTANCE AREA ABOVE, with two targets at 1.2412 and 1.2267...
We have a decent probability of re-entering the eurusd market. When the price reaches the resistance zone, we could benefit by selling the next support.
It's a sensitive situation in eurcad, but the main trend is down, and the price is now in equilibrium...we can see multiple bounces at resistance areas and may take advantage of them by going short.
Possible buy opportunity in LTCUSD and price probably will see the high which showed as the target
in polygon probably we have a buy signal and price have a good chance to reach the high which was shown as the target
Overall trend is DOWN and broken SUPPORT TURN TO RESISTANCE we can expect a downward movement to the next support area around 167.32
Possible sell position in eur/usd in daily time frame... market can go for the low 1.04513
possible long trade must be conservative because it's against the H4 trend
POSSIBLE REACTION TO UPSIDE H4 is bullish but in the tricky area risk/reward is not bad so Worth to take it
possible short entry reversal can be start in this level
there is a possible short position in usdjpy if price make a new low, below the last recent low we can go for it... for this move we can consider selected zone as TP
Possible short in AUDJPY If price break Target zone we can expect lower price near 88.70
possible long in eurusd... but first price need a rejection in one of these two support zone then according to COT data and price action we can expect a bullish move
possible sell in gold after pullback to resistance zone...
possible head and shoulder pattern for short term view