Gareth_Roberts

Gareth_Roberts

If we look at the AUDUSD pair, we can see it has completed what look's like a A.B.C pattern. The AO indicator also show's Bearish divergence, so I will be looking to short the pair.

Gareth_Roberts

Looking at the EURGBP pair, we can see that there is some hidden/inverted divergence showing on the AO indicator. This normally means that we should see another move higher before eventually breaking lower.

Gareth_Roberts Updated 

Looking at the EURUSD pair, we can see the pair are nearing the top of the price channel the pair have been trading in for quite a while now. There are two scenarios playing out here. Either the pair could trade higher to the top of the channel, or the pair could break down through the trend line and start heading lower. The MACD & AO both show divergence which...

Gareth_Roberts

Looking at the GBPJPY pair, we can see it has now broken through the trend line & now retested the trend line. I now expect to see the pair to start moving higher.

Gareth_Roberts

Looking at the AUDNZD we can see it is now consolidating, before what looks like it could make another move higher.

Gareth_Roberts

Looking at the USDCAD pair, we can see the pair are at the bottom of the channel the pair have been in for a while now. We could either see attempt to make another move higher, or break the bottom of the price channel and move lower.

Gareth_Roberts

If we look at the GBPJPY pair we can see it has been in consolidation. I would expect the pair to make a impulsive move after either touching the trend line, or the 61.8 Fib retracement.

Gareth_Roberts

Looking at the EURAUD pair, it looks like the pair is at the bottom of a huge bearish wedge pattern. I am expecting the pair to rebound higher, before shorting the pair. Looking at the MACD & AO, we can also see hidden divergence which should also translate to a move higher.

Gareth_Roberts

Looking at the GBPCHF pair we can see the pair are at the bottom of the trading range the pair have been in for some time now. Looking at the price action, we can also see that although the pair have made lower low's, the MACD & AO does not support these move's. I will be looking to enter long on the pair when I se a break above, close above the trend line.

Gareth_Roberts

If we look at the AUDUSD piar, we can see the pair have made a lower high, but on the MACD & AO indicator it shows a higher high. This normally results in a move lower.

Gareth_Roberts

If we look at the EURGBP pair, we can see that the pair is getting close to a zone of previous resistance. The pair has also made higher highs not supported by the MACD & AO indicators. I would expect the pair to target the previous zone of support should it break below & close below the wedge.

Gareth_Roberts Updated 

Looking at the EURGBP pair, we can see they are at the top of the channel that has been in place for a while now. The pair has also made higher high's not supported by MACD & AO. Wait for a break below & close below of the trend line before selling. Alternatively wait for a break above close above the price channel before buying.

Gareth_Roberts

If we look at the GBPJPY pair, we can see they have broken through the trend line, and have now made a move lower. The pair have been consolidating, and soon we could see another move lower. I will wait for a break below and close below before entering.

Gareth_Roberts

Looking at the AUDUSD pair on a Daily chart, we can see they have been in a huge range. The pair also look to be consolidating up against the medium term trend line. I expect the pair to continue down to the bottom of the range, and either break through or bounce.

Gareth_Roberts

If we look at the EURJPY pair, we can see they have bounced off the top of the channel they have been in for some time. If the pair break below the medium term trend line, we should see a move to the bottom of the channel. The move higher does not seem to be supported by the MACD & AO which shows bearish divergence. There is a similar move also setting up on the...

Gareth_Roberts Updated 

Looking at the AUDUSD 1 hour chart we can see the pair have formed a Bullish wedge with Divergence on the MACD & AO.

Gareth_Roberts

If we look at the USDJPY we can see it is in a consolidating bearish channel. I think we could get one more move to the bottom of the channel, but I am watching to see how the pair react at the top of the channel. We could either see a bullish break out, but more probable is another bearish move lower to the bottom of the channel, where there is also a zone of support.

Gareth_Roberts

I believe the EURUSD is about to fall as it's currently at the top of it's price channel, but also shows bearish MACD Divergence. I will trade this to the bottom of the price channel. If the pair breaks below & closes below, then I will wait to enter short again