EURUSD has continued to remain strong as shown by the chart analysis. Whilst 1.22 is the likely target, it could extend further to the fibonacci resistance shown.
USDJPY looks like it has found a top at the fibonacci resistance level shown. I would expect a retrace back down towards the fibonacci support area, potentially dropping below into a consolidation phase. Nice tight stop loss as per usual.
We have been running a fresh long with GBPUSD after taking profit from yesterdays analysis this morning. Thought it would be worth publishing the analysis now that the market has had time to settle. I would say this trade is still available for an entry.
XLMUSD has had a great couple of weeks, well done to anyone who has held long term. I am keeping a keen eye on the PA behind this coin and think we might have found short term support, to avoid a sell off back down towards Fibonacci. This being, the upside have a better confirmation, as and when the price is able to hold above the Fibonacci resistance line shown,...
Don't miss this opportunity with GBPUSD to kick start the week ahead. DXY is bearish, and GBPUSD is holding above Fibonacci and 200sma.
AUDUSD looks like it has found its potential top after a very bullish November, and could drop as far as 0.73 / 0.72850 region.
XAUUSD is looking ready to begin its retrace after a long bear run in recent days / weeks.
GBPUSD is holding at 50SMA and Fibonacci, with DXY struggling to gain strength this pair looks to reverse back to the main trend upside.
USDCAD looking nice and bearish after dropping below Fibonacci, looks to be confirming as resistance.
EURUSD looks like it might have found a bottom, and will retrace from here.
EURGBP has reached a known Fibonacci support zone, and a zone that previously found heavy support.
USDJPY has held above Fibonacci and looks to test 104.000.
EURUSD has been benefitting the most from USD weakness and looks set to continue pushing to the levels shown, potentially as high as 1.20000 by market close tomorrow.
Sell opportunity is available for EURGBP with a nice tight stop loss, after a rejection at Fibonacci and consolidation on 50SMA.
USDCAD has swung bearish today after a long test this morning on the fibonacci line shown.
Potential AUDUSD reversal at Fibonacci, as the SMA's need time to cross.
EURGBP is currently rejecting off of Fibonacci and SMAs.