we can clearly see that there is a tug of war where price is refusing to break 1.21000 weekly key level. so i will be anticipating we see price push back to 1.24000 before we see some kind sell pressure back to the downside and the next zone we will be looking for price to push to will be 1.15000 weekly key level.
we can clearly see that we are clearly in an uptrend on nasdaq, but we are currently witnessing a pullback happening on nasdaq. so i will be expecting nasdaq to pullback to 13200 before we can see some possible longs on nasdaq, also backing up this analysis with some fundamentals. possible traget on nasdaq is 19000 to create new highs.
i am expecting a large pullback on gold, if we see a cool on this recent war that is happening between isreal and hamas, we might see a pullback to 1880 before going long again. we can clearly see we have cleared the former high, anticipating a new high to be made on gold.
we have come to a more sensitive region on UJ. we can clearly see that UJ is finding it difficult to break 150.000 level which it came to retest and refused to break above it.
we might be witnessing an end of the bullish run if UJ fails to break the 150.000 level. so i will be looking for selling opportunities to take UJ lower.
looking from the higher time frame, we are currently in a downtrend, so all i want to be looking out for are selling opportunities. i will be waiting for price to get to that zone before i go short.
we currently see that euraud is reacting from a HTF demand zone on the daily. so i will be looking for a buying opportunity on this trade to before taking the sell move because from the daily timeframe, the overall bias for this pair is a sell.
we can see clearly that nzdjpy is in an uptrend from the HTF perspective. but we are currently in a monthly supply region where we might see a possible selling opportunity to the downside before buy commences. so i will be looking for selling opportunities at that region to go lower.
we see clearly on usdcad that we are currently in a downtrend. but we have come to a point of interest on a HTF where we will looking at buying opportunites on the trade.
we can see clearly that GU is in an uptrend from the HTF perspective. so all we will be looking at on this pair is a buying opportunity. i will be taking a buy to form new to take out liquidity above the previous high.
from the monthly we can clearly see that we are trading in a range, but when you go to the LTF, you will opportunities. right now, i am looking at a long trade because we can clearly see structural movement on the buy side. so i will be long on this trade.
coming from the weekly, we can see that cadchf is trading in a supply region. although i am already in this trade short. let us see how far this trade can go.
