JoeJohnsonIV

JoeJohnsonIV

As the chart looks its building resistance with many wicks, we can most likely see AUDUSD will drop tomorrow as Non-Farm Payroll from USD. It does not seem it will push up as I thought to expect to break the resistance, but still keep a good watch on it. Take Profit: 0.634 or below

JoeJohnsonIV Updated 

TP: 190.00+ SL: 187.00 There is support forming for GBPJPY, which we could be looking for a buying opportunity. We have CPI news for the British Pound Dollar that could make this possible on Wednesday.

JoeJohnsonIV

As EURUSD as been dropping the past couple of days, it has been on the support levels of 1.0900 lately. On Wednesday and Thursday, there are news about FOMC Meeting Minutes and CPI of the US Dollar. Therefore, we could possibly see price of the EURUSD going up based on news, support pattern of the triangle. TP: 1.1050-1.110

JoeJohnsonIV

As FOMC rates will approach this Wednesday for USD, we can see EURUSD is going up as it is most likely to break resistance at the top. Therefore, it is good to buy. Entry: 1.092 TP: 1.0935-1.10

JoeJohnsonIV

As BOJ news is ahead for the Yen pairs (JPY) this week, we can see EURJPY is looking to rally up against the resistance. Therefore, we are looking to buy. Entry:162.10 TP: 162.30-163.00

JoeJohnsonIV

Based on the level of resistance, we could see GBPJPY's price to drop as a short. There was claimant count change news for the GBP currency this morning. Entry: 197.00 Take Profit: 196.5-196.00

JoeJohnsonIV

Based on the support of US Crude Oil, this setup is look to rally upward that could happen this Wednesday of FOMC news. Entry: 70 Take Profit: 72.00-74.00

JoeJohnsonIV

Tonight for AUD CPI news, there is a chance AUDJPY will drop in price. This is a great time to place a short as there is resistance in price that likely to drop. TP: 97.00-97.5

JoeJohnsonIV

As the French elections was a determining factor his week to the Euro, we must take account of EURO CPI news and USD Speech from Powell today as well. Therefore, the pair has created resistance and it has the possibility to drop for a sell. TP: 1.07 or below

JoeJohnsonIV

As you can see, the amount of wicks to indicate resistance for AUDUSD. There will be quite a bit of news for USD that could possibly push AUDUSD downward for a sell. TP: 0.663 or below

JoeJohnsonIV

This pair is looking to have resistance of the wicks forming. Therefore, we can see a push downwards tomorrow during GBP CPI news. TP: 200 or below

JoeJohnsonIV

With NFP from last Friday, the price of AUDUSD went downward. However, there is support that could be building towards price to move upward. Be on the look out for AUDUSD going upward short term. TP: 0.663

JoeJohnsonIV

After CHF news on Tuesday that pushed GBP downward, we see a cup pattern on the hour chart that is building support for this pair. Therefore, we can see a long position for GBPCHF. TP: 1.143-1.146

JoeJohnsonIV

As AUDUSD passed above 0.6700 in price, we are seeing consolidation now that could result into making a buy for the pair. This may take time to see price returns above 0.6700 depending on USD Unemployment news hits today. It will allow confirmation that price has broken resistance. TP: 0.6720 or above

JoeJohnsonIV

There is a chance of resistance being broken soon on EURUSD to buy. With CPI today, EURUSD could rally up to 1.084 or higher. TP: 1.084 or above

JoeJohnsonIV

The support is broken as price is going further down, which is a possibility to sell. The resistance of the candle wicks does give indication as well. Be on the look out for Tuesday news for Wage Price Index to see if it goes further or reverse in price. TP: .6590 or below

JoeJohnsonIV

We support that has broken support for NZDUSD from news of NZD Inflation Expectations q/q. With this push of a short, we could see the pair to drop further with USD Core PPI for Monday morning. Please keep an eye on it through the morning. TP: 0.5990 or below

JoeJohnsonIV

Looking closely, we could see USDCAD to short from today through tomorrow with the Unemployment/Employment news. As price broke support, the news for tomorrow could cause a big drop in price; however, be careful at all times of the news. Please stay tune on the price today for USD 30y Bond Action since it dropped from the CAD Speech. TP:1.3675 or below