USDCHF is performing a perfect short-term rebound and the resistances are confirmed, we could open a short position. Wait for the confirmation.
EURUSD is performing a perfect bullish flag, wait for a breakout of the uptrend to trigger some SLs and further confirmation.
USOIL is starting a new long wave in this risk-on market.
EURNZD will be growing from the bottom rejection
EURAUD is failing to go down again, so we expect a short uptrend to 1.61
Yesterday GBPCAD suffered a huge dropped due to Brexit concerns, but the technical perspective is even worst
GOLD has broken short term resistance around 1850-1860, so it can look for the next resistance around 1900. I would look for longs around this level and setting the SL below 1850
GBP is under pressure based on Brexit negotiations. We do not see a clear short term future, so we expect more volatility to come. We prefer shorts based on fundamentals and technicals.
GBP is under pressure based on Brexit news and JPY could grow based on news regarding the delay on the vaccine.
We are approaching the beginning of the US market opening and the USD could get more strength, so the AUD, NZD, and JPY could lose some field against the greenback!
We see USDJPY growing in the following hours rejected from 0.5 Fibo level
AUD and NZD are moving fast above resistances, but it could be a fake break. Let's wait for price action.
AUDCHF is breaking the bullish flag on the upper side. This could confirm a long position after testing the flag.
GOLD could revisit the next support around 1800 after creating a false breakout. Now GOLD remains bullish, but if it goes up to 1900 and fails to break above I would recommend opening a short from 1880 to 1800 aprox with a SL above the mentioned 1900. If the GOLD remains bullish after breaking the resistance we could open a long looking again for the next...
Based on the recent performance of the CAD, and the weaknesses showed up on the AUD, we see a short term downtrend to touch the support
Based on recent performance, the candles, and the potential short term strength of the Japanese Yen, we see a potential downtrend on the GBPJPY
1.90-1.91 is a huge support, we can break it and go for 1.80-1.82. On the other side, if we break the trendline, we could look further advance
We expect a move up in the NZDJPY following a correction... wait and see if it goes on.