Shadowcode90

Shadowcode90

EURGBP intraday overview seems to continue its bearish momentum. 2 possible scenario which might see the price will jump to the nearest supply zone (0.84748) or will continue to drop from current price. The nearest demand zone will be at 0.84000.

Shadowcode90

Strong price compression on GBPJPY. Nearest Demand Zone at 160.600 mark. I still waiting for the price action towards the demand zone and how the price approach the zone. the price is still in the building state.

Shadowcode90

EURJPY will test the nearest supply zone 1 again. Shorting EURJPY is more favor now. However, there are 2 supply area need to be clear before the EURJPY to continue to drop. Daily candle show bearish engulfing which tell is the bear still in control in the market. 139.500 is the key resistance to watch. Breaking this point will cause the price will rise further.

Shadowcode90

As 23 August 2022, still bullish on USDJPY. Trend will continue to the nearest demand and bounce back before continue the bullish movement. Short opportunity is still valid as long as the price stay between 138.220 and 139.000. Once the price break the 139.00 mark, the price will have high probability to rise higher.

Shadowcode90

AUDUSD still hold strong bearish movement and bias on bearish state.