seems like a midterm reverse on eurusd..also dollar moves down after completin a 3drive pattern
a potencial harmonic pattern on GBPCHF is about to complete. which is also on a parallel channel. enter trade after completion ...sl outside the channel..tp channel bottom or 61% of AD.
AUDNZD just broke its long-term weekly triangle. tp is same height as the formation of triangle.. sl just above triangle line.
Dollar moves down after completin a 3drive pattern ...could be a harmonic after reachin D point.. also eurusd is on its midterm channel bottomwhich seems to reverse..
dollar seems to make amove on completion of a harmonic pattern which is now over brought on stocastic..tp should be channel bottom.
a potencial move on Gold is about to begin.. keep an eye on USDX to further move.
as dollar bulls and oil price falls usdcad has a potential bullish move towards channel top.
both possibikity on CADCHF. BUT for reverse swing wait till MACD crossover on H1.
USDX is on a ascending channel on weekly chart which is now on a ascending channel on a daily chart. beware of friday NFP report.
GBPUSD is on the edge of its channel top..Also dollar seems to be bearish again. looking for a possible breakout... but for confirmation i will enter after break and close on a 4hr chart.
EURCAD is on the edge of a possible reversal... Oversold On Stocastic . but for confirmation wait till 1hr DMI crossover. tp channel top . sl below channel.
Breaking its long term daily channel sets a target to 1313. which is now on a symmetrical triangle with a 1:10 risk ratio.
time to get in in the trade...main target 1.7829 but if u r a swing trader like me then close ur position on second channel top and try catch later at bottom again.
lonterm channel break on NZDUSD. also dollar seems to be bearish by the grace of mr. trump. Target .70 (same hight as the channel)..
Usdchf is on the edge of its channel bottom.. if it break it has a potential short trade same hight as its channel. trade when channel breaks and close on a 4hr chart..and keep sl inside the channel.