FX:EURJPY EURJPY created a microstructural level, which is being tested by price now. There is a good chance we may see a slight pullback from resistance to retest this about 50% of the move. Price could also reject from the level to create lower lows.
FX:AUDUSD This area seems to be acting as a level of support. We also have a downward trendline line. If this downtrend continues there is a chance that we could see a retest of the trendline. Lately, the momentum has been strong. Price could continue to move to the downside without testing the trendline.
FX:AUDUSD AUDUSD has been in a downtrend since the AUD session. We have multiple rejections at the level, so there is a chance that this price point could prove to be support. If so we will see a retest of the highs. We could also see a deeper dive with this downtrend before the pullback.
FX:AUDUSD Looking for a short-term buy here on AUDUSD. We currently have a downward channel on the 15-minute time frame. If support holds at the lows of this channel there is a chance the highs could be rested. The dominant trend is to the downside, if price continues to push through the lows I'll take advantage of the downtrend with the break and retest...
FX:USDJPY USDJPY formed a double bottom on the 4-hour time frame. If this candle holds at the neckline there is a good chance that we could see price retest the 50 Fib. We could also see a rejection at the 200 EMA on the 4-hour time frame giving us a bear flag.
FX:GBPUSD The momentum on GBPUSD looks like it is heading to the downside, but there is a chance that we could see a retest of structure before making that move. Price could also fall shy of our zone at the highs and take out the low around 1.26200
FX:EURUSD EURUSD created a new high. In doing so a double top was formed on the 2-hr time frame. After momentum has been shifted to the bear side. Let's see if price will pull back to fill imbalance before continuing the fall. We could also see this area being used as support if it holds, and the uptrend could continue.
FX:EURUSD Price retested the lowest candle on the 4-hour with a wick. Let's see if this rejection will be enough to push price toward the highs. We could see a pullback from this area where we have multiple rejections that may break the lows.
FX:USDCAD USDCAD has been traveling in range. If price manages to hold above this level we could see a retest of the highs before we get another move We could also see the bearish momentum continue to retest the lows.
AUDJPY has created a beautiful impulse, if price pulls back to retest structure we can take advantage of the buy toward the highs Price could break below this area and create a deeper pullback.
Look like a potential bull flag forming on the 4-hour time frame. Let's see if the highs are broken to capture liquidity. Pride could continue to downside to test the trendline.
USDJPY gave a short-term pullback. It looks like we could get a reelection around the 38.2 level on the Fib. There is a double top at the highs right above liquidity that needs to be retested Price could also continue the fall and retest the 23.6.
EURUSD gave us a retracement retest the breakout point of a bullflag. If price holds right here we could see a rejection to capture liquidity before continuing the downtrend. Price could reject at micro support and continue to fall
Gold pulled back to fill the imbalance and capture liquidity, but the momentum is still bullish on the higher time frames. If price fails to break below this level of support, which also has a double-bottom above it, the most recent high will be broken to test the high daily. We could also see price continue the fall and retest the lows around 1970.
OANDA:US30USD US30 created range on the 30 min time frame and broke above it to create a higher high. This move reflects as a bearish divergence on the 4-hour time frame and multiple rejections at the lows formed not only support but liquidity. Let's see if the market will pull back to capture the money in this area. Price could also reject the most...
FX:EURCAD EURCAD has been bullish for the last few weeks giving us a beautiful uptrend for 260 pips on our last trade. Recent price action has created a few rejections on the 1-hour time frame creating a microstructural resistance level. Suppose price manages to pull back to the previously broken level of resistance and fails to break above. We could see a...
FOREXCOM:XAUUSD I'm looking for a short-term sell here. I would like to see how price responds after testing the .236 level this trade activated let's see how it turns out. If price breaks above let's wait on the retest to enter the buy.