Unfortunately, the last trade did not go through, here is an update. It is only a matter of time before this metal is launched at 1730
Considering that XAU/USD is on strong support and on the trendline, our position in this situation would certainly be long. Minimum to some 1732 where it meets 382fib and short trendline
NZDCHF what we can see is that it is at a strong level and support. Considering that this pair is quite exhausted, buying this position is a small risk.
GBPUSD seems to be heading towards the first short opportunity. If that breaks through, our next position will certainly be at 382 fib, or 1,222 area.
Good day traders, this would be our setup today, strong structure plus on ideal fib, plus on strong trend.
Chances are high that GBP / CAD will go above this price. But the scenario that is possible is to go down to 1.71800 and from there go the real long.
USD / CHF is oversell, plus it is on a strong weekly structure, plus it has not done any retest. I think it's an obvious trade, lol
For AUD / JPY we have two solutions, and both are long. The first solution is 80,500 areas, the second in case it closes below, then certainly 79,900 areas.