Daily TF Fundamentals suggest bearish trend Mon 3pm USD industry expansion forecast positive By Wed 3pm USD showing more industry expansion. Fri 1.30pm CAD employment rate & USD NFP 1) 3 touches of trend line already 2) EMA showing resistance 3) Strong psych level with prev resistance 4) LL, LH, LL, LH, LL bearish structure 5) Descending triangle 6) look for...
8H TF Fundamentals suggest bearish trend Mon 3pm USD industry expansion forecast positive By Wed 3pm USD showing more industry expansion. Thurs 12pm GBP Monetary Policy Summary - unlikely to show much change Fri 1.30pm CAD employment rate & USD NFP 1) Poss 3rd touch of trendline 2) Psych level strong with prev resistance 3) EMA showing resistance 4) LH LL...
Daily TF Fundamentals suggest bullish trend Mon 3pm USD industry expansion forecast positive By Wed 3pm USD showing more industry expansion. Thurs 12pm GBP Monetary Policy Summary - unlikely to show much change Fri 1.30pm USD NFP 1) Poss 3rd touch of trend line 2) LH, LL, HH, HL, HH bullish structure broken out 3) upward corridor 4) Psych level broken through,...
8H TF Fundamentals suggest bullish trend Mon 3pm USD industry expansion forecast positive By Wed 3pm USD showing more industry expansion. Fri 1.30pm USD NFP 1) Poss 3rd touch of trendline 2) EMA in support 3) Upward corridor 4) HH, LL HH LL bullish structure 5) psych level with prev support in 2018 6) Look for candlestick rejections
8H TF Fundamentals suggest bullish continuation Mon 3pm USD industry expansion forecast positive Tues 5.30pm AUD cash rate/RBA statement - unlikely to show change. By Wed 3pm USD showing more industry expansion. Fri 1.30pm USD NFP 1) HH/HL/HH/HL Bullish structure 2) strong psych level 3) upward corridor 4) Strong 4H EMA interaction 5) Already in zone/poss 3rd...
Fundamentals suggest continuation of bearish trend. Although Fri 1.30pm might see CAD strength 1) psych level shows prev resistance 2) LL, LH, HL, HH, HL, HH, LL breakout of bearish structure 3) EMA above and closing in 4) Monitor if it retraces to golden fib zone 5) Watch for candlestick rejections
Fundamentals suggest strong bearish continuation 1) Downtrend triangle forming 2) Psych level 0.69200 with prev resistance 3) 3rd touch of trendline 4) HH, HL, LH, LL indication of bearish structure 4) EMA closing in 5) Look for candle rejections in fib zone
Fundamentals suggest bullish trend. Possible weakness of AUD Wed 2.30am 1) LL, HH, HL, HH, HL bullish structure 2) Psych level 1.06800 with prev support 3) 3rd touch trendline 4) upward staircase trend 5) EMA supporting 6) Monitor candlesticks over next 4 hours
Fundamentals suggest some bullish trend. Some weakness with YEN in news Mon 5.30am and Thurs 12:50am possibly 1) HH, HL, LH, LL, HH, HL, HH, HL bullish structure 2) Psych level has some prev support in 2019 Although might break trendline to 74.600 level 3) 3rd touch on trendline 4) EMA closing in 5) monitor closely candlestick formation over next 4 hours
Fundamentals suggest bullish trend. Possible AUD weakness from news by Wed 2.30am 1) Revisiting psych level 09.4900 2) Re-entered golden fib zone 3) EMA closing 4) Poss 3rd touch on trendline 5) HH, LL, HH, HL some bullish structure 6) Look for candlestick rejections
Fundamentals mixed but suggest still bullish. Poss strength to dollar at 1.30pm Mon. NZD no major news 1) Psych level 0.65900 with prev structure 2) HH, HL, LH, HL, HH, HL mixed structure 3) Upward trend staircase 4) Poss 3rd touch trendline 5) Look for candlestick rejections
Fundamentals suggest strong sell. No major news, a little weakness in JPY possible early Mon morning. A little strength in USD at 1.30pm Mon poss 1) Downward trend staircase 2) Retrace to psych level 106.900 with prev resistance 3) HH, LH, LH, LL, LH, LL bearish structure 4) Poss 3 touch trendline 5) Look for candlestick rejection at zone
Fundamental suggest bearish. No major news although some strength in dollar by Mon 1.30pm 1) Psych level at 1.35500 with some resistance but also support 2) 3 touches on trendline but could go either way 3) LH, LL, LH, LL, LH bearish structure 4) EMA closing 5) Look for candle rejections
Fundamentals suggest bullish. Further strength in the EUR Mon although some dollar strength expected around 1.30pm. Thur might see Euro & Dollar weakened. 1) Pscyh level with prev support 1.14700 (but also at 1.13900 so might break through) 2) 3 touch trendline - might make 4th 3) HH, HL, HH, HL, HH structure is bullish 4) EMA closing in 5) Waiting on candle rejections
Fundamentals suggest bullish Although possible strength in the dollar Mon at 1.30pm Possible weakness in AUD Wed 2.30am 1) Possible 3 touches of trend line 2) Psych level 0.70200 with prior support 3) EMA closing in 4) HH, HL, HH, HL structure is bullish 5) Wait for candlestick rejection