QNT has formed bearish flag . The rise is unsustainable given market conditions. I expect bottom around 1-5$ range in 2023.
AUDUSD broke the support 0.644 and the rising trendline . Next support is around 0.638 and if price manages to break then it can go all the way down to 0.627.
GBPUSD formed a double top and bearish engulfing on 4h hour chart, looks like investors are going to turn risk off after Trump comments about China.
EURUSD broke the descending triangle on 4h timeframe with a nice bullish candle. Lets see how price reacts to 1.0880 resistance which has held very well in the past two weeks. If price manages to break this area then we can buy euro with first tp at 1.0980 and second tp around 1.114
Price broke ctl and it's headed toward 1.155 region let's wait for a retest and enter short. Let's see how it plays.
Head & Shoulders forming on daily chart small real bodies showing hesitation around this zone.
CADJPY - Price has reached an important level Monthly chart we got strong bullish candle and MA cross to upside. Weekly chart we got new Higher High and 89.000 penetrated. Daily - After strong rrally price consolidated and broke bullish rectangle with strong bullish candle closing above 89.000. Monthly and Weekly closure above 89.000 would confirm long positions...
GBPJPY - Price broke monthly resistance that was previous support , we have broken descending trendline and MA cross.
EURUSD - Price has made new higher high , new higher low expected to be made which aligns with 38.2% fibonacci retracment and will be 3rd touch of ascending trendline if price brokes bullish flag then would give more bullish confluences on this pair.
NZDJPY - After 7 consecutive bullish weeks last week price has shown bearish signs closing as a long legged doji at monthly resistance,also price has formed double top a bearish close this week would confirm shorting oppurtunities.
NZDUSD Price has shown strong rejection we can see long upper shadows, also yesterday's candle has completed a bearish engulfing pattern.
NZDUSD Price is forming ascending triangle we have EMA's cross also. Let's see if Resistance will hold or price will broke it all depends on news today.
AUDUSD Price broke bullish rectangle and we can see strong bullish moves. Next resistance is @ 0.7675.
EURCHF We can see price is forming a falling wedge on this pair. Swiss PPI and Monetary Projections tomorrow will show clear direction.
GBPUSD Price is testing an important zone if U.K has hung parliament price can drop all the way down to 1.24
EURCHF This channel is holding for two days perfectly , possible bounce .
EURUSD We can see clearly that this minor support is holding and this zone is showing bullish implications. I'm seeing this zone more as a buying area and i will take long position after Draghi's speech tomorrow.
USDJPY after it broke box range dropped all the way down filling the gap @ 109.50 as we know gaps serve as support in this case. If price breaks below gap support the next target is 108.50