My insight on EURJPY is short due to lower Highs being created on a bigger TF showing that pricing is trending downwards.
My technical analysis indicates that a bull run on BTC is developing, with a potential target of 120K. The reasoning behind this is that price has been consistently respecting my support and resistance channels, while the formation of higher lows confirms an uptrend.
Keeping an eye on the USoil prices breaking above 120.00 and 140.00 could be a good strategy for potential market growth, and reaching an all-time high would be a significant event. It'll be fascinating to see how the market evolves in the coming weeks.
Based on my analysis gold is now getting ready to melt now. and go down to 1940.00 this is a trade I am going to hold until Next week.
Based on my analysis I believe that Gold (XAUUSD) is going short long term to 1940.00 I've placed son key levels where we can see price will be rejecting before we go short.
Based on my analysis I believe that EURAUD is going to 1.6300
BASED on my analysis and what i see in the market GBPAUD is going to make a HEAD AND SHOULDER formation before we sell to 1.89000
I see support broken that is now resistant and the market structure is currently making a lower high for a new Lower low
I am expecting NZDJPY to BUY LONGTERM to a resistance level of 94.000 because there was resistance that was broken and is now a support
Now we are getting ready to go short on GA to 1.8500 then 1.7800 Longterm the reason is because GA is at key zone that i marked up previously.
The reason im going short on GU is because it is creating a lower high at a key zone before we sell long term
The Reason why I'm going long is because Lower high is being created before we go for the big moves which we will be selling.
I am expecting eurjpy to sell longterm because a LH was created and it is time for for all the BUYERS to get taken out the game LOL
I am expecting GBPAUD to go short into 1.77000 because price created a low high to then create a lower low
I am expecting CADCHF to go short into 0.6900 take profit zone
I am expecting CHFJPY to sell longterm into the res line i set on the chart
I am expecting Eurcad to buy and then sell for a longterm and possible hit the zone i set for it to hit
I am expecting EURGBP to go Long into my red line target in the next couple of days.