


XAGUSD showing a very strong recoverery from monthly lows this year, Now a clear daily breakout about the trendline has validated a break of the downtrend now seeking moves to the upside with a perfectly formed inverse head and shoulders.
AUDUSD now broken a very big Daily trendline with momentum fading to the upside. Now we appear to have a Head & Shoulders pattern also forming with a clear rejection of the previous trendline now showing the path of least resistance should be down. I shall be awaiting a break of the neckline and a retest before entering a short position.
GBPUSD heading its way back to pre brexit prices with a clear break of the weekly trendline now all signals creating a long should be taken with a target of the psychological price point of 1.50 as a target.
EURAUD has been trading within this huge channel for almost 10 years now so a very significant channel with the Eurozone starting to breakdown a clean break of the low of this channel exposes further losses looking at the 1.40 as the first major target which would provide 1,300 pips
XAUUSD now showing great support from previous resistance and rejection from the descending daily channel in which it has been tracking, thus now making the perfect place to place a long if we were to wish to play out the T-cup weekly pattern with a very big swing target
EURCAD short.... with the ever weakening EUR and oil prices increasing boasting the CAD now technically breaking out towards the downside lower lows looks inevitable to me
USDCNH a big short incoming......... With a 1st stage deal struck and moving on to the next stage..... all technicalls aligning to me for the short to come