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GBPAUD daily timeframe is moving in an uptrend channel and is not in the higher high resistance zone of the ascending channel. A correction is expected to occur following the candle stick price rejection pattern formed yesterday before the bullish trend continues.
EURUSD still maintains bullish momentum after breaking the minor triangle. The pair is heading to the resistance zone of the major triangle.
EURUSD in the daily timeframe has broken the minor channel is set on a bullish trend. Consider Long position.
EURCAD is moving in an uptrend line in the 4hour chart. The pair has now reversed after making the lower low of uptrend
GBPNZD is moving in an uptrend channel range and it reached the resistance level now. Lets confirmed a reversal for a short position.
GBPCHF is at the lower high of the descending channel range, wait for breakout or reversal
USDCAD is falling to the higher low level of Uptrend line. Expect a bullish reversal after the higher low.
Gold is still moving between the range zones where resistance turned into support, and the higher low of uptrend line is reached in another view.
EURGBP has tried to break the descending channel, but rather formed a fakeout because prices quickly sold out and returned to the channel, I think that the currency pair will not be able to renew its top and the price will fall even lower to support 0.847
CHFJPY has formed a descending triangle in the 4Hr timeframe and is currently testing the resistance zone of the triangle.
NZDUSD has now moved to the resistance line of the descending triangle after trying to breakout of the triangle earlier. Breakout is expected any time for a good trade. Be patient with the market.
EURGBP has reentered the descending channel again and is set to continue falling to the support line of the channel. The last candle of the 4Hr TF shows price sellers are in control. Lookout for Short opportunities.
BTCUSD has tested the previous resistance tuned support again at 29329.14 and is now bouncing back to 41359.22 The pair has also broken the resistance line of the descending channel.
EURUSD has broken the support zone of the channel it formed earlier. EURUSD is bound to continue falling
EURGBP 4Hr Timeframe has re-entered into the descending channel. It also came back to retest the resistance line of the descending channel and is now falling.
AUDUSD on the daily Timeframe is growing from the support line of the descending channel at 0.73041 towards the resistance line of the support at 0.74474.
EURGBP 4Hr Timeframe if falling to retest the breakout of the descending channel which it broke out from earlier. Expect growth after the retest.
EURUSD has formed a symmetrical triangle by forming lower highs and higher lows. The trend is currently on the resistance zone of the symmetrical triangle and is on the verge of reversal. Confirm reversal for a LONG positioning. Our Stochastics is also in the oversold region.