


On EURJPY, price has been in a correction phase for weeks now and has created a bullish continuation pattern to resume its prior trend. We also have an engulfing candle at the 3rd touch of the trend line which is a strong confirmation for an onset of the bullish trend.
CADCHF has being bearish for a while and currently approaching a support zone correctively which indicates the existence of few sellers at that level. I will be looking for a possible reversal with either a chart pattern or candlestick confirmation .
EURGBP can trade at 0.86905 looking at the current pattern that has been presented
US 30 just broke out of its bearish flag indicating a move to the downside
GBPCAD approached a daily resistance level (1.61805) correctively which created a rising wedge pattern indicating a potential reversal to the downside. There is a breakout of the wedge pattern and expecting price to push lower to the support trend line at 1.59400
USDJPY has broken out of its bearish flag pattern and expected to push to the downside.
There is a change of character on the daily time frame of GBPCHF and also and break and retest of a resistance as support with a bullish flag pattern
GOLD is bullish on the D1 time frame and at the moment pulling back, to trade with the trade, we have to wait for shift of the downtrend(pull back) to the uptrend and that's what we have now. There is a change of character on the 4h time frame indicating the end of the pull back and the beginning of the continuation of the bullish trend
USDCHF has completed its cycle on the 4H time frame and likely to retrace before the continuation of the bearish trend. On the 15mins time frame, we can see a corrective nature of the market which is forming a falling wedge indicating a bullish move.
On US100, we have a change of character on the downtrend indicating the onset of a bullish trend. Price also created a double bottom pattern before reversal and currently, we have a break and retest of the neck line of the double bottom.
On USDCHF, we have the market trading to the downside with a very strong bearish impulsive moves. Currently there is a pull back(correction phase) which can resume the prior impulsive nature once we have a change of character on the current pull back.
USOIL, we have price breaking out of the ascending channel and currently in the impulsive phase
USDJPY has changed character on the lower time frames and on the verge of going to the upside
On EURAUD, we have a change of character on the 4H time frame indicating the end of the pull back
On EURAUD, there is a break of the neckline of the double bottom and currently retesting for a possible move to the upside
We have the presence of a bearish continuation pattern indicating a continuation of the downtrend
We are having a double top formation on the 1H time frame with the break and retest of the neckline
On GBPCAD, there is a change of character on the 4h which indicates an onset of a bearish trend on the Lower time frame