karanzabhumi1
From technical analysis there's a pretty good chance with acceptable R:R. The structure of daily time-frame created a probable double bottom structure. The risk and reward can be seen in chart with TP just below expected value of gold. If the structure fail it could create a waterfall into next supply line.
Expanding wedge and support block seems good for longing
Personally I would take 112.400 + Spread as stop loss if USDJPY could hold below 112.000 until the next day. The 112.000 price is the psychological line and it could be retested.
The price is going to do triangle and going up or down into the supply zone before going up too.
Trendline is going to be tested, if the price fail to go up and break the trendline it could go down further.
I am biased in UJ to go down. But be careful because USDJPY piercing 110.5 in short-time could signal bullish power to push more into 111.5 before having a chance to dropping down again.
EURUSD is waiting for the news, I predict the zone where it could signal short or long. Wait for 1H and 4H candles to close. I am biased in going short.
Possible XAUUSD in 4 Hr timeframe. Using simple chart pattern which broke yesterday and now could be consolidation to 1750 as the price could go down first before breaking up or down.
We can see in 30M timeframe. Better watch closely for little retracement.
Strong resistance in 15M timeframe with potential pullback. Watch closely for price action. The pair could make a (low chance) of bullish impulse without retracing.
The price hit strong resistance, watch for a bullish move using your own confirmation.
Using Fibonacci, USDCAD could pull back 1.277 High risk trade, use your own analysis and confirmation
Using Heikin Ashi and few other personal technical tools, this is a high probability setup. If you want a more sure prediction please wait for confirmation (price action confirmation suggested). If the price is confirmed, please use trailing stop because the market could continue the bearish run after a pullback or could be a (low chance) possible reversal to bull run
Yellow rectangle is weekly support, blue rectangle is daily support and resistance, and the purple rectangle is 4h timeframe resistance which turn to support and the little purple rectangle is the possible drawback and key point which will make the setup invalid if a 4h timeframe candle close below it. I hope for constructive criticism, thank you.
AUDNZD shows bearish losing momentum in weekly timeframe and multiple rejections in 4H timeframe with falling wedge pattern to support bullish reversal. Wait for confirmation before entry. The target will be the broken support line that could possibly turn into resistance in the daily timeframe.