EURAUD failed to reach the 2nd high seems to be targeting a low liquidity zone. If price breaks the 1.58989 white line, confirmation for the low 1.57747 we will be looking for If the white line holds we look for bullish confirmation. Old chart -
After a long down trend EURUSD has finally taken the low around 1.1600 area. We may see a continuation down but need to see price below 1.16500 area. The trend meter still indicates 4h bearish. Note heavy USD news this week, waiting for the market to decide. Old Chart -
Expecting some bullish moves as we can see the trend meter indicating bullish momentum. Yesterday bearish sell can be seen as a hunt move for higher. Should see some retracement then a bullish entry bar for the buy. We have several highs as targets. Last Analysis price retrace lower to the old support area.
Expecting GBPNZD to break the channel for a bearish move. Main target is the last green line (low). CCT Trend Meter indicates Bearish market at the moment followed by a Bearish Entry Bar. Purple circle we can see a break for the channel but price has retrace into the channel again. Thursday GBP News can also affect the movement. Lets see.
EURUSD 4H Trend Meter indicates bearish momentum. We also see bearish price action downtrend lower highs and lower lows. Following the arrow, expecting another Lower High then a bearish confirmation for the sell to the green target line. Keep and eye on Wednesday USD News for a volatile markets.
Price is at the 1st high we marked out. Saw a very strong retracement that retested the support area before the bullish push. Expecting some retracement at this high or a consolidation (green box zone). The Trend Meter reads bullish at the moment, just waiting for other confirmations to show a continuation higher. Last Analysis -
Looking at EURAUD on the 1H and M30 the Trend Meter indicates bullish momentum. Expecting a retracement and then a continuation of a higher high, for the uptrend pattern followed by a green entry bar to confirm that bullish trend. We also see the resistance turning into support. The target areas we aim for the highs.
EURUSD moving as we expected to the high 1.1900 area then being rejected. Expecting some lower pricing as retracement for possible higher. Note EUR Interest Rates on Thursday to keep and eye on. Old Analysis -
AUDCHF reaching our target last week with the move lower on Monday and Today. Small hunt during AUD Interest Rates overnight but still sold off nicely. Where price is at the moment expecting any side of the market, will give it some time to move and find its trend Old Analysis -
Very small retracement on EU this week but a lot of upside seen. Still expecting more buying going into Friday and watching those highs at 1.19000. Keep in mind NFP release + time. Old Analysis -
AUDCHF moved roughly 90 pips since we spoke. Still watching for more upside on this pair as before. If we break pass our line at the high we can look for the green shaded area as a target. Lets see what we get before NFP Friday Old Analysis -
Hello traders, looking for a retracement then move to the high possible 1.19000 area. Note NFP week.
Looking for a retracement then bearish moves to target 0.63720. Possible resistance at 0.68000.