A correction down to below H4 Ks @ 1.8032 is expected now . Watching to Short.
AUDCAD: Stabilizing and hovering above H4 Kumo SenkouA @1.004xx . Now parity provide support, and look out For a Bullish Continuation Signal.
EURGBP Tried to rally during the session on Wednesday, but as we can see gave back about half of the gains Because of this, we are sellers on a neutral H4 Ts/Ks cross, believing that the market should continue the downtrend. Below 0.7914 would target 0.770x.
With the bearish outlook , watch for a pullback. If price stalls around H4 Kumo area. Look for a bearish continuation toward the 2014-low.
We can be pretty sure it is a continuation move above KeyPoint @ 1333.74 .Still weekly support area as Future SenkouB as a logical area for the stop-loss order to avoid any deep spikes.
GBPUSD: After two successive PinBars testing a previous support as Daily Ts Area @ 1.7092 and then resuming Upward movement.
Last session the market printed Bullish Candle @ Ts on the daily chart ... we will see Cloud breakout as prices are driven into movement towards the resistance 1.848x.
Currently we are at 1.555X. Price now warns about the potential of changing price direction.
GBP/USD Looks promising following a Bullish Candle formation near daily Ts area . Still 1.7300 on the radar :-)
The high at 0.9505 overshot Around Pre Bubble chikou Span & 76.4% pullback of the 0.9758-0.8660. A close Daily/Weekly below Weekly Ts (Now @ 0.9354), if seen, would be a bearish and suggest a retest of the recent bottom of the Daily cloud and lows at 0.9203.
GBP/AUD After consolidating inside a descending triangle pattern, showing a potential range play longer-term bias for swing.
AUDUSD rose during the course of the week, finding weekly support level (SpanA) @ 92.50 and rose during the session today, staying above daily cloud support area @ 93.00 It appears that we are getting ready to go higher, but will probably struggle to reach the 0.95 level in the meantime.
EURGBP is struggling to maintain upward momentum. watching 4Hrs resistance area to go short.
Temporary recovery open which would need a break above 1.3636/58 though to be kick-started to free the way for rebound to 1.3707/88.
If price continues to weaken, we could see the market go lower to next weekly (Ks) support area in the coming days.
Currently we are below 1.4769/26. We are looking for a bearish continuation to next weekly support Now @ 1.4467
The AUDCHF surged higher from the Daily Kumo support level near 0.8200. This support has clearly held as price consolidated above it. We can watch for buy signals near 0.8290/0.8300 in the coming days should the market retrace back down to it.