Fxsignals
CHFJPY: Pullback From Key Support 🇨🇭🇯🇵
There is a high chance that CHFJPY will pullback
from a horizontal daily key level.
I see a nice confirmation after its test - an inverted cup and handle pattern
and breakout of its neckline.
I expect a bullish move at least to 167.75
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EURAUD: Intraday Bullish Confirmation?! 🇪🇺 🇦🇺
Update for EURAUD.
Earlier, we spotted a confirmed Change of Character on a daily
and a violation of a significant resistance.
Today, we see a retest of a broken structure.
The price formed a bullish flag pattern on a 4H time frame
and broke its resistance line.
We can expect growth now.
Next goal - 1.662
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AUDUSD: Pullback Trade From Support 🇦🇺🇺🇸
On a today's live stream, we discussed a pullback trade on AUDUSD.
The price tested a key daily horizontal support
and formed a cup and handle pattern on that.
Its neckline breakout is our strong bullish confirmation.
The pair will most likely grow now at least to 0.6728
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EURAUD: Pullback From Key Level 🇪🇺 🇦🇺
EURAUD may pullback from a key daily horizontal support.
The pair looks very oversold after a recent bearish rally.
On Friday, the price formed a double bottom pattern on a 4H time frame
and broke and closed above its horizontal neckline.
We see its retest at the moment.
The price will reach 1.6376 level soon.
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EURAUD: Very Bullish Outlook Explained 🇪🇺 🇦🇺
EURAUD may pullback from a key daily horizontal support.
The pair looks very oversold after a recent bearish rally.
On Friday, the price formed a double bottom pattern on a 4H time frame
and broke and closed above its horizontal neckline.
We see its retest at the moment.
The price will most likely reach 1.6376 level soon.
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CADCHF: Bearish Move Confirmed?! 🇨🇦🇨🇭
CADCHF broke and closed below a support line of a quite an extended
horizontal trading range on a 4H.
Taking into consideration that the sentiment was strongly bearish
before the formation of the range, we may assume that selling
volumes were accumulating within.
A breakout may signify a bearish trend continuation here.
Goals - 0.623 / 0.621
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XAGUSD - SWING SHORT idea Price made a false breakout of the previous week high with a strong bearish reaction. Also, the start of the new week will probably be manipulation with distribution lower.
A great sign of weakness is when the new week candle open, makes a false run on one side with a a sweep of liquidity (many traders are trapped), and then distributes on the true side.
AUDUSD: Pullback From Resistance 🇦🇺🇺🇸
AUDUSD may keep retracing from a key daily structure resistance.
The price formed a cup & handle formation on that on an hourly time frame
after the market opening.
Its neckline was broken during the Asian session.
The pair may reach 0.6263 support soon.
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AUDJPY: Pullback From Resistance 🇦🇺🇯🇵
AUDJPY may retrace from a key daily/intraday horizontal resistance.
As a confirmation, I spotted a double top pattern on an hourly time frame
with a confirmed breakout of its neckline.
We may see a retracement at least to 97.7 level.
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GBPCHF: Multiple Time Frame Analysis & Bearish Outlook 🇬🇧🇨🇭
GBPCHF may retrace from a key daily horizontal resistance.
The price formed a triple top pattern on that on an hourly time frame
and just broke its neckline.
We can expect a retracement at least to 1.118 level now.
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GBPAUD: Pullback From Support 🇬🇧🇦🇺
I think that there is a high chance that GBPAUD will bounce up.
I see a nice confluence between a daily horizontal support
and a support line of a horizontal range on a 4H time frame.
The price may pull back and reach 1.9468
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EURGBP: Pullback From Key Level 🇪🇺🇬🇧
I think that EURGBP may retrace from a key daily horizontal resistance.
After its test, the pair broke and closed below a support line
of a rising parallel channel on an hourly time frame.
The market may reach 0.8544 level soon.
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NZDCAD: Bullish Sentiment Confirmed?! 🇳🇿🇨🇦
NZDCAD has a nice potential to grow after a test of a major rising trend line on a daily.
I see a clear sign of strength of the buyers on a 4H time frame with a double bottom formation
and a confirmed change of character.
I think that the pair will reach 0.82 level soon.
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AUDUSD: Shorting After Breakout 🇦🇺🇺🇸
AUDUSD is retesting a recently broken horizontal support.
The price formed a rising wedge pattern after a breakout
and a double top formation after a retest.
Neckline and a trend line of both patterns are broken.
We can expect a bearish movement at least to 0.6537
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AUDUSD: Bearish Outlook For Next Week 🇦🇺🇺🇸
AUDUSD broke and closed below a key daily structure support.
After its violation, the pair started to recover steadily within
a rising wedge pattern.
Retesting the broken structure, the price formed a double top pattern.
After that, the market violated both the neckline of a double top and a trend line
of a rising wedge, giving us a strong bearish confirmation.
We can expect a bearish movement on Monday.
Goals: 0.6537 / 0.652
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