AUDJPY: Time For Pullback
AUDJPY may bounce from a key daily structure support.
After its false violation, the price formed a double bottom pattern
on an hourly time frame and broke its neckline.
Looks like the market is too oversold and it may bounce to 101.35 resistance.
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Fxsignals
EURCAD: One More Bullish Pattern 🇪🇺🇨🇦
EURCAD formed a bullish flag pattern on a 4H time frame.
The upper boundary of the flag was broken during the NY session yesterday.
I think that the pair has a nice potential to go higher.
Next resistance - 1.501
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EURCAD Will Keep Growing! 🇪🇺🇨🇦
As we discussed on Friday - EURCAD broke and closed above a resistance line
of a bullish flag pattern.
I bought the pair after the market opening on a retest of a broken trend line.
We can expect more growth and a test of a current high - 1.497
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EURCAD: Time to Buy 🇪🇺🇨🇦
EURCAD will most likely keep growing.
After a correctional movement to a key horizontal support,
the price bounced and violated a resistance line of a bullish flag pattern.
The release of Canadian fundamentals also strongly support the pair.
The price may reach 1.4957 level soon.
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GBPNZD: Bullish Trend Continuation 🇬🇧🇳🇿
GBPNZD leaves clear bullish clues after quite an extended
correctional movement within a symmetrical triangle formation.
A breakout of its resistance line indicates a highly probable bullish
trend continuation.
The price may reach 2.152 level soon
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Looking for USDJPY Set UpsLooking for potential set ups for UJ buys/sells. I was bearish a few days ago with my analysis and profited over 150 on that amazing drop that all JPY pairs dropped into. However, we could be in for a mini reversal until when we see the support trend potentially break. Rising wedge is looking like we can take a possible bearish move in the future.
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GBPAUD: 2 Bearish Patterns 🇬🇧🇦🇺
I see 2 bearish patterns on GBPAUD.
The price formed a rising wedge pattern.
After its support breakout, the market also formed an inverted cup & handle formation.
Both patterns confirm the overbought state of the market.
We can expect a retracement at least to 1.912
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USDJPY: Pullback From Support 🇺🇸🇯🇵
USDJPY looks very oversold after a strong bearish rally last week.
The price is currently testing a confluence zone based on a daily
and 4H horizontal supports.
As a confirmation, the pair formed a cup & handle formation on that
and broke its neckline.
I think that the price will reach 159.0 level today.
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EURGBP: One More Short 🇪🇺🇬🇧
After our yesterday's profitable short,
I see one more selling opportunity on EURGBP.
After a strong bearish wave, the pair started to consolidate
within a narrow horizontal range on an hourly time frame.
The release of morning's UK/EU Fundamentals triggered
a bearish reaction causing a breakout of a support of the range.
I opened one more short on the pair.
Next goal - 0.8415
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GOLD (XAUUSD): Technical Outlook Explained
Gold is currently consolidating within a narrow horizontal range on a 4H time frame.
The reaction of the market to Powell speech was very limited and the price did not
manage to initiate an impulsive movement.
If you are looking for a bullish confirmation,
I suggest waiting for a bullish breakout of an upper boundary of the range.
A 4h candle close above 2371 will confirm a violation.
A bullish continuation will be anticipated at least to 2390.
Alternatively, a bearish breakout of the support of the range
will trigger a further bearish continuation lower to 2338 support.
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USDCHF: Pullback From Key Level 🇺🇸🇨🇭
USDCHF may drop from a key daily resistance.
I see multiple intraday bearish confirmations:
breakouts of a neckline of a double top pattern
and a trend lien of a rising wedge pattern on an hourly time frame.
The price may reach 0.8965 level soon.
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AUD/CAD Bullish Breakout AlertThe AUD/CAD pair has broken out of an ascending channel, indicating a bullish continuation. The breakout is supported by increasing volume, suggesting strong buying interest. Key support is at 0.91500, with the target set at 0.93500. This setup offers a promising opportunity for traders, provided the support holds. Keep an eye on this pair for potential gains.
GBPUSD May Keep Growing! Here is Why 🇬🇧🇺🇸
GBPUSD broke and closed above a key daily structure resistance.
The broken structure turned into support.
Retesting the broken structure, the price formed a double bottom
pattern and successfully violated its neckline.
It confirms the strength of the buyers and indicates a highly probable bullish continuation.
Goal - 1.2795
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GBPUSD: Time For Pullback 🇬🇧🇺🇸
GBPUSD leaves clear bullish clues after a test of a key intraday support:
the price formed a bearish trap that was followed by a bullish breakout
of a minor resistance and a confirmed local change of character.
I think that the pair may bounce to 1.266 level.
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GBPCHF: Important Breakout 🇬🇧🇨🇭
GBPCHF broke and closed below a key daily support.
Retesting the broken structure, the price formed a narrow range on a 4H time frame.
London session opening pushed the prices lower.
The pair broke a support line of the range, leaving a strong bearish clue.
I think that the market may keep falling.
Next support - 1.1224
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EURUSD Long/BuyEURUSD looks like it can go long from here, last two supports have respected the trend and as well the fact being that EURUSD looks like its third wave back up for a retrace after a heavy drop. I have placed the entry, TP, and SL for the trade. Please message me or let me know any questions you may have in regard to this trade or in general about us and our page! Please make sure to follow our page for more daily signals!
GBPJPY Sell/ShortGBPJPY looks like it is in a phase of bearish return in a downtrend channel pattern. We are currently looking to short on the market due to the rejection at level of 200.700 and we will be looking to see a drop of at minimum 200-400 pips before touching the main support trend line. I have my profits set there, however, please feel free to take any profits you wish ahead of time. Thank you and please be sure to follow our page!