Limiting triangle as 4th wave completed, now the cross forms a triangle at the end of a terminal impulsive move. A break above the Apex is in cards.
Keeping a close eye on that possible re-test of the broken wedge. If price recovers from current levels and takes out the 0.7160 area, I'll be looking for further gains towards 0.7500
Typical summer price action - ranges everywhere but this one looks fairly interesting. It could be a break-out but before going long I'd like to see a solid move above 50% line and ideally a re-test because we are in a range and basically anything can happen.
Looking higher here as long as the invalidation level remains intact. This could be a triangle break out, so ideally price should move quite fast, however keep in mind that this is a Daily chart, so patience is needed.
This one does not want to go anywhere and the "Middle ground" is holding suprisingly well. I generally prefer the upside but at the moment anything is possible. We could see a fake move before an actual break.
Anohter round trip today in this pair but nevertheless, if the price reaches 1.30 again, I'll be looking to go short, targeting values below 1.2900. Currently price action is very bullish again and hence I'm not interested in "picking the top".
Like the title says - buying strength. If we take the highs made before the Australian employement data then I'll look for opportunities to go long. Target above 0.7500.
USDCAD is absolutely flying to the upside right now but nevertheless I'm starting to setup a plan to short it. The area of interest is around 1.30 and from there on I'll be looking towards the lower parts of the former channel. First the 50% line and then the channel support. Time will tell if the price reverses at all.
This one is moving higher like a madman but almost for two days now, price has held below the 1.618 extension level. I'm not saying that this is the top because price is well supported and so far every dip has been bought but this is not the area where I want to be long. I'd like to see a pullback towards the main channel to see how price action looks then. But...
From my point of view, nothing's changed. I'm still looking higher and i will continue to do so as long as the price stays above the invalidation level. However, I don't hold any active pos. in the pair at the moment as I'm looking for a move back above the Key Level to see what happens then. Ideally, the safest play here would be to wait until the triangle is...
Looking higher towards the 2nd blue dotted line and if price should break it to the upside, then I'll keep on adding to the long side.
This one reached my first target, after being almost stopped and now I'm looking for more upside towards 1.5750. Price action looks bullish and I like the setup but clearly, FOMC may change everything fairly fast, so there is a significant risk that the whole setup may fall apart.
Nothing to add here. Looking higher towards 1.5680. Invalidation level is clear.
Following my plan and as I said last week, I bought when the price reached the lower blue dotted line. Now, the key remains in the higher blue line. If price should break it to the upside, then I'd say we have a solid case to see further gains towards 1.20 area. Time will tell.
The marked area has acted as support and resistance several times. Important breaks and failures have taken place around current levels, so I'm expecting somekind of reaction here. I do favor the upside quite strongly and if it breaks to the downside, then I'll just let it go. Time will tell.
Price remains in my area of interest and currently I'm looking for signs to short the pair around current levels. However, price action has been very bullish lately so the whole idea may fall apart rather quickly. Nevertheless - I remain bearish for now and I'll keep an eye on the Daily chart for more clues. Time will tell...
Interesting area which may prove to be enough for a bounce higher, however RBNZ is later this week, so anything can happen. Please note that there is still 200-300pips before we actually reach the potential support.
Pretty much unchanged - all the ranges are holding however as price is trading right on top of the lower blue dotted line, I'm considering taking a small long position around current levels. Why small ? Because I'm going to put a SL below the lows as this trade is planned to remain active for quite some time.