As we can see that once price touches the marked support zone it heads towards the marked resistance zone so I'm anticipating the same to happen again. So, we can plan long entries over here.
As we can see that GBPUSD is rejecting the major support zone so we can plan long trade over here. Target will be the marked Resistance zone.
As we can see that Head & Shoulder pattern has been formed on USDCHF and we have got the break out of the neckline and also the retest at the marked support zone so we can plan short trade over here.
As we can see that Head & Shoulder pattern has been formed on USDCAD so breakout of the neckline will result in downward movement.
As we can see that GBPAUD has rejected from the confluence of trendline, resistance and 0.50 fib level so all these confirmations indicates towards the high probability of the setup. So we can plan short trade over here.
As we can see that AUDUSD broke support zone and is currently sitting at the major support zone and also showing bullish divergence. so it can turn out to be a fake out that might have been created just to retest the major support lying beneath. so we can plan long positions over here if we see some sort of bullish confirmation.
As we can see that XAUUSD has bounced from the confluence of two well respected trendline. It can be a bit risky because of the strong bearish momentum that we witnessed on last trading day but XAUUSD is still bullish because the structure is still not broken.
As we can see that EURJPY is rejecting a well respected trendline with the confluence of major support zone.
As we can see that GBJPY is rejecting a well respected trendline with the confluence of major support zone.
As we can see that EURUSD is currently rejecting the Strong AOI so we can look for buying opportunities. For targets refer to the chart above.
As we can see on AUDUSD that once it rejects from the marked resistance zone it moves towards the marked support zone. so we can plan short positions accordingly.
As we can see on hourly timeframe that head and shoulders pattern has been formed on XAUUSD. so we can plan long positions accordingly.
As we can see on EURUSD that a inverted Head & Shoulder pattern has been formed and in right shoulder we can see a another mini inverted Head & shoulder pattern so we can plan long positions once we see break and retest at the neckline of mini inverted Head & Shoulder pattern.
As we can see on USDCHF that once it rejects from the marked resistance zone it moves towards the marked support zone. so we can plan short positions accordingly.
As we can see that USDCAD is rejecting a strong resistance zone so we can plan short position over here. For Target refer to the chart above.
As we can see that Head & Shoulder pattern has been formed on USDCHF so we can plan short positions over here. For Target refer to the chart above.
As we can see that EURUSD is forming a inverted H&S pattern so we can plan long trade over here. For Targets refer to the chart above.
As we can see that inverse head & shoulder pattern has been formed on XAUUSD so I am expecting a push to the upside. For targets refer to the chart above.