cplynady

cplynady

EUR/USD has formed a downward trend and is at the beginning of a big drop. Currently hovering at 1.0911 we saw a price reject and retest at the end of last week. I expect a big drop when markets open this week.

cplynady

GPB/JPY has broken its upward trend line. We should see a retest at 182.65 and then if it rejects past it's current value of 182.3 set your shorts hard!

cplynady

As we approach US CPI data I expect AUD/USD to stay within it's current downward trend. TP at 0.6620 and SL at 0.6670. AUD has remained bearish since news came out they would be more dovish towards interest rates.

cplynady

AUD/USD has created a very consistent price action trend with a very obvious neckline and support line. The turnaround from the previous bottom is certain and I would expect this trade to continue up until the previous high at 0.701. It is very common for trades to form very consistent trends leading up to big news. (Feb 14th. USA CPI data release)

cplynady

NZD/JPY is in a downward trend. We should see a consistent fall down to at least the previous low at 82.9.