GBPCAD LONGX marks the Spot.
For a Bullish Price Action, we had a breakout of the Local High to the Upside after ranging for about 20 weeks. I expect more UPsides in th coming weeks.
1st Target at 1.77600
2nd Target at 1.84550
3rd Target at 1.92870
For a Bearish Price Action, I expect a retracement around the 1.84550 region to make room for further Bullish continuation. Target at 1.77600
I am still Bullish on this cross. Look to BUY on pullbacks.
POOL
EURUSD LONGX marks the Spot. For a Bearish Price Action, I assume the Bears are exhausted at this 1.13 level. A small tap into Liquidity at 1.13000 may occur. Expect a Gap UP at Market open.
For a Bullish Price Action, I expect a move Higher this week. 1st Target at 1.15000. 2nd Target at 1.16000. Best case scenario, 3rd Target at 1.18000.
I am Bullish on this pair this week. My Target at 1.16000
EURAUD SHORTX marks the Spot.
For a Bullish Price Action, I expect we hit 1.63620 Supply Zone before heading lower. Price may extend higher to 1.66220 to tap liquidity around that zone. I will be looking for SHORTS there too.
For a Bearish Price Action, I expect the Bears to step in once we touch these zones and drive price lower.
1st Target at 1.55950. If we don't bounce here....2nd Target at 1.51580
EURJPY SHORTX marks the Spot.
For a Bullish Price Action, if the 126.600 Support holds, I expect a bounce to 133. This is quite unlikely.
For a Bearish Price Action, expect more DOWNsides in the coming weeks.
1st Target at 124.400
2nd Target at 122.400
Worst case scenario, 3rd Target at 114.800.
I am still bearish on this cross.
Look to SELL every Rally so long as price remains below 128
GBPJPY SHORTX marks the Spot.
For a Bullish Price Action, If we hold the 139.500 Support, I expect Higher prices UP to 150. This is quite unlikely.
For a Bearish Price Action, I expect further selling pressure in the coming weeks. Next Target at 136
I remain Bearish on this cross. Look to SELL every rally below 144.
USDJPY SHORTX marks the Spot.
For a Bullish Price Action, I expect a slight bounce to the 111.38 region. Another bounce at the 108.119 region. This will be short-lived.
For a Bearish Price Action, I expect the Bears to continue to drive this pair lower.
Look to SELL every rally.
1st Target at 109.8
2nd Target at 108.119
Worst case scenario, 3rd Target at 104.660
USDCAD SHORTX marks the Spot. The Loonie appears to be in an ascending trendline. I expect a break of that trendline this new week.
For a Bullish Price Action, I expect BULLS to challenge the Clean Highs at 1.33205 if we get enough steam.
For a Bearish Price Action, I expect a rejection at 1.32600 to tap into the Liquidity pools (Marked X). 1st Target at 1.30000. 2nd Target at 1.28000.
I am Bearish on this pair this week.
EURAUD LONGX marks the Spot. For a Bullish Price Action, I expect BULLS to challenge the Clean Highs on the 4hr at 1.57560 and tap into 1.58500. 1st Target at 1.58500. 2nd Target at 1.60000. 3rd Target at 1.64000
For a Bearish Price Action, I expect a rejection at 1.6000 back to 1.56350 Demand region.
I am Bullish on this pair this week and would be adding on any dips.
Dollar Index SHORTX marks the Spot. For a Bullish Price Action, I expect one more push to the 97.20 level before the move down.
For a Bearish Price Action, Dollar Index has a long way down. I expect the Liquidity pools (Marked X) to be hunted down to 93.10 region.
I am more Bearish than Bullish on the Dollar Index. 1st Target at 95.70. 2nd Target at 94.45. 3rd Target at 93.
GBPNZD LONGX marks the Spot. For a Bearish Price Action, I assume the Liquidity pools (Marked X) have been hunted, but I still expect one downward pull to the 1.89300 Demand region before the move UP. However, I am more Bullish than bearish on this pair.
For a Bullish Price Action, 1st Target at 1.96400, 2nd Target at 1.99850. 3rd Target at 2.0550.