GBPJPY has failed to close above key zone on the H4. Looking at lower timeframes we are seeing volume change and equal lows on the 15 which could make a HnS pattern signalling market downwards moments.
GBPNZD closed back underneath a strong S/R zone indicating downwards momentum with bearish volume entering the market.
GU has continued downwards momentum, we have closure below key zone with a retest happening indicating a intraday entry. looking to target previous lows as TP areas.
EURUSD is struggling to make new low at daily support, this could result in a midweek reversal double bottom pattern forming giving us a new intraday trend shift.
AUDUSD has broken below key support turning it into resistance. Since this happens to be a daily head shoulders neckline also this gives me confidence in a further downwards cycle to be shown by AUDUSD .
GBPUSD dipped on MLK day probably due to no banks in the market however, its respecting bullish fibs. ITs showing nice H4 rejection of the zone and was a H1 correction. We could now see impulsive moves higher to make new highs in the market.
This Pair has broken out of a strong support zone with a bearish engulfing with a retest happening on the h1 where dojo candles are forming showing rejection of the zone. Confirmations for trade: Bearish engulfing breaking support. Retest candles on H1 H4 and H1 MA showing bearish volume in market NY open under support becoming resistance.
GBPUSD has made a double bottom structure at Daily support and we have a structure break of the neckline with a MA crossover indicating a bullish volume entering the market.
We have break of a key zone and h4 long downside wicks looking to take market to next major resistance.
EURUSD showing a 38.2% retracement within a channel and has rejected strongly on H4 giving us a pin formation. Indicating downside potential.
We have a strong bullish engulfing at Key Zone Support. With 15 min volume change and structure break to give us confluence for a entry to take the market up keeping in mind this is a bearish market. Taking profit at key zones and previous consolidation areas.
XAUUSD has closed below the 1555.50 Key zone which has been a strong barrier previously. Having Broken this zone during Asian session/ pre London. This is a retest opportunity to potentially see the market fall further. The H4 did not engulf and close above the zone to give us potential long entries.
The MA have shown momentum shift into a bullish push. Price has stayed above the psychological level with a bullish engulfing signalling momentum into a bullish one with a retest to give us a entry to take the market up.
WE have Equal lows providing a base with a MA cross indicating volume change. A double bottom structure with a candle taking over wicks and retesting the zone to give us a entry to the next zone.
We have a H1 volume shift to bearish momentum after last nights drop after a large bullish impulse. It has no closed below a key zone indicating a easy break and retest trade could play out.
EURUSD is giving multiple indications for an upside push: Head n shoulders Momentum shift Strong H4 S/R zone downside wicks along NY open
GBPUSD Is rejecting off the trend line with fib retracments and order block confluence, higher timeframes suggesting we have a higher probability of a upwards push happening.