Failing US fundamentals due to trade war and a strengthening japanese currency based on G7 summit should cause for a reversal in USDJPY
Double top, retest of 61.8, break of trend line Fundemental break down of GBP as borris johnson approaches a no deal brexit
CAD is gaining global traction, GBP gains will be blunted from going much higher with brexit looming in the near future.Expecting a reversal to the downside here.
Expecting a rejection off the prior trend line with weakening us sentiment.
We have USDCAD at critical resistance. Should pull price back with failing fundamentals behind the green back. Use Trend line as entry, and short the top. Big risk/reward.
I imagine the market will continue to range here untill there is further news on the trade talks with china.
We saw that GBPUSD Broke down into the lower zone here, and rejected off of prior support. We can now reasonably consider that the bulls will retreat back to their prior points of support. Fundamentally we see that recession fears are receding, as such we see a stronger greenback forming.
Above major support, strong drive, fundamental support.
Supply line is holding strong. Likely reversal down to key level is expected.
ascending triangle with upwards resistance and exhaustion in volume.
exhaustion on daily 10 different types of divergence ascending triangle. Overdue correction.
Looking for a small retracement on the gold run, break and retest is active. waiting for market to open to see entry.
If it breaks the triangle we will go down to traget. If it breaks up we will see a correction back before going long.