AUDCAD is not making any clear higher highs or lower lows, therefore support and resistance strategy is suitable
NZDUSD has formed a bearish flag continuation pattern indicating further downside
EURJPY has formed a bearish Flag continuation pattern which indicates the continuation of bearish trend
AUDNZD is not making any clear higher highs or lower lows, therefore support and resistance trading strategies are suitable
EURGBP is not making any clear higher highs or lower lows indicating sideways pattern.
USDJPY has started printing higher highs and higher lows indicating bullish trend. The parallel channel indicates its continuation.
EURJPY is not making any clear highs or lows consecutively, therefore support and resistance trading strategy is suitable.
GOLD has formed Bullish Divergence and has started printing higher highs and higher lows indication of bullish trend
GBPUSD has formed a rising wedge reversal pattern in the presence of divergence indicating possible trend reversal
AUDUSD has formed divergence indicating trend reversal
EURCHF has formed a rising wedge reversal pattern along with divergence indicating trend reversal
NZDCAD is printing higher highs and higher lows in the absence of divergence along with the ascending triangle continuation pattern indicating further bullish trend
GBPUSD has broken its last lower high in the absence of divergence indicating the start of a bullish trend.
CADJPY has formed an ascending triangle continuation pattern which indicates further upside in price action.
GOLD has formed a descending triangle continuation pattern with price action breaking towards the downside indicating near-term bearish trend.
EURGBP has formed a falling wedge reversal pattern signalling a bullish trend reversal. The bullish harmonics pattern also indicates price reversal soon.
AUDUSD has formed the head and shoulders pattern indicating price action to downside. Taking position on possible trend reversal will be suitable.
A harmonics pattern has formed in AUDNZD along with the presence of divergence, indicating a likely reverse in trend.