Suspect equal highs on EU to be raided in NY and then sell off from 1.1636 level to attack old lows. In other words we need to grab liquidity before strong release to downside.
85.312 area looks very nice for a bounce higher. Similarly to USDJPY. JPY is weak and AUD and USD are strong.
Looks like uptrend is resuming. Watch the 113.93 area for a bounce and continuation higher.
5.58 area looks great for scaling in. Ideally we pull off a stop run into a pocket of price action to then push higher.
Nice swing low developed on EG indicating G weakness and came into a "pocket" in London's trading. Expect upside.
Overall bullish looking for an entry higher. Specially after running those near term M15 lows. In other words looking for stop hunt before upside.
Clean momentum to upside. 1.38 is nice area to accumulate longs. Dollar still bearish.
Highs in energy market are not in yet. Liking the current levels for push higher. Fundamentals also support the idea.
Looking to scale in 82.3 level for more upside. Previous prognostication delivered heavily.
80.55 should hold. Taken stops and looking for it to expand to attack the lower highs 83.73 and above.
Want to see EU attack the yesterday's high now that we taken stops in London open.
I like a final run to take London stops to then attack the lows once again. Daily chart is bearish and already had a stop hunt.
Would be nice to see a raid on buy stops before rolling over during or right after NFP. Target unchanged around 1.1507.
Looking for potential moves to unfold. Specific levels for targets and areas that would negate these ideas.
If EU struggles to move past 1.167 then I am looking for much lower for this week. 1.153 first target.
We highlight what the next likely draw is and pairs that are, and setting up to be interesting in the future.
US to attack yesterday's high from pretty much where we are now. 1.28 could be nice target.
7220 could e be nice level to turn lower one again. Looking for 7155 and below.