GBPUSD hitting monthly support 1.26 to retest at the bottom of bullish channel after punching through the roof of the down supertrend, hovering on the middle of the bollinger band. Potential rejection and reversal to the upside towards resistance levels 1.36, 1.42, and 1.48.
On the 4H, there are many indicators for divergence, which potentially indicates a bullish reversal soon. Also, the extended M pattern is probably complete with the rejection to the upside from the current support level.
USDCHF refilling at demand zone and about to reverse. Rejecting 4H bollinger bottom and 1D bollinger mid. Latest COT shows institutional bets are for a stronger dollar and weaker frank. Initial target 0.9250 Final target 0.9450
NZDJPY COT on institutional leans towards upward push. Sentiment is increasing towards long. Exit at 2nd supply zone.
CADCHF already had a double bottom on the daily and is about to go up to upper bollinger band. Sentiment is currently at 90% long so likely to ascend. Exit at first supply zone @0.68
CHFJPY falls below EMA, ALMA, and daily mid-bollinger band. It might continue its descent until it hits support on 155.6.
AUDUSD is attempting to go up to the top of the bollinger band on the daily and the first supply zone. Exit at first supply zone area.
CADJPY imminent reversal to the downside on the daily. Target 104.4
USDJPY imminent reversal to the downside on the daily. Target 135.4
EURGBP touched demand zone and is about to bounce back up. Exit at first supply zone.
USDJPY about to have a correction downwards. Exit at mid bollinger band
BTCUSD is now poised to bounce back up. Exit at 1st supply zone.
NASDAQ is losing steam and about to retrace down. Exit at 1st demand zone
EURUSD formed a bullish harami on daily and about to reverse upwards. Exit at 1st supply zone.
EURUSD refilling at demand zone and about to bounce back up. Exit at supply zone.
USDJPY is likely to continue its trends upwards. Exit at 2nd supply zone.
AUDUSD touching supply zone about to reverse. Exit at 2nd demand zone
GBPUSD is currently touching supply zone and about to make a reversal. Exit at 2nd demand zone.