Market is currently bullish as we can see on the current price action market is respecting the trendline and a possible continuation chart pattern once it break above we can see market keep projecting higher
eurusd has invalidated the weekly equal highs and has broke out to the upside we anticipating a pullback into the trendline fib and trendline for all edge to be in place then once entry trigger has been found we pull the buy trade
dxy has broken and invalidated the equal low so we now in a bearish trend as we can see the clear breakout as long put in this bearish projection we heading down to 94 target
audusd will need to brak the current minor support that holding for further sells all the way down to the first level target
Gold is currently holding a major trendline i would need to see a clear break for more sells to come and take place if not we canbounce from there as there is a possible third touch holding
gbpusd is currently testing the fib level and minor level on the monthly timeframe and a breakout has occur on weekly timeframe now we shall be waiting for further confirmation on the weekly to determine either gbpusd breakout was a false breakout or a trend reversal all the way to the upside 50:50 at the region
Price is still overall bullish and we can see very clearly a push to 4800 is imminent
Gbpusd has broken a major trendline and a minor level and given a bullish engulfing candle I am seeing a 640 pips movement to the upside on gbpusd to 1.34000