I like the technical picture on the AUDUSD. It will be a long after overcoming and fixing of prices above the 0.7580 level. I’ll look for the point of entry into the market at the smaller timeframes. Potential movement - to the local resistance 0.7625.
GBPUSD is good for long today. I’ll buy after the breakthrough and retest of 1.2485 level. Potential movement - to 1.2535. This position will be accompanied by trailing stop.
The New Zealand dollar trades near the strongest level of support (0.7070). I’ll sell in case of breakthrough of this level and appearing of additional evidence at smaller timeframes. Potential movement - to 0.7035.
I expect correction on the USDJPY pair. A strong reversal pattern (Pin Bar Price Action) has formed on D1 chart. I’ll sell after the breakthrough and retest of 108.75 local support level. Potential movement - to 107.75. Trailing stop can be used in this transaction.
The AUDUSD currency pair has a downward trend since the beginning of November. I plan to look for an entry point in the current trend direction. I’ll sell in case of overcoming and fixing prices below the 0.7460 local support. Potential movement - to 0.7410.
I’m going to open a counter trend bullish deal on the EUR/USD pair today. In case of breakthrough and retest of the 1.0620 resistance level, I will buy. Potential movement – to 1.0675
GBP/USD is for short today. I’m going to sell after the breakthrough and retest of the local support level (1.23900). Potential movement – to 1.2355.
I expect the correction of USD/JPY. I’m going to sell in case of breakthrough and retest of the 110.500 local support level. Potential movement - to 109.650. The point of entry into the market should be found at M5 and M15 timeframes.
Kiwi reached the strongest demand zone 0.7290-0.7335. I expect a correction at the moment. I’ll buy if the price overcomes and consolidates above the local resistance level (0.7360). Potential movement - to 0.7405.
I am waiting for the downward movement on USD/CAD. I’ll sell in case of breakthrough and retest of the 1.3400 support level. Potential movement - to 1.3350-1.3325. The position will be accompanied by trailing stop.