NZD/USD Technical Analysis ~~ This counter currently trying to form a wedge formation. ~~ Now, it has formed an ascending triangle with in that & broken to move up further. ~~ Hence, we expect that it will be bullish upto the resistance line.
CAD/JPY Technical Analysis The counter has formed a head and shoulder pattern. It has broken the neckline with a strong bearish candle. We expect the neckline to cap the upswing and push it down from here.
AUD/CAD Technical Analysis ~~ The counter is currently trading around a strong resistance zone that triggered a sell-off previously. ~~ According to the wave, it has now completed the ABC correction for the down move it made. ~~ Further, the entire setup looks like a head and shoulder in the higher timeframes. ~~ Hence, we expect the pair to move down from here to the potential supportive trendline marked in the chart and if it is broken, it could trigger a larger sell-off.
USD/JPY Technical Analysis ~~ The counter is currently in a descending channel formation. ~~ It has made an inverted and cup and handle formation within that. ~~ Further, the price is currently hovering around a strong supply zone. ~~ Hence, we expect the pair to be bearish in the short-term.
EUR/USD Technical Analysis ~~ This counter has formed a descending channel formation. ~~ It has taken the strong support as resistance & bounce back in downward direction. ~~ Hence, it will be bearish from here.
On my EURUSD H3 chart there was no trendline touch (not even close) but certainly wouldn't consider a wick touch by itself enough reason to enter a trade.
BTC/USD Technical Analysis ~~ BTCUSD pair has been in the bullish movement. ~~ Now, it was consolidating @ 10894 after breaking the symmetrical triangle pattern. ~~ Hence, we are expecting that it will be rebound to the upward movement further in the near term.
it is still moving in a small range / consolidation phase, though the day chart shows it is in the up channel.