The market is fractal. It looks similar on most time frames as you zoom out. 30 minute hourly daily weekly
Sunday, July 14, 2019 / 5:30 p.m. PST INTRADAY SENTIMENT BULLISH CADJPY looks to be initiating a reversal north, but this has yet to be confirmed. The same can be said of EURAUD. But at this point, it is rather neutral. GBPJPY is so far forming an upward bowl. BEARISH AUDJPY almost hit my target at 75.64, so I'm going to raise it to 75.66. GBPUSD might be rolling over to head south. NEUTRAL NZDUSD did not follow through on a possible reversal south, so now I'm waiting to see if it pulls back and then bounces north, in which case, I will enter a long position instead. NZDJPY looks confused at the moment. So do AUDUSD and EURUSD. EURJPY USDJPY USDCAD currently looks confused, as does EURGBP. USDCHF
Sunday, July 14, 2019 / 8:30 p.m. PST INTRADAY SENTIMENT: BULLISH AUDJPY AUDUSD CADJPY EURJPY GBPJPY NZDJPY NZDUSD USDCHF USDJPY BEARISH EURAUD NEUTRAL EURGBP USDCAD EURUSD GBPUSD
Monday, July 15, 2019 / 12:05 a.m. PST Everything I'm seeing suggests AUDUSD ought to be heading higher in the near future... GBPUSD might be neutral at the moment from an intraday perspective, but from a day-to-day standpoint, it is definitely bullish! So is NZDUSD.
While I do see statistical support not far below, my weekly trend line just recently turned south, so EURAUD could very well ride statistical support downward for an unlimited length of time.
Monday, July 15, 2019 / 12:40 a.m. PST INTRADAY SENTIMENT In Light of the Bigger Picture... BULLISH AUDJPY It lost day-to-day momentum of Friday. AUDUSD CADJPY Is still bearish from a day-to-day perspective. EURJPY Is still bearish from a day-to-day perspective. GBPJPY NZDJPY Lost day-to-day momentum of Friday. NZDUSD USDCHF USDJPY BEARISH EURAUD NEUTRAL EURGBP Is still bearish from a day-to-day perspective, but just shot up to the upper level of the intraday price range within the last 45 minutes. USDCAD Looks like it's going to resume its downward trajectory. EURUSD GBPUSD Is still bullish from a day-to-day perspective.
I would not be surprised to see NZDUSD begin falling in the next two to three days... Daily Candlesticks
Monday, July 15, 2019 / 8:30 a.m. PST INTRADAY SENTIMENT from before, with updates... BULLISH AUDJPY It lost day-to-day momentum of Friday. UPDATE: Has retreated from the high 13 hours ago and has gone nowhere in the last 8 hours. AUDUSD Has gone nowhere in the last 12 hours and will soon have to decide if it wishes to remain bullish or if it is going to turn south. CADJPY Is still bearish from a day-to-day perspective. UPDATE: It's now bearish from an intraday perspective as well and will be removed from this list accordingly. EURJPY Is still bearish from a day-to-day perspective. UPDATE: It is also now bearish from an intraday perspective as well and will be removed from this list accordingly. GBPJPY It's now headed south and will be removed from this list accordingly. NZDJPY Lost day-to-day momentum of Friday. Has gone nowhere in the last 13 hours. NZDUSD Has lost ground in the last 5 hours. USDCHF In actuality, the pair continued its bearish day-to-day trajectory rather than follow through on its attempted intraday climb. UPDATE: But it has now turned north as of about three hours ago. USDJPY Returned to its bearish day-to-day rather than follow through on its attempted intraday climb. UPDATE: But it is now poised to reverse its day-to-day trend to the north if it continues to climb from 107.93. BEARISH EURAUD NEUTRAL EURGBP Is still bearish from a day-to-day perspective, but just shot up to the upper level of the intraday price range within the last 45 minutes. UPDATE: It is now bullish and will be removed from this list accordingly. I should have set my take-profit target a lot higher... (I bought EURGBP after noticing the previously mentioned signs of a reversal north.) USDCAD Looks like it's going to resume its downward trajectory. This was true, but it just turned north within the last 90 minutes. EURUSD Looks very confused. GBPUSD Is still bullish from a day-to-day perspective. Since my last observation before retiring for the night, it made a dramatic intraday turn to the south as well.
Monday, July 15, 2019 / 8:40 a.m. PST NEW INTRADAY SENTIMENT KEEPING THE DAY-TO-DAY TREND IN MIND: BULLISH EURGBP NZDJPY NZDUSD BEARISH CADJPY EURAUD (I would have entered a short position had I been awake when the structure was right.) EURJPY GBPJPY GBPUSD NEUTRAL AUDJPY AUDUSD EURUSD USDCAD USDCHF USDJPY
Monday, July 15, 2019 / 1:00 p.m. PST At this point, I think it's probably safe to return AUDJPY and AUDUSD squarely in the bullish column. I'll do the same for USDCAD if it rises after the next pullback.