Prep Work - Week beginning August 5
EURUSD
Weekly Chart
Chart Link - https://www.tradingview.com/x/40J2as8n/
4 Hour Chart - Horizontal Resistance 1.11250 & Minor Trendline Resistance
Chart Link - https://www.tradingview.com/x/xcHvExMM/
Bias - Short ( Negated above 1.11300 )
Notes - DXY Flame Out Candle , may provide EURUSD upside
DXY Chart Link - https://www.tradingview.com/x/w1flt9To/
AUDUSD
Weekly Chart - On Trendline
Chart Link - https://www.tradingview.com/x/cwb32vKe/
Daily Chart - Horizontal Resistance 0.68240 January 2016 Low
Chart Link - https://www.tradingview.com/x/QQNQdF34/
Bias - Neutral though may get a short term reprieve rally
Notes - RBA on Tuesday & USDCNH near 7.00 may cap further AUD downside
USDCNH Chart Link - https://www.tradingview.com/x/FzLRrOYb/
Short on continued risk off flows & staying below 0.68300
GBPUSD
Monthly Chart - On Trendline
Chart Link - https://www.tradingview.com/x/hC1gNgIe/
Daily Chart - At Support Zone
Chart Link - https://www.tradingview.com/x/1FozhGJF/
Bias - Mildly Bullish
Notes - GDP Friday and Brexit?
NZDUSD
Monthly Chart - Approaching Trendline
Chart Link - https://www.tradingview.com/x/0NnCRpaS/
Weekly Chart - Near Trendline
Chart Link - https://www.tradingview.com/x/KPJ89CAa/
Daily Chart - Near Recent Swing lows 0.64800
Chart Link - https://www.tradingview.com/x/YmGfle3A/
Bias - Bearish Below 0.64750 and watch weekly trendline
Notes - NZ Employment Tuesday & RBNZ Wednesday
USDJPY
Weekly Chart - Broken Trendline to Downside
Chart Link - https://www.tradingview.com/x/RAjWcNq5/
Daily Chart - Resistance 107.00 -107.25 Zone coalescing a retest of Monthly Broken Trendline
Chart Link - https://www.tradingview.com/x/WQgTUGVh/
Bias - Short ( Negated above 107.500 )
Notes - Risk Sentiment , Trade US & China and US 10YR
US 10YR Chart Link - https://www.tradingview.com/x/egPlJrcd/
USDCAD - No Technical Levels of Interest, Price Capped between 50 & 200 DMA
Chart Link - https://www.tradingview.com/x/rSHbbHLI/
USDCHF - No Technical Levels of Interest - Price Closed Below 200 DMA
Notes - Sentiment & Risk Off
USDSGD
Monthly Chart - Price at Trendline , Resistance ahead at 1.38700
Chart Link - https://www.tradingview.com/x/Yvzfq2KA/
Weekly Chart - Price at Trendline
Chart Link - https://www.tradingview.com/x/t1slQw0H/
Daily Chart Link - https://www.tradingview.com/x/1xDtiSL5/
Bias - Long USDSGD
Notes - retesting monthly trendline in quicker succession , no resistance above 1.38750
EURJPY
Weekly Chart - Trendline Broken , Price under Support Zone
Chart Link - https://www.tradingview.com/x/uCHf5cJk/
Bias - Short
Notes - Watch EUR capped below 1.11300 & JPY capped below 107.500
GBPJPY
Weekly Chart - Price at Trendline
Chart Link - https://www.tradingview.com/x/xue5BVtD/
Notes - Potential Long on Risk on Flows & Low Brexit news
GBPUSD hold at Support and Yen bounce on better sentiment
EURGBP
Weekly Chart - Trendline Holding
Chart Link - https://www.tradingview.com/x/V5vln1fP/
4 Hour Chart - Swing high capped , potentially a distributive top
Chart Link - https://www.tradingview.com/x/pycQKbmC/
Bias - Short ( negated above 0.92100 )
Notes - Cable hold at Support , EUR capped at resistance 1.11300
EURCHF
Daily Chart - Failed to hold support at 1.0965
Chart Link - https://www.tradingview.com/x/CZrqDeUL/
Bias - Short ( negated above 1.098 )
Notes - EUR failing at 1.11300 , risk off
AUDJPY
Weekly Chart - At Horizontal Support
Chart Link - https://www.tradingview.com/x/CZrqDeUL/
Notes - Long/Short on Risk on/off
NZDJPY
Weekly Chart - at Horizontal Support
Chart Link - https://www.tradingview.com/x/Ham2KbgZ/
Notes - Long/Short on Risk on/off
cheerio
FXcrypto
Good support in there lets see
So much content in here to start the week!
I do like the look of that EUR/USD chart with the retest. Price has opened the week strong though 💪🏻.
Posted using Partiko iOS
Yeah DXY under 98 handle , liking EURGBP shortside scalps on USD weakness :)
Dollar Yuan above 7 , Aussie dropping