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Further bullish pressure

Daily Vision

The pair attempted to push lower yesterday bottomed at support line but closed higher in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1500 pips without significant correction and the next potential target is seen around (weekly EMA 200) at 1.1071.
The bias is bearish in nearest term. And an immediate resistance is seen around the daily close. While a clear break above that area could lead price t…
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USD/CHF have been seeing a strong bearish market

Daily Vision

The USDCHF attempted to push lower yesterday bottomed at 0.9458 but closed higher at 0.9456 in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1000 pips without significant correction and the next potential target is seen around 0.9147 (weekly EMA 200).
The bias is bearish in nearest term. Immediate resistance is seen around 0.9914 . A clear break above that area could lead price to neutral zone in near…
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Long term bias is still short on USD/JPY

Daily Vision

The USDJPY was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term but as long as stays above 114.70. I still prefer a bullish intraday scenario at this phase targeting 114.10 region.
Immediate resistance is seen around 114.78. A clear break and daily close above that area could trigger further bullish pressure testing 113.96 region. Immediate support is seen around 113.30 .
A clear break below that area could trigger further bearish pressure whi…
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CADCHF Loses upside momentum

Daily analysis
CADCHF printed a rejection to halt its upside offensive and close lower the past week. This price action has created downside risk as we enter a new week. On the downside, support comes in at the 0.7385 level. A turn below here will open the door for more weakness targeting the 0.7345 level and followed by the 0.7365 level. A cut through here will bring additional weakness towards the 0.7369 level.
Weekly analysis

CADCHF opened the week at 0.7314 and touched a high of 0.7387. The …
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AUDNZD forming a bearish harmonic pattern

Weekly analysis
weekly RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance lines at the 1.0975 level with a breach pushing the pair further towards the 1.0975 level. A breather may occur here and turn the pair lower but if taken out, expect a push higher towards the 1.0996 level. All in all, the pair remains biased to the downside in the short term on correction.
Daily analysis

AUDNZD is at an interesting level as we’re currently at the top end of what to me …
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AUDUSD facing a strong trend line resistance

Daily analysis
AUDCAD opened the week at 0.9847 and touched a high of 0.9874. The pair then reversed directions and dropped to 0.9896, as support held firm at 0.9812. The pair closed the week at 0.9756. And the price of 0.9744 has been significant in the recent history of AUDCAD , and with a mid-line of a down-ward sloping channel offering an additional impetus for support, top-side reversal setups became attractive as a 1-to-4 risk-reward ratio was available using that 0.9568 level for risk wi…
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