EURAUD - 4 HOURTechnical levels to watch 1.5700 We remain bullish on EurAud. However, we are in a pullback phase and are either looking for a sweep of a previous low or a breakout of the pullback channel. USDJPY - 4 HOURTechnical levels to watch 1.34 - 1.35 With Yen strength continuing, I have added Usdjpy to my watchlist and will be looking to participate in any pullback into resistance. AUDCHF - 4 HOURTechnical levels to watch 0.6300 Audchf remains bearish, and has already tested our technical levels, but due to the choppy conditions of the holiday season, we may have another opportunity to sell it AUDJPY - 4 HOURTechnical levels to watch 91.00 - 91.50 We remain bearish on AudJpy, but are currently waiting for a pullback into some technical levels before looking for opportunities to sell. AUDUSD - 4HOURTechnical levels to watch 0.67977 At the moment, AudUsd is in a corrective phase, and we are monitoring it here for a push to the downside shortly. Holiday season is currently the time for hands off. EURCAD - 4 HOURTechnical levels to watch 1.4420 The momentum on EURCAD is to the upside, and the plan is to get on board any long via pullbacks into technical levels of support. NZDJPY - WEEKLYTechnical levels to watch 83.650
My eyes are on NzdJpy for a longer-term trade, as we are currently sitting on both channel and horizontal support, so if we can close below and retest, I will become active in shorting this market.
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AuthorDominic James Archives
August 2024
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