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Crypto & Forex Charts For The Week Ahead

1/2/2023

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BITCOIN H4

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​ Technical levels to watch 18k - 19k
my overall bias is bearish on bitcoin, and I'm willing to look for selling opportunities if we pull back toward the 19k level.​  Price currently is being squeezed so It may be possible to counter trade the trend if we break and close above 16950. This would give me the opportunity to buy into 19k short term.

ETHEREUM H4

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Technical levels to watch 1233
​I remain Bearish on Ethereum and an ideal place to look for any sells would come in around 1420. Similar to bitcoin there may be an opportunity to get long into 1420 if we break and hold above 1233

CARDANO H4

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Technical levels to watch 0.30
H4 timeframe ADA is trading in a bearish channel, I am more than happy to hold off until we get a retest of 0.30 and then look to get in line with the overall trend again. 

BINANCE H4

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Technical levels to watch 336 range high & 218.8 range low
BNB seems to be in this larger range bound environment with price currently testing the lower bounds of the range. There is some structure running through the middle of the range and I will await price to react there for trade ideas.

AUDUSD H4

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Technical levels to watch 0.6840
The levels on Audusd have been adjusted slightly, but I remain bearish. Confluence is at 0.6840, so if price reaches there, I will look for setups.

AUDCHF H4

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Technical levels to watch 0.6300
It remains bearish and is currently at an area of interest to me. It is not my favorite pair because of its choppy nature, but if the set up is right it may be worth watching for a decline.

AUDJPY H4

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Technical 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.

CADJPY H4

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Technical levels to watch 97.600
 One of my top pairs the last few weeks for selling and I will look to sell again if we can pull back to around 97.6 

EURAUD H4

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Technical levels to watch 1.5700
My view of the EURAUD remains bullish. Now that a previous low has been swept, I am looking for some rejection as confirmation that the trend will continue upward.

EURJPY H4

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Technical levels to watch 142.00
As the Yen strength increases, I am interested in selling EURJPY on a pullback towards 142.00.

GBPJPY H4

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Technical levels to watch 163.00
The strengthening of the Yen makes me interested in selling GBPJPY on a pullback towards recent lows or alternatively 163.00. I prefer to sell GBPJPY over EURJPY.

GBPUSD H4

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Technical levels to watch 1.200
​We are once again watching GBPUSD for possible selling opportunities. Price has recently broken structure to the downside and is now consolidating, so if we break out to the downside, I'll become a seller.


NZDUSD - H4

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Technical levels to watch 0.6275
​Bullish structure is still intact for now but we have swept key highs at 0.64685 and rejected. Any break of trendline support and id be a keen seller of NZDUSD.

USDCAD H4

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I am bullish on UsdCad and something high up on my watchlist for tomorrow. 
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