Technical Analysis EUR/USD

In longer term (Daily TF) the FX pair is bear. H8 is also bear but some kind of correction is or was in development. If the correction keeps growing than it may form a complex one. One thing is clear H8 players
did not give yet any signal that they want to turn down. H2 players are more questionable. There are two option. But in longer turn LONG is better until it reaches 1.12365.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

Technical ANalysis AUD/USD

A possible Long position can be taken off the highest up trending trend line with entry near the middle Bollinger band. Stop to be placed below the 61.8% fib level.

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Technical Analysis USD/JPY

USDJPY continues trading in range. Price is retesting support at the 102.50-60 area. In the event that values of support hold, it raises the possibility of prices returning to values of resistance. Alternatively a breakout below 102.5 would signal an end to current range market.

Technical ANalysis GBP/USD

Short term trading idea: If I see a strong move toward 1.34164 coming into the NY trading session I will short the Cable as shown in the picture. I expect price to react after filling the inefficient move from X to A leg on the yellow Bat pattern.

Technical Analysis EUR/USD

In longer term (Daily TF) the FX pair is bear. H8 is also bear but some kind of pullback is or was in development. If the pullback keeps growing than it may form a complex correction. H2 shows a few possibilities. There are two possibilities right away for the opening of the day. Better to get ready for both directions. And the other versions will depend on this move.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

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