Search
  • Vasily Trader

MarketBreakdown | AUDUSD, GBPCHF, EURCHF, NZDCAD



Hey traders,


A lot of forex majors are standing on key pivot points right now.

Here are some of them that I am carefully monitoring at the moment.


1️⃣ AUDUSD - Daily time frame 🇦🇺🇺🇸


After a strong bearish movement, the price is retracing.

Currently, the market is testing an upper boundary of a major daily resistance cluster.


I still remain bearish biased and look for an intraday confirmation to short,

however, for now, buyers are showing their willingness to push.


I will be bullish on the pair after a daily violation of 0.76 level.


An important decision is ahead!


2️⃣ GBPCHF - Daily time frame 🇬🇧🇨🇭


We finally see a breakout attempt of a major daily resistance cluster.

Now we are waiting for a daily candle close.

If we manage to break and close below the underlined area,

bullish continuation will be expected.


3️⃣ EURCHF - 3 days time frame 🇦🇺🇺🇸


The market is trading within a major falling channel .

Currently, we see a test of its resistance.


Bullish breakout will initiate a strong swing move.

Wait for a breakout and be prepared to buy.


4️⃣ NZDCAD - Daily time frame 🇳🇿🇨🇦


The price is trading in a long-term bearish trend and contracting within a falling wedge pattern.

Recently, a strong daily support cluster was reached.


The market was trading in sideways for quite a while testing a major strong daily structure support area.


It looks like we are seeing bullish accumulation signs now.

Wait for a bullish breakout of resistance of the wedge as your signal to buy.

0 views