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1. AUDUSD - 0.72 will be a deciding factor between bulls and bears, I am not yet in favor of the bears unless certain things takes place, please look at the 4hr chart and Daily Chart to see how I will be trading this pair.
4HOUR TIMEFRAME
DAILY TIMEFRAME
2. EURJPY DAILY TIMEFRAME- THIS PAIR IS QUITE BULLISH THANKS TO THE YEN, HOWEVER 129.3 IS AN AREA OF INTEREST, A CLEAR BREAK AND RETEST OF THAT AREA WILL BE A POSITIVE FOR THE BULLS, BUT IF THE PAIR FAILS TO BREAK ABOVE IT, NEXT STOP WILL BE AT THE SUPPORT 127.7
EURJPY DAILY TIMEFRAME
3. EURUSD WEEKLY TIMEFRAME
EURUSD HAS BEEN SLIDING EVER SINCE THE RUSSIAN WAR BROKE OUT AND IT IS STILL FRAGILE FOR AS LONG AS THE WAR KEEPS GOING ON, HOWEVER I AM NOT INTERESTED IN SELLING THE PAIR AS I FEEL LIKE IT IS OVER SOLD, 1.09 IS SUPPORT FOLLOWED BY 1.08.
EURUSD WEEKLY TIMEFRAME
4. GBPUSD APPROACHING KEY LEVELS
1.29 AND 1.285 ARE KEY LEVELS FOR THIS PAIR, IT IS ALSO OVER SOLD HOWEVER 1.29 ZONE GIVES US LOWER RISK REWARD.
GBPUSD WEEKLY TIMEFRAME
5. GOLD ABOUT TO RANGE
$2050 HAS PROVEN TO BE A SHORT TERM RESISTANCE AND $1950 HAS PROVEN TO BE A SHORT TERM SUPPORT, UNTIL THE COMMODITY GET NEW DRIVERS, WE CAN EXPECET A BOUNCE BETWEEN THE TWO LEVELS
GOLD DAILY TIMEFRAME
6. USDCAD UNDECIDED
7. USDJPY Approaching key resistance
118.6 MAY REJECT THE PAIR AND WE MIGHT ALSO GET A RANGE BETWEEN 116.3 AND 118.6
USDJPY WEEKLY TIMEFRAME
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