Hello Traders, what’s going on market after US closing?
EUR/USD
Right after big data – US payrolls, EUR/USD plunged. Trend is so strong, that there is only one possible way to play. Wait until retest of marked area.
EUR/GBP
There is our retest actually. Todays candle has a long upper shade, testing resistance zone marked green. We can consider selling pair waiting for trend continuation.
GBP/JPY
After yesterdays correction, pair reacted in a demand zone. If the pinbar creates, we might consider playing this not much dynamic trend.
AUD/JPY
Two days ago pinbar showed up at our chart, right below minor resistance zone. Today we can spot a stronger supply reaction, which might support more and more bearish scenario on this pair.
AUD/NZD
Yesterday we informed about possibility of pinbar at two-days chart candle. Today was a chance to sell AUD/NZD at better levels, and actual situation looks even clearer to us.
EUR/AUD
There is a pinbar creating above demand zone. Broader view is still bulish, and few last weeks looks more like correction of previous gains.
GBP/CHF
Yesterdays strong falls hampered a bit above key demand zone. Todays daily candle will probable create clear pinbar, which might be another bullish signal.