What Charts To Watch Today
Here's the hottest charts of the day.
AUD/USD
1D Chart
Price is holding the first resistance zone we outlined yesterday. We are looking to see downside from this level.
1H Chart
Price has closed bearish at the resistance level, and we are now looking for continued downside from this price.
EUR/USD
1D Chart
Price is now at the three day trading range resistance. We're waiting to see if price drops from here or breaks above the resistance.
4
1H Chart
Price has had a strong bullish push into resistance, however we can see that the 1H candlestick imbalance has now been filled. We are waiting to see a confirmation for direction.
GBP/USD
1D Chart
Price appears to be forming an inverse head and shoulder pattern. Yesterday's candle closed as a bullish engulfing, and we are looking for upside to test the pattern neckline.
1H Chart
Price has broken the 1H bearish structure, and we are eyeing upside into the 1.3740 level as resistance.
USD/CAD
1H Chart
Price is still holding 1H bullish structure, and as long as price holds this structure we continue to look for upside. Our upside target is the zone around 1.2560.
XAU/USD
1H Chart
Price moved to the downside as we anticipated yesterday. We are still looking for the move to continue down into the 1750 region.
