We saw XAUUSD Short Because, XAUUSD Ascending Channel Breakout.
We saw EURCHF Short Because, EURCHF Ascending Channel Breakout.
We saw AUDUSD Short Because, AUDUSD Rising Wedge Breakout or Retest Complete.
We saw GBPUSD Short Because, GBPUSD Ascending Channel Breakout.
We saw USDJPY Long Because, USDJPY Descending Channel Breakout proper.
We saw CHFJPY Long Because, CHFJPY Descending Trend Line or Ascending Triangle Breakout.
We saw XAUUSD Long Because, XAUUSD Rising Wedge Breakout Then XAUUSD 50% Retracement.
We saw GBPCAD Short Because, GBPCAD Ascending Trend Line or Symmetrical Triangle Breakout.
We saw XAUUSD Short Because, XAUUSD Rising wedge Breakout and retest complete.
We saw CHFJPY Short Because, CHFJPY Ascending Triangle Breakout or retest Completer.
We saw GBPJPY Short Because, GBPJPY Ascending Trend Line Breakout or moved in Descending Triangle.
We saw CADJPY Short Because, CADJPY Ascending Trend Line Breakout or make Triple Top.
The GBPAUD pair has formed a descending channel pattern on the hourly chart indicating that the pair is in a strong bearish trend. The pair recently broke out of the channel to the upside and retraced back to the 50% Fibonacci level of the channel. This suggests that the pair is likely to move higher in the coming days. As such, we suggest going long on the pair...
We saw AUDCHF Short Because, AUDCHF Breakout Ascending Channel and 50% Retracement Complete.
We saw GBPAUD Short Because, GBPAUD Sell to 50% Retracement.