In this week's market analysis, we will look at potential trading opportunities and zones where we should look for price action, evidence and potential moves.
Pairs and markets analyzed this week: AUD/JPY, Crude Oil, EUR/GBP, GBP/USD, USD/JPY
AUD/JPY approaching resistance zone.Wait for Bearish Price Action
AUD/JPY Price approaching strong zone 79.75-80.43, Watch out for bearish evidence and a potential move to the downside from this major zone.
Crude Oil testing zone, watch out for bearish Price Action
WTI Crude Oil at resistance Zone, Watch out for bearish evidence and a potential move to the downside from this major zone.
EUR/GBP at Support, Wait for bullish Price Action
EUR/GBP is at Support zone 0.835-0.843, Watch out for Bullish Price Action and a potential move to the upside from this major zone.
GBP/USD at resistance, watch out for bearish price action
GBP/USD at resistance Zone 1.3355-1.3563, Watch out for bearish evidence and a potential move to the downside from this major zone.
USD/JPY at resistance, watch out for bearish price action
USD/JPY at resistance Zone 103.73-104.3, Watch out for bearish evidence and a potential move to the downside from this major zone.
Happy Trading
Price Action Tracker
Twitter: PriceActionTool
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