XAGUSD
With the 2 sell zones broken, the XAGUSD’s bullish run should continue.
We look to the buy zone 1 area to enter if it pulls back here.
https://www.tradingview.com/x/svHZk9NV/
EURUSD
EURUSD rallied and broke through the sell zone. However, it now encounters resistance at around 1.17.
With the downward trend line just above, there isn’t much room to go long even if the price again punches through the sell zone.
We closely monitor and watch how the price action develop between 1.17 to 1.175 area.
https://www.tradingview.com/x/Yo7FB8x8/
USDJPY
The USDJPY holds the support level around 147. The long shadow of many candles at the area shows the strength of buyers.
If 148 can be taken out, we look to go long.
https://www.tradingview.com/x/jU3gXTyQ/
GBPUSD
The GBPUSD has now rallied to a major resistance area, where the downward trend line meets the horizontal resistant.
With the price action showing lower high and lower low, this looks to be a great bearish setup on H4.
https://www.tradingview.com/x/USRM2OAw/
EURCAD
EURCAD was holding well at buy zone 2 and rallied up to 1.605, which is a resistance area.
This pair must push through the sell zone for the bullish run to continue. Otherwise, this could be just a dead cat bounce, and it may turn bearish.
https://www.tradingview.com/x/0V3DZ2cp/