MarketBreakdown | GBPUSD, AUDUSD, EURGBP, EURCHF

18 במרץ

https://www.tradingview.com/x/y7H7onhw/

Here are the updates & outlook for multiple instruments in my watch list.

1️⃣ #GBPUSD daily time frame 🇬🇧🇺🇸

The market keeps correcting, after setting a new higher high higher close on a daily.
Ahead, I see an important confluence zone based on a major rising trend line and a horizontal structure support.

The next bullish wave may initiate from there.

2️⃣ #AUDUSD daily time frame 🇺🇸🇦🇺

The price formed a double top formation last week.
Its neckline violation is an important sign of strength of the sellers.
The price may keep falling to the next key support.

3️⃣ #EURGBP daily time frame 🇪🇺🇬🇧

The pair violated an important falling trend line and close above that last week.
I believe the market will keep growing at least to 0.857.

4️⃣#EURCHF daily time frame 🇪🇺🇨🇭

The pair is trading in a strong bullish trend.
I see an ascending triangle formation.
Wait for a breakout of its neckline.
It will be a strong trend-following signal.

Do you agree with my market breakdown?

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