
Momentum turning down following the 1.3558 high but for damage to be fatal, 1.3342 and 1.3322 would need to be broken.’
To break momentum, the trendline and 1.3395 would need to be broken.

Momentum turning down following the 1.3558 high but for damage to be fatal, 1.3342 and 1.3322 would need to be broken.’
To break momentum, the trendline and 1.3395 would need to be broken.

Extending its pivot around .7000 to 7 days in a row. Range during this period has been .6965-.7027
As I showed in USDCAD when a break of a 12-day pivot around a pivotal round number (1.42) seny a (bearish) directional signal, keep an eye on the pattern around AUD.7000.

EURUSD currently trapped in a 1.1400-50 range with key levels just outside of it (1.1397-1.1452) but for how long?
Note, stops run overnight to 1.1435 and quick retreat suggests EURUSD unable to shake a focus from 1.14.

Pause below 4180 and mover back below 4106 breaks momentum but to confirm a high is in and shift the focus back to 4000, the trendline and 4044 support would need to be broken.
(AT 4 hour chart)

Keeps a bid while above 65525 (and 65K) but upside would need to break 67224 (and 68K+ for confirmation) to build further momentum.
If 67224 stays intact, then 63660 and 62417 (and the trendline) need to hold to keep the downside contained.

Battle continues here as well over 29K with its pivot extended to extended to 5 days in a row.
For bulls to take control, 29K needs to become support followed by a firm break above 29172 (use 29200 as well).

Battle over 7500 continues with a pivot around this level extended to 4 days in a row.
For bulls to take control, 7500 needs to become support followed by a firm break above 7515.

USDCAD torn between Trump tariff threats (bullish) + pause above 1.40 vs. firmer oil prices (bearish)
Treating the bounce from above 1.40 as a retracement shows the following FIBOS using 1.4247 =< 1.4003 (high 1.4111)

Chart is clear;
Momentum up

Momentum up, 4138 target hit (high 5151)
If 4138 is firmly broken, then target shifts to 41.80-4202