Weekly Market Analysis 11.07.2022 – 15.07.2022

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AUD/CAD Potential Trade: 

After a break of the support area, we are now seeing a pullback. We want the price to push slightly higher and form bearish PA for an entry. 

 

AUD/CHF Potential Trade: 

Similarly to our previous pair we had a break of the support area and a pullback. We’ll wait for bearish PA before we enter the trade. 

 

CHF/JPY Potential Trade:

After a break of the resistance area, we are now seeing a nice big slow pullback. We’ll wait for the price to reach all the way down to the S/R area and look for an entry after bullish PA.

 

EUR/CAD Potential Trade:

Yet another continuation trade short. We saw a break of the support area. We’re now waiting for a pullback and bearish PA for a trade short. 

 

EUR/CHF Potential Trade:

The price broke the support area and is starting to make a pullback. We’ll wait for the price to push all the way back up to the S/R area and form bearish PA.

 

EUR/PLN Potential Trade: 

Price broke the resistance area and it’s starting to stall out. We’ll wait for a pullback in combination with bullish PA for an entry long.

 

EUR/USD Potential Trade: 

This is a very nice trade. We are in a strong downtrend, we had a strong break of the support area. Hopefully the price makes a nice pullback followed by bearish PA for an entry short. 

 

NZD/CHF Potential Trade: 

Price broke the support area and is now making a pullback. We’ll wait for bearish PA before entering the trade.

 

NZD/USD Potential Trade:

Price broke the support area and is making a pullback. We’ll wait for bearish PA for a potential entry short. 

 

USD/BRL Potential Trade: 

After a break of the resistance area, we’re seeing a pullback. We’ll wait for bullish PA on the S/R for a potential entry. 

 

USD/DKK Potential Trade: 

Price broke above the resistance area. We’re waiting for a pullback back into the S/R for a potential trade long if we get bullish PA. 

 

USD/SGD Potential Trade: 

Same as with the previous setup, we saw a break of resistance and a pullback. We’re waiting for bullish PA for a potential entry.

 

USD/THB Potential Trade: 

And the last setup of the week is another continuation trade long. We saw a break of resistance and a start of a pullback. We’ll wait for the price to reach the S/R area, form bullish PA and look for an entry long.