This is just a brief TC signal update. The GBP/JPY and AUD/JPY signals have closed off for a combined pip haul of 1,180 pips. The new USD/CAD signal is up 220 pips and there have been new signals on the NZD/USD and EUR/AUD that triggered on Monday. As well, signals are trying to form on the GBP/AUD and GBP/NZD.
GBP/JPY: this TC SHORT signal has now closed off but note price struggling near the previous Double Bottom level:
G/J 4hr:
G/J daily:
USD/CAD: this TC SHORT signal was noted in my w/e update and has now moved on to give 220 pips. Note the potential target on my weekly chart:
USD/CAD 4hr:
USD/CAD weekly:
NZD/USD: this gave a new TC LONG signal yesterday but note the weekly chart and the resistance above current price from the wedge trend line and 0.70 level:
NZD/USD 4hr:
NZD/USD weekly: keep an eye on the 0.70 level though as a break and hold above this would be bullish and allow another potential entry point. Target would be 0.75:
EUR/AUD: this just scraped in forming a new TC SHORT signal yesterday but did not break below trend line support until a few candles later:
E/A 4hr: a new TC signal and, now, a trend line break:
E/A weekly: there is a bigger bearish picture here though with another major trend line below current price:
GBP/AUD: This is trying to form a new TC SHORT signal but the candle does not close for another hour. Do note the major S/R level just below current price though. It would be safer to see a close and hold below this before taking the signal:
G/A 4hr:
G/A weekly: note how 1.84 is near the major 50% fib:
GBP/NZD: also trying to form a new TC SHORT signal but note the strong support:
G/N 4hr: there is the potential for Double Bottom support here so any new SHORT signal might struggle:
G/N weekly: note the other major triangle trend line below:
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