EUR/JPY Analysis

Looking bearish again on the daily timeframe.

- Bearish candle
- Bounce off support
- Trend is down

Order to short as per below:

STOP: 10092
ENTRY: 10019 (50% retrace)
LIMIT: 9800

RISK/REWARD: 3/1

AUD/CAD Analysis

Daily timeframe - we're sitting on big resistance, if this breaks, theres no resistancer anywhere so the skys the limit.

- Nice set on inside bars sitting on this resistance at 10662
- Trend up and strong
- Moving Averages still pointing up
- Order to go long if mother candle of inside bar breaks up

STOP: 10612
ENTRY: 10686
LIMIT: 10908

RISK/REWARD: 3/1

USD/CAD Analysis

Again, weakness for the US dollar has thrown a price action setup on the daily timeframe.

- Bearish candle on daily
- 6 rejections on 8ema
- Trend down
- Moving averages clear pointing down
- Only risk with trade here is 10021 resistance, but due to all the rejections of 8ema and momentum built towards the short side, i'll take this order

Order to short:

STOP: 10152
ENTRY: 10086
LIMIT: 9906

RISK/REWARD: near 3/1

USD/CHF Analysis

Dollar has weakened across all pairs and its looking good for a retrace in these pairs.

- Daily timeframe has bearish candle.
- Bounce off 8ema and 9315 support
- Short term trend now down

Order to short as per below:

STOP: 9343
ENTRY: 9270
LIMIT: 9087

RISK/REWARD: 2.5/1

AUD/USD Analysis

Going to have a 2nd bite of the cherry. Still think the bulls are in control bouncing off support and 8ema today. Order to go long as peer below:

STOP: 10420
ENTRY:10480
LIMIT: 10690

RISK/REWARD: 3.5/1

AUD/JPY Analysis

The Australian dollar seems to be getting stronger and i see another signal on the daily time frame

- Bullish candle on daily time frame
- Broken resistance at 80.24ish
- Bounce off 8ema
- Moving averages pointing up
- With the trend

Order to go long:

STOP: 7954
ENTRY: 8006 (50% retrace of candle)
LIMIT: 8214

RISK/REWARD: 4/1

AUD/USD Analysis

Daily timeframe looking bullish.

- Inside bar formation
- Bullish candle today
- Moving averages pointing up
- Trend up
- Broken above 10374 resistance, 2 bounces off this support

Order to go long as per below:

STOP: 10367 (50% retrace of Mother bar candle on 17th Jan. Also off support)
ENTRY: 10453 (Break of the Mother bar candle on the 17th Jan)
LIMIT: 10693

RISK/REWARD: 3/1

NZD/USD Analysis

First trade of the year planned, had to wait for a decent signal (patience is everything!)

- Bullish candle on daily timeframe
- With the uptrend
- Bounce of 8ema
- Bounce off 7877 support which was previous resistance
- Nice large candle on 4hr chart.

Order to go long as per below:

STOP: 7857
ENTRY: 7907
LIMIT: 8107

RISK/REWARD: 4/1