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The first high impact US news for this week will be in 30 minutes - ISM Manufacturing PMI πŸ””
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#USDCAD: Bearish After the News πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡¦ πŸ“‰USDCAD looks bearish after a release of today's fundamental news. A bearish breakout of a rising channel on a 4h time frame and a strong selling reaction after its retest provide a reliable bearish continuation. I think…
#USDCAD: Will It Drop Lower? πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡¦

I successfully predicted a bearish move on πŸ“‰USDCAD on Friday.

Because the trend is bearish, I think that the pair may drop
even below a current structure low.

Next strong support that I see is 1.3652.
It might be the next goal for the bears.
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Daily time frame
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This week started with a resumption of a bullish rally on #Gold, #Silver and #Oil.πŸ“ˆ

Though, the exact reason of such a behavior is not the clear at the moment, it looks like a growth is going to continue among these assets.

Let's keep monitoring the news for understanding the rationale behind the rise.

Good luck to you this week!πŸ€
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#USDCHF: Important Breakout πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡­

πŸ“‰USDCHF broke and closed below a neckline of a huge
head and shoulders pattern on a daily time frame.

It turned into a strong resistance cluster now.

I believe that the price will drop to that at least to 0.81 support.
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Daily time frame
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#GOLD (#XAUUSD): Bullish Continuation Confirmed πŸ“ˆ

As we discussed yesterday, πŸ“ˆGold managed to break and close above
a resistance line of a bullish flag pattern on a daily.

It opens a potential for more growth.
Our next resistance is 3429.

For buying, consider the expanding demand zone based
on a broken horizontal resistance and a trend line.
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Daily time frame
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US Job Openings Data in 30 minutes!πŸ””
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#EURUSD: Rise Ahead! πŸ‡ͺπŸ‡ΊπŸ‡ΊπŸ‡Έ

πŸ“ˆEURUSD successfully violated a significant horizontal supply area yesterday.

The broken structure and a rising trend line compose a contracting demand zone now.
It will be the area from where I will expect a rise to higher levels.

The next strong resistance is 1.151
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Daily time frame
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#NZDUSD: Your Trading Plan For Today Explained πŸ‡³πŸ‡ΏπŸ‡ΊπŸ‡Έ

πŸ“ˆNZDUSD is currently consolidating on a strong intraday/daily support.

To buy the pair with a confirmation, I suggest to focus on a double
bottom pattern
on a 4H time frame.

Its neckline breakout and a 4H candle close above 0.6015
will provide a reliable bullish confirmation.

Goal will be 0.6035.

Alternatively, if the price sets a new lower low on a 4H,
this setup will become invalid.

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4H time frame
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#EURUSD: Rise Ahead! πŸ‡ͺπŸ‡ΊπŸ‡ΊπŸ‡Έ πŸ“ˆEURUSD successfully violated a significant horizontal supply area yesterday. The broken structure and a rising trend line compose a contracting demand zone now. It will be the area from where I will expect a rise to higher levels.…
#EURUSD: Pullback From Support Confirmed πŸ‡ͺπŸ‡ΊπŸ‡ΊπŸ‡Έ

Update for our yesterday's setup on πŸ“ˆEURUSD.

It feels like the pair has successfully completed a retracement,
respecting an intraday horizontal support.

A double bottom pattern on that and a formation of a bullish
imbalance candle
provide a strong bullish confirmation.

I think the pair may rise at least to 1.144 support soon.
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4H time frame
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Today's New York Session opening is going to be quite heavy on fundamentals:

⭐️In 15 minutes - US Nonfarm Unemployment

⭐️In 1 hour 45 minutes - BoC Interest Rate Decision and US Global Services PMI

⭐️In 2 hours - US Non-Manufacturing PMI

⭐️In 2 hours 30 minutes - Crude Oil Inventories

Be very careful!
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#NASDAQ INDEX (#US100): More Growth Ahead

For some unknown reason, I was asked by a dozen
of my subscribers to provide an update for πŸ“ˆUS100 today.

Since early May, the index successfully updates the highs on a daily.
Such a tendency will remain at least till a test of a current ATH.

I think that the market is going to grow and reach at least 22100 level soon.
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Daily time frame
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When and How to Use Weekly Time Frame Chart Analysis in Trading Forex

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#USDCHF: Bearish Wave Ahead πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡­

Quick update for πŸ“‰USDCHF.
Earlier on Monday, I shared a bearish forecast based on a
confirmed violation of a neckline of a head and shoulders pattern on a daily.

We got quite a deep retest of that and bears finally showed their presence.
I remain bearish bias and expect a bearish continuation soon.
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Daily time frame
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2025/07/13 11:28:16
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