Market Commentary From Last Week

Hello everyone!  Just in case you weren’t around in the Fleep chat, I posted some nice daily timeframe charts of possible long term forex setups.  Here they are, enjoy!

 

EURCHF at a consolidation point … we see 2 possible options with the main focus of a possible reversal to the short side.

We are on the D1 chart with price reaching a heavy resistance line.

RSI has exited and reentered the 70 like.

If price does not break resistance and falls below previous support, then we can expect price to reach 1 to multiple support lines shown in purple.

A few more nice setups for market analysis D1 timeframe
AUDSGD, AUDUSD and NZDUSD

 

 

 

 

 

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