[tab: Asia Morning]
Here is the hourly structure of $AUDUSD I am looking at for today’s trading. It is not difficult to see the confluence of ABCD completion, resistance level and channel on the chart.
Not much changes for $USDJPY during overnight U.S session. Still looking at potential test of 8315/8320 range.
[tab: End of Tokyo session]
$AUDUSD completed ABCD formation, and immediately reacted at the resistance level. Next immediate support is seen around 1.0485.
[tab: Asia Morning]
Good morning (as if there is anybody reading this post, at all!) from Australia. As I tweeted, Monday morning is normally tricky to trade, I am spending more time reading than trading until Tokyo, Singapore markets open. Here is the structures of $AUDUSD and $USDJPY that I am watching. These charts are just the frame work of my intraday short term trading.
[tab: End of Tokyo session]
$AUDUSD reacted well at the resistance level and retraced around 50% of last up swing.
$USDJPY retraced from hourly resistance and immediately bounce at the nearest visible support. It is now looking like it might give 83.17ish level a test.
[tab: Asia Morning]
Here is the preview of $AUDUSD before Asian session opens.
[tab: End of Tokyo session]
Early London session $AUDUSD broken through resistance level, and now the next level I am watching is around 1.0480 ish.
[tab: Asian Morning]
$AUDUSD tested the back of the pivot downtrend line twice yesterday. I am still looking at near 1.04 as next potential target.
[tab: London Morning]
$AUDUSD touched resistance level at the same time , the disappointing China PMI figure triggered heavy sell off of the pair. In the hindsight, the chart movement was just classical, text book. Also, if you look at Daily, 1.0350ish zone will provide some sorts of support (however, this is not a BUY to me)
Here is the … CHART!
It looks like a pull back day for $AUDUSD today. Here are the morning chart (Before beginning of Asian session) and evening chart (after London Open)
[tab: Asian session]
[tab: London session]
