EURAUD: FFP Weekly Projection
EURCAD has been making its way downward, since ~September 24, 2020.
The 5 most recent candlesticks are all bearish, with some nice wicks formed on top, respecting the trendline above them.
Price is approaching a strong Support & Resistance zone.
We will be waiting until price breaks past, and retests on, the ~1.63273 zone, at which point we will be looking forward to SELLING.
EURGBP: FFP Weekly Projection
EURGBP has been in a downtrend, since September 11, 2020.
Price broke past a Support & Resistance zone, recently. It seems as if we may be witnessing a retest on the top of the zone.
We will be waiting for one of two things, at which point we will be looking forward to SELLING:
1.) Until price goes up to, and retests on, the top of the ~0.90691—0.90821 zone.
2.) Until price goes up to the top, near the trendline, showing strong rejection.
USDCAD: FFP Weekly Projection
USDCAD has been in an uptrend since September 1, 2020, after a reversal of a 5.5-month long downtrend.
Price made its way toward the top trendline, rejecting also a resistance zone on top, after which point price retraced toward the bottom trendline.
According to the most recent NFP report, there have been 661K new jobs received by Americans (good for USD), with the jobless rate falling by ~7.9%.
We will be waiting until price breaks past, and retests on, the ~1.33303 zone, at which point we will be looking forward to BUYING.
AUDJPY: FFP Weekly Projection
AUDJPY has been making its way downward, since the end of August 2020.
Price seems to be retracing back to the resistance zone (~76.081).
At the beginning of September 2020, Australia officially announced that it has gone into a recession (bad for AUD).
We will be waiting for price to retrace to (or near) the resistance zone on top, and then to break past, and retest on, the ~75.607 zone, at which point we will be looking forward to SELLING.
AUDUSD: FFP Weekly Projection
AUDUSD has been making its way downward, since the end of August 2020.
Price is retracing to the resistance zone.
According to the most recent NFP report, there have been 661K new jobs received by Americans (good for USD), with the jobless rate falling by ~7.9%.
At the beginning of September 2020, Australia officially announced that it has gone into a recession (bad for AUD).
We will be waiting until price rejects the resistance on top, and then breaks past, and retests on, the ~0.71383 zone, at which point we will be looking forward to SELLING.
AUDNZD: FFP Weekly Projection
AUDNZD has been in a downtrend, since mid-August 2020.
Price may retrace to toward the top trendline.
At the beginning of September 2020, Australia officially announced that it has gone into a recession (bad for AUD).
We will be waiting until price retraces to the top trendline, and then breaks past, and retests on, the ~1.07678 zone, at which point we will be looking forward to SELLING.