AUD/JPY

For the past 49 days the price has been forming higher highs & higher lows (on daily timeframe)

After rejecting daily support it has moved up significantly on Friday.

My bias stays bullish and I will be looking to take long position if the price retraces to my demand level below.

US100

A nice selloff and change of structure coming from resistance last week on Friday. Previous daily candle is bearish.

Currently came back to resistance where we already saw a lot of bears step in at this specific area.

Also the price is currently rejecting my fibs levels.

Will be looking for short-term short positions

USD/JPY

USD starting to show some strength lately. Price had a decent bounce from a trendline support to end the week also broke the supply area.

Would like to see the price move lower to the same zone (now as a demand) for potential move up to our daily resistance.

XAU/USD

Like mentioned, USD is starting to show some strength and on this chart you can see how gold rejected daily support + formed a head and shoulders on 2H timeframe.

There is a supply area on the chart that has a strong volume spike, so this is where I will be looking to sell Gold

TP2 was hit

Update on Gold

Closed half of the position on my live account here at 1:4RR

Perfect entry on AUD/USD

US30

Has been slowly moving lower for a while now with very instant moves up and down. This is why lately I have been trading indexes a bit less than usual.

Currently the price is sitting at a 4H supply + trendline resistance.

Waiting for rejections and momentum lower for potential short opportunities.

NZD/CAD

This pair is presenting us a very similar scenario.

Currently moving higher but above we have a stack of zones and fib levels the potentially can drive the price down.

I have alerts set on supply level and will be looking for short opportunities.

AUD/USD

Bearish pressure remains on this chart as the price continues to form lower lows and lower highs.

Below we have a daily support that price has not yet properly retested, so my bias is for the price to move lower at least to the support below.

I have a 1H supply area above, where I will be looking for short opportunities.

GBP/USD

Last night daily candle closed bullish engulfing after bouncing from a daily support.

Currently the price moved lower but had an instant reaction after touching demand area and some key fib levels.

Waiting for confirmations on lower timeframes for a potential long trade.

EUR/USD

The price moved lower as expected yesterday. Unfortunately lower timeframes did not give us entry confirmation.

Overall price is continuing moving lower with decent bearish momentum after retesting and rejecting daily resistance.

Waiting for a retracement to supply area for potential shorts.

US500

Still running in nice profit!
Looking to close half at 1:3RR and rest at the final target.

USD/JPY

Overall strong bullish momentum across multiple timeframes.

Currently strong rejection to 1H demand and now price is facing distribution supply. If it is able to break above it, it will show that bulls are back in control and I will be looking for a long position.

XAU/USD

Bullish breakout after rejection from a daily support. With a momentum it had yesterday gold has also broken the resistance (which is support now)

Nice demand level below which had both buyers and sellers in the past.

Looking for a long position from a 0.382/0.5 fib retracement.

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@dovyfx_live_bot

Closed 90% of the position here at 1:3 RR ✅