Analysis

12APR2021 Weekly Open NZD/JPY

12APR2021 Weekly Open USD/CHF

12APR2021 Weekly Open AUD/USD

12APR2021 Weekly Open USD/CAD Analysis

12APR2021 Weekly Open USD/JPY Analysis

12APR2021 Weekly Open GBP/USD Analysis

AUD/USD Potentially a Late DROP. Analysis (4/9/2021)

1. We are well below the average weekly range (~40 pips short) so a move is expected
2. US Agriculture numbers releasing at 1200 EST, expected to be positive
3. MMs have moved up and down in the same zone all week, building liquidity, for what I believe will be a late push for profits
4. They pushed down, then up and pinned the high a few times this morning.
5. We are effectively in the L3 drop & New Peak W formation phase of the weekly cycle

Friday NZD/JPY Analysis

1. We are looking at L2 Rise/Drop set up after the M formation earlier this week.
2. Hong Kong and London really pushed PA up, so I am expecting a NY reversal.
3. MMs have had plenty of time to build liquidity in this level, so a zone shift is likely
4. We are 34.8 pips short of the average weekly range (AWR) so I am expecting a pull way back to the downside to hit that target, or thereabouts.
5. I expect the two blue vector candles to be completely recovered before close today.

Getting Ready for the Forex Week

4 Month Low on AUD/USD – Projecting W Formation, and Breakout to the High (AUD/USD Analysis 4/1/2021)

372 Day High on USD/JPY – Projecting Major Drop (USD/JPY Analysis 4/1/2021)

BTC/USDT 3/28/2021 Analysis – Projecting a Rise

USD/JPY 3/25/2021 Analysis – Looking for a Drop

USD/CAD 3/24/2021 Potential Peak Head & Shoulders Formation

3/23/21 USD/CAD Analysis (potential M, mid week reversal)