GBPUSD is currently below the MA200 which indicates a downtrend as the price is mostly below it. The price is currently trying to rise, but is still stuck below the MA line. There are several candles with long upper wicks, indicating selling pressure near the MA, therefore for today I am selling GBPUSD
Gold is currently well above the MA line, indicating a strong bullish trend. Overall, the price is showing a pattern of higher highs and higher lows, which is an indication of an uptrend. Most of the previous candlesticks showed strong bullish momentum. Therefore, today I buy gold with SL at 3120.81 and TP at 3145.66
After forming a bearish engulfing candle, GBPJPY looks like it wants to go up again, but I think the increase that occurred was just a correction and there is a possibility that gold will go down again. Therefore, I sold GBPJPY with SL at 193.67 and TP at 193.67.
USDCAD is currently below MA200 which indicates a downward trend, however I see that USDACD has succeeded in forming a new support area and demand area which indicates a possibility of a correction, therefore for today I decided to buy USDCAD.
Today I decided to buy USDJPY because it can be seen here that USDJPY is currently still trending bullish, we can see this from the movement of USDJPY which is above MA200 and forming a new support area. For stoploss I put it at a price of 149.67 and take profit at a price of 150.15
In today's Asian trading session, NZDUSD is seen rising, but I see that it is currently stuck in the supply area. In my opinion, NZDUSD is likely to correct first at least towards the nearest demand area, therefore I decided to sell.
The open sell position that I did on EURUSD since yesterday until now has not touched take profit or stop loss, it can be seen on TF H1 that EURUSD is still sideways.
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