Apologies for the absence over the last few weeks, I have a few other projects that I’m working on which have taken up most of my time. Let’s get straight back to business and dive into the charts from this week …

EURUSD:

GBPUSD:

EURGBP:

AUDUSD:

NZDUSD:

USDJPY:

GBPJPY:

USDCAD:

Just a short update this weekend, still holding USDJPY from last week and will monitor this closely as it could potentially reverse back up off the bottom of the channel shown on the daily chart below.

USDJPY:

Here are a few of my daily charts to help guide you through the week ahead …

USDCAD:

GBPUSD:

EURUSD:

AUDUSD:

NZDUSD:

Towards the end of last week we saw the markets reversing back up sharply and I was stopped out of the trades I had placed from the week before on USDNZD and GBPJPY for a profit; plus I took a small loss on Gold which I got totally wrong. Beginning the week with a fresh perspective and sharing my long-term weekly charts below; getting an indication off the higher time frame charts can be extremely helpful to determine what the markets are likely to in the future.

EURUSD:

GBPUSD:

AUDUSD:

NZDUSD:

USDJPY:

USDCAD:

Still holding the Kiwi shorts from this week; hope to add to the trade on any pullbacks as price seems to be running along a downwards sloping channel. Here’s the chart indicating what I’m looking at and how I expect this to pan out next week …

Other charts to study in follow-the-sun fashion …

AUDUSD: The Aussie has been bouncing around quite a bit but the upwards momentum should resume.

USDJPY: Should see the Yen step up from here over the next few weeks after retesting the lower trendline of the channel indicated …

EURUSD: Euro fell sharply this week and there is a possibility of the move being retraced, however, I think the stops below will be potential targets.

GBPUSD: Cable could trade sideways for a few days next week before edging lower.

USDCAD: Been trading in this range for a few weeks and I expect the Loonie to head back down again.