02.09.26 Daily Forecast

Australian Dollar / U.S. Dollar 5 hours ago 8 Grab this chart Grab this chart 2 2 110 Pairs on Watch - GBPUSD : I am looking for shorts on this pair in line with the DXY breaking to the upside and the higher timeframe continuing to take over. A 1H clear structure forming underneath the low to the left is ideal, possibly maybe retest the previous low for better stop protection and we can get short with the sentiment of the DXY remaining bullish. AUDUSD : I am using this as a hedge pair against the GU short I am looking for. Price is positioned at a low where it could turn around from if the DXY decides to react to the V shape double top and sell, there is also another value area above that price could be reaching for. Potential for a larger expanding to form and this is now the base, as we know expandings can be both continuations and reversals depending on their location. GBPNZD : The higher timeframe on this pair is really clean and now the volatility from the news in Asia session has pushed price into the third touch area, we know exactly what to do. If price develops a deliberate 1H structure for the long, I will entertain the buys as a clear message from price. If not and it reaches into the third touch area breaking the highs, I will wait for a simple insurance entry for the sells once the structure has completed. JordanWillson Follow Following Also on : Chart Patterns Harmonic Patterns patterns patternsandstructure priceac priceaction priceactionanalysis structure structureanalysis structure-trade structuretrading Trend Analysis Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use . Chart Patterns Harmonic Patterns patterns patternsandstructure priceac priceaction priceactionanalysis structure structureanalysis structure-trade structuretrading Trend Analysis JordanWillson Follow Following Also on : Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use .