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GBP/AUD has formed the head and shoulders pattern on the daily and has previously broken the neck and it is now testing it at the 1.7545 area and will descend and will be its main target at 1.6160. On the four-hour we also see that it broke support at 1.7545 and re-tested it and now there will be a big downtrend.
hamzalakhlef's Blog
EUR/TRY
After the collapse of the Turkish lira last week we will see a bearish correction for the EUR/TRY from the current area at 7.92 to the previous resistance zone that the pair breached at 5.70 at the moving 200
USD/TRY
This collapse of the Turkish lira against the US dollar was due to the US pastor issue and given the support of the European and Asian countries we will see a strong bearish correction from the 6.95 area and the target will be at the beginning of the crisis at the resistance previously breached at 4.88. Noting the saturation on the indicator of the astocastic on the daily Frame.
GBP/USD
GBP / USD pair analysis:The pair is walking under a descending trend and is now at this trend completely.I think it will break this trend to climb at the 200 moving at 1.3350 and it will be a false break to come back down at the 1.3050 support level. Remember well, "every rise of the pound is a good chance to sell it ."
EUR/USD
EUR/USD goes under a falling trend.I expect it to visit this trend at 200 moving at 1.1730 and then come back down at 1.1530 the support level and look for a break of this support and get off more.
USD/JPY
USD / JPY pair analysis:The pair is walking within a very clear upward trendI expect it to visit this trend at the 200 moving completely at 109.70 then climb to the previous high at 111.40 and I suspect this resistance will break through to another bigger peak.
USD/CAD
USD / CAD pair analysis:The USD/CAD pair is in a bullish trend.I expect him to visit the support and the 200 moving at 1.3085 then rise to the target 1.3370
GBP/JPY
GBP / JPY is moving below a falling trend.I expect it to visit the 200 moving at 146.60 and then go down to the target at 143.80.