Wednesday 24th of August

Good morning folks, I hope you’re well!

Let’s dive straight into the watchlist

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EUR/AUD

Euro Aussi is on my watchlist for a potential retracement here, we’ve broken the recent lows but it remains valid as long as it doesn’t go too far away. Let’s see what happens!

NZD/CAD

I’m personally hoping to see the Kiwi value plunge before testing this zone I have to admit, mainly due to my NZD/JPY short, but if it pullsback to the area of supply, I’ll be looking to execute a short entry here as well

USD/JPY

Dollar Yen is on watch, however it seems like price is either correcting or retracing, will be interesting to see what happens with teh DXY (it’s currently in a zone)

NZD/CHF

I’m mentioning this pair because we have broken a clear phase line, however, it remains likely that we are still within a ranging area, so let’s see what we get

USD/SGD

Dollar Singapore has reached an area of interest to me, I’m waiting to see if we’ll get anything that fits my bias for a short, only time will tell

Copper and Gold also remain on my watchlist

Take care folks!