Hey traders,
here is a brief technical outlook of 4 peculiar instruments in my watch list.
1️⃣ WTI Crude Oil - 3 days time frame 🛢️
Very surprisingly WTI broke the year's high yesterday.
It looks like buyers are willing to push much higher.
The next historical highs to watch:
85.0
90.0
For buying, I would wait for a pullback first.
2️⃣ Gold (XAUUSD) - Daily time frame 🥇
Gold broke and closed above a resistance line of a falling wedge pattern.
This morning we see its retest.
Chances are high to see a bullish reaction soon.
Closest resistance - 1780
3️⃣USDJPY - 3 days time frame 🇺🇸🇯🇵
Yen dropped to a major supply zone.
110.45 - 110.8 is the area to look for buying opportunities.
Taking into consideration that the pair is trading in a bullish trend,
probabilities are on the bulls' side for now.
4️⃣EURAUD - 3 days time frame 🇪🇺🇦🇺
The market is trading in a bullish trend.
Reaching 1.643 structure high, the pair is retracing.
Ahead is a major confluence zone:
we see a perfect match between a major rising trend line and horizontal structure support.
From that confluence point, a bullish move will be expected.
❤️Please, support this idea with like and comment!❤️
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