Wk2 Forecast - Happy New Year Trading!

These are some of my finding going through the chart today!

Friday NFP volumes might me distorting the whole picture but let's try to read the charts!!!

EURCAD

After the dive from the nice PRS at the top now at a significant level with an Abnormal SI, right on Fib but still forming. Is this the First Push Up wave or is it Hard to Move up? Heads up on lower timeframe for analysis and entry.

EURJPY

Nice Range after hitting the Fib - I am looking for the Exit with a Plutus signal. Most probably short but it has to prove it self. Too much volume on NFP Friday might be distorting the picture , therefore patience my friends.

AUDNZD

That's another Abnormal SI after Fib hit during news- I am not sure if these are buyers (first PU) or sellers (HTMU). I am more biased towards sellers because there was no buying in the background. But again patience let it develop.

AUDJPY

Simple, looking for the exit from range with a Plutus signal!

GBPAUD

Based on the background if you are not already long you should be. I think we will get to 50 Fib which is another 100 pips. Again I believe these NFP volume is distorting the picture.

Of course there more opportunities as always. Enjoy!