Updated Watchlist for August 4

Pair

Daily

4h

1h

CADJPY

Bouncing up off of a Trendline?

Struggling at 87.75

Significant retracement, willing to take a bounce, long above 88.80 to 89.45

EURJPY

Tightening its consolidation?

Sticking to a steep TL

Don’t like the movement on this one.

EURUSD

Large, uncharacteristic move…retracement likely

Doji, w/ potential reversal candle forming

Long above 1.4445 to 1.4550.  Short below 1.4370 to 1.4305

GBPCHF

Tightening consolidation?

1.800 to 1.7840

Long above 1.8020 to 1.8190, Short below1.7840 to 7.7650

GBPJPY

Hard to find the big swing

Resisting 158.15 ish, time for retracement?

Retrace looks good, long above 160.60 to 161.50 or short below 160 to 159.20

GBPUSD

Large impulsive moves past peak resistance, probably pullback.

Muddling around resistance, zone at peak of last week’s final candle

Long above 1.700 to 1.7070 Short below 1.6900 to 1.6835 (Still keeping old retracement level in mind if it just starts to rip short 1.6585)

NZDUSD

Divergence and consolidation near resistance, possible retracement using tighter consolidation

Looks to be rejecting resistance

Could be getting to the 800SMA on the 1h chart. Short below (waiting for a retracement) 0.6650 to 0.6515

USDCAD

Double bottom?

Secondary double bottom?

Long above 1.0700 to 1.0750  Short below 1.0640 to 1.0600

USDCHF

Impulsive move, time for pullbacks??

Doji candle stick, next candle could confirm.

Bounce off of the trendline is a short below 1.0585 to 1.0510

USDJPY

Looks to be retesting resistance

Could be bouncing off the bottom trendline going long

Too many conflicting signals.