Watchlist for August 23 & 24th
Here’s the watchlist:
| Pair | Daily | 4h | 1h |
| CADJPY | Reversal to the long confirmed. Could be headed for a 3rd higher high. | Range seems to be 87.80 to 86.35…look for a bounce or a break to confirm long position. | Tightening that range to 86.70 |
| EURJPY | Making a bounce and attempt at the 800sma? | Broke out of consolidation area, look for retest and then bounce? Or close back below 134.00 could be move back to the 800sma or about 133.25 | 135.47 to 134.15, impulsive move needs correction first. |
| EURUSD | Broke important level at 1.4300 again. Going for a higher high and final move away from 800sma? 1.49 by Christmas? | Retest has already happened, could be ready for further climb. | Double top may move it to previous high at 1.4255 first and then watch for a bounce. |
| GBPCHF | Double top is right at the neckline, bounce or break is imminent. | Is it trying to get to the 800sma before making up its mind? | Retest of the 1.7484 level may mean bounce short…confirmed by the D chart this could mean along run short. |
| GBPJPY | Double top really stopped short and consolidated. Could mean it’s time for a new higher high. | Tightening up between 156.74 and 154. Triangle is normally continuation pattern on this timeframe. | Consolidating around the 800 again…could be an explosive breakout! |
| GBPUSD | Lots of indecision, could make one more dip to 1.6325 area before it resumes long but I’m bullish overall. | Ascending triangle and tightening up on macd confirms long bias | Consolidating around the 800. |
| NZDUSD | Consolidating just below the 800sma and has almost touched the TL. Getting ready for a fresh breakout, but may need retracement from Friday’s news-driven price action. | Gaining more confidence near the highs it made last week. | May not require retracement based on Aug 13 resistance, but still possible. Watch the range between 0.6800 and 0.6870 |
| USDCAD | Bouncing away from 1.1020 with conviction, could be headed to the bottom of its channel (1.0300ish) | Price rejected the secondary low at 1.0810, watch for bounce or break at this level. | Area of indecision between 1.0843 – 1.0800 |
| USDCHF | Significant support at 1.0577. | Divergence could mean a bounce, setting up a long. | Odd divergence confirms a long bias on this with the area of indecision 1.0620 to 1.0577 |
| USDJPY | Yuck | Strong usd strength defines the “aoi” between 94.42 and 93.50 | Time to wrap around the 800sma. |
Here’s the printable version. (This time I saved is as the old version of Word so you can all open it. I’ll try to be better about that.)
Faves at the moment are CADJPY, EURUSD, GBPJPY, GBPUSD and USDCAD
Hope you’re having a great weekend! I’ll see you Monday morning at the WLW, 8am EDT. 
Triffany Hammond helps traders of all levels, gain the tools, resources and guidance necessary to build on their strengths and work around their weaknesses so that they can make the best possible decisions for themselves in the Forex Market. Triffany is a regular speaker and contributor at 
Printed fine with the older version….thanks!!
Jeff