FX: looking to next week.

Some of the breakout moves have continued and there has been one new one but, for me, I’m more looking at the charts with next week in mind. A reminder that I have a busy w/e and updates might be delayed.

The photo above was taken along my morning walk whilst I was listening to this podcast: The ‘Industries of the Future’ which I highly recommend. 

Breakout move update: 

AUD/JPY: now up 170 pips and watch the daily support trend line just beneath current price:

GBP/USD: this weekly move is now up to 150 pips and this will be one in focus for next week given the daily chart triangle breakout represents a potential 1,400 pip breakout move.

GBP/AUD: I had been stalking this triangle for AGES and it has proven to be one of the better breakout trades for the week now that it’s up 330 pips!

GBP/NZD: this is a new one from overnight and is already up 90 pips. This 1.77 breakout is a significant one as this is major long-term S/R. More on this in my w/e update.

USD/MXN: watch this nest week as the break of, and any hold below, 19 is very significant:

USD/TRY: consolidating on the 4hr but note the profitable 15 min chart TC signals here; one SHORT and then one LONG: