31.08.26 Daily Forecast

Euro / Japanese Yen Updated 21 minutes ago 1 3 Grab this chart Grab this chart 4 4 210 13 hours ago Pairs on Watch - EURJPY : We can see the higher timeframe is still committing to the upside and the overall recovery of the volatility to the left. Price is building a clear 4H structure and we have a range to work with, three drives into the base as well which is a nice confluence. I am looking for a simple insurance entry from here, clear 1H push followed by a lower timeframe continuation and manage into the top of the range USDCHF : This pair looks very similar to the DXY which aligns nicely with the overall Dollar sentiment. We can see a 123 move into the base on the daily and a reaction from price at the low, I will now be looking for 1H development where I can then filter to the 15M for a risk entry long and manage into the first main value area above. EURCAD : Price has been moving really nicely committing to V shapes consistently on the higher timeframe, and we have had that second follow through to the downside with clear 4H commitment. Now it is a case of waiting for the 1H to develop, using the potential first touch as a guide to what price may form. 1H structure, 15M entry. EURUSD : I am now out of my daily swing position for +3%. I will be looking for any continuations to now shape up for the shorts to continue, a clear 1H structure building here makes sense and I will filter to the 15M for a risk entry short. DXY will be monitored alongside this as well 21 minutes ago Trade active Currently in EURJPY long with a 4H limit order and also long on EURUSD as a recovery play to the upside. Both positions are now breakeven and will manage through swaps into tomorrow, will keep you guys posted! JordanWillson Follow Following Also on : Chart Patterns Harmonic Patterns patterns patternsandstructure priceaction priceactionanalysis priceactiontrading structure structureanalysis structure-trade structuretrading Trend Analysis Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use . Chart Patterns Harmonic Patterns patterns patternsandstructure priceaction priceactionanalysis priceactiontrading structure structureanalysis structure-trade structuretrading Trend Analysis JordanWillson Follow Following Also on : Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use .