MarketBreakdown | EURGBP, WTI Crude Oil, EURAUD, AUDNZD

28 lug 2022

Hey traders,
here is a brief technical outlook of 4 peculiar instruments on my watch list.

1️⃣ EURGBP - Daily time frame 🇪🇺🇬🇧

The pair is currently approaching a major daily zone of demand.
I will expect a pullback from the underlined structure.
I am patiently waiting for a confirmation to buy.

2️⃣ WTI Crude Oil - Daily time frame 🛢️

The market is steadily falling within a falling parallel channel.
The price is testing its upper boundary now.
Its bullish breakout will trigger a bullish move.

3️⃣ EURAUD - Daily time frame 🇪🇺🇦🇺

The pair broke and closed below a key daily structure support.
I believe that the pair may go much lower now.
Be prepared for one more bearish impulse after a pullback.

4️⃣ AUDNZD - Daily time frame 🇦🇺🇳🇿

The pair is nicely retracing from the year's high.
I guess we will see a bearish continuation this week.

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