Forex Analysis: Pre US Session

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US Session forex analysis

Time Frame: 5 Minutes Chart
For this session we have the following picks:

GBPAUD

which moved 317 pips today due to Aussie effect. GBPAUD is creating new daily high. But right now its Bollinger band bearish breakout, Ichimoku cloud is also bearish along with MACD. Good chance to sell below 1.8155.


EURUSD

Next, we have, EURUSD creating new daily low. It has RSI hidden bearish divergence signal. Good to sell 1.1396


USDCAD

Creating new daily high along with RSI classic bearish divergence. The full day its bullish above its opening price. So we can only plan to sell it on its correction. Because the main trend is bullish. Sell target should be between 1.3183 to 1.3168


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