11.09.26 Daily Forecast

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11.09.26 Daily ForecastEuro vs. New Zealand DollarFX:EURNZDJordanWillsonPairs on Watch - GBPAUD & EURAUD : Both of these pairs being sister pairs to each other are looking similar with some slight differences in price action. We can see on GA price breaking back in after washing out any orders below, we could see a follow through and lower timeframe stack where we can get long. However with EA it has dropped out further which could be showcasing early signs of a flip of structure, the long has failed and now the sell is on the cards. I will be monitoring both of these closely together and take a message when it shows. AUDCAD : I am currently in a daily short on this pair which is sat at breakeven, however this could be a great hybrid play where I can get long back into the highs, take a breakeven on the daily but bank profit on the intraday. The base has held and we can see a clear push away, now it is a case of waiting for a 15M continuation to form and we can get long back into the highs to fill the gap. EURNZD : The higher timeframe could still offer shorts on this pair but we have to be aware of the potential M style that is forming with the volume below. Asia offered a nice strong break back in on the 4H after completing the 123 and retesting previous lows. If we get a 15M continuation here I will take that as a message from the market that we are moving further to the downside and get involved in the short.