05.06.26 Daily Forecast

Wait 5 sec.

05.06.26 Daily ForecastJapan 225OANDA:JP225USDJordanWillsonPairs on Watch - AUDUSD : We can see the DXY failing to commit to the upside and now selling back off, with a clear range to play into the lows. Meaning on this pair we can look for that stack of price for the longs and play the move into the high. A great 4H close pre-London and looking like another strong close soon, offering a solid higher timeframe backing for the buys on this pair. NZDCAD : A very deliberate 1H structure forming underneath the lows to the left, once we get the completion of the last leg I will filter down to the 15M and look for a risk entry short. Sequence is moving nicely with a previous structure committing, and with this being a deliberate 1H structure it could be a great short play for further NZD weakness. AUDNZD : The higher timeframe on this pair is looking really strong for an upside move, with a clear target back to the highs we have a great range to play with. Price is stacking on the 4H and 1H, I will be looking for either a small stack of price from the base once price moves away, or it develops more into a 4H for next week where I will look for a 1H risk entry. NZDJPY : Still holding this daily limit position on NZDJPY, currently peaked at +3% but have 1% locked in and managing more loosely being a higher timeframe play. JP225USD : A quick +3% banked on this asset post-swaps last night with the TP being hit through Asia session, I cover the entry and setup in the video.