My plan for the next week-22-26 April 2013

I was busy with my patients. That's why I just wrote down the pairs of interest so that I can come to write about them later.

Now, GBP/NZD pair in D1 time frame, clearly in down trend and price is retracing back to dynamic resistance area. Diagonal trend line and recent couple of resistance level were around the same place. Price at the moment in ranging in lower tf-h4. I'm waiting for a breakout downwards.

If price breaks out above then I'll cancel this set up and this trend is going to end here.

EUR/NZD pair also have similar picture:

Price is in a good downward movement. The retracement from downward move is now around 50-61.8% fib level.

As GBP/NZD, EUR/NZD is ranging now. So waiting for a breakout.

EUR/USD pair is in bear channel on monthly chart. So i'm bearish in it in for a long term trade.

Figure: EUR/USD Mn

In GBP/USD- we're now in dynamic reistance area with a diagonal trend line in place. Price is also ranging now. And retracement trend line also formed. I'll go short with the break down of both of them.

Figure: GBP/USD D1

In GBP/JPY and USD/JPY pairs, price is in upward rally. I'm watching them.... I'll try to enter with the retracement to the dynamic support area.

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GBP/NZD, EUR/NZD--Sell
GBP/USD, EUR/USD--Sell
GBP/JPY, USD/JPY-waiting for buy

details coming soon