Jimbon

Jimbon

EURUSD bearish on daily and heading towards 1.05. 1H charts however show price might bounce to 1.0890 before heading lower

Jimbon

With 1.26 level already broke, i think we will see the price bounce to 1.27 area before continue going lower to 1.25 OR price would continue down and broke 1.25 then bounce to 1.27 before continue down to 1.24

Jimbon

GBPUSD has broke 1.26, but for it to changed trend to downtrend, the price need to break 1.25. If 1.25 hold, price would bounce and reach 1.30. If 1.25 broke then wait for a retracement to go Short

Jimbon

GBPJPY have ended downtrend when the price pierce thru 141.05. Price might retest 148 - 150 again. Price is bullish as long price above 140. Bullish invalidation only if price is below 139.30

Jimbon

EURUSD have made a new high @ 1.1941, traders would probably go long on dips around 1.1816 - 1.1840 area. Bullish invalidation only on break below 1.1740

Jimbon Updated 

EURUSD have breakout from bullish flag and have retrace 50%. Uptrend should continue as long price above 1.1661

Jimbon Updated 

EURAUD have broken thru 1.4821, the price then rally to fibo 0.786 @ 1.4958 and closed back down @ 1.4916. The candle have form Inverted Hammer which might suggest that the move lower is ahead. If the price push thru 1.4732 then the price might retest july low 1.4417. Bearish invalidation only above 1.5020

Jimbon

USD index have form bearish flag and broken out from it might suggest that downtrend will continue. USD Index seem to broken out from head and shoulder formation which align with bearish flag formation. Best of luck trading

Jimbon

AUDUSD have go down on thursday and retest 61.8% fibo @ 0.7867 and bounce back around 0.79, AUDUSD looks bullish and might retest 0.7964, if broke higher price might accelerate further and retest 0.8065. AUDuSD bullish as long price above 0.7867, broke below might retest 0.78 area, bullish invalidation only on closed below 0.78

Jimbon

GBPJPY is in clear downtrend, and will probably retest June low @ 138.67, however if the price broke 141.04 would probably take it to 143

Jimbon

AUDNZD have made a new high and might reach 1.1 area. The price is in uptrend as long as price above 1.08.

Jimbon

USDCAD might continue downtrend and retest 1.2413. USDCAD is bearish as long price below 1.2607

Jimbon

GBPJPY is bearish as long price is below 141.05

Jimbon

USDJPY is bearish as long as price below 111.05

Jimbon

AUDUSD have brokeout from bullish flag formation and retrace 61.8%. AUDUSD is uptrend as long price is above 0.78

Jimbon

GBPUSD is bearish as long price is below 1.2915

Jimbon

Short on rallies