Pip_Addict

Pip_Addict

Major ascending wedge has been broken. Minor descending wedge has also been broken. Look for a retest of resistance..... AND HOLDDDDDDDDDD!!!! Weak USD technicals and fundamentals!!!!!!!!!!! Easy pips. Feel free to comment on your thoughts, opinions, analysis! Don't forget to follow if you like my work. Good luck next week.

Pip_Addict

Look for a retest of demand zone, some minor consolidation and one last push towards the supply zone and descending trend line.

Pip_Addict

GBPAUD has been in this 400 pip range for the past month, and we recently bounced off the bottom of the range and the upwards trendline. Currently trading within a pivot zone! If we break to the upside, wait for a retest of support and hold! Vice versa for the resistance. Good luck next week everyone.

Pip_Addict

EurJpy has broken it's upward trendline, however, that does not mean we don't have any bullish momentum. Wait for price to break out and retest the current consolidation zone and then hold the bag!!!!!!! If market structure leads bearish, we could see significant depreciation with the Euro! Follow the market structure and good luck this next week.

Pip_Addict

Currently testing support. GBP has strong bullish momentum: Bias bullish This support level will determine whether we march forward or retrace towards next support. Good luck in the markets next week!!!

Pip_Addict

Current trading is between support and resistance zones. Broke through support on February 5th and touched resistance on February 7th. Minor trendline was broken on February 7th with an abundance of buying pressure, however, we lack bullish confirmation until higher highs and higher lowers are created. We have minor support around 1.29300. If this pair is able...

Pip_Addict Updated 

NZD is showing short term bullish tendencies The descending channel has been broken to the upside Friday closed with a bullish pin bar Primary Trend: Bearish Secondary Trend/Minor Trend: Bullish Key Resistance around 1.9100 Price should touch next resistance level