PipsShip

PipsShip

A third touch of the third trend line and with a touch on the last week thursday order block

PipsShip

The bull run for GU will continue but there would be a short sell before this continue

PipsShip

There is an overall sell market for this pair on monthly time frame, following a massive bull for euro against USD last week. The pair is currently buying towards the premium price with a massive order block at 1.0760 price area. A potential sell at this level is imminent to continue the overall trend

PipsShip

Though USDCHF is on a strong bull ride and probably aiming the all time high of 158.46 marked price, the horizontal resistance at 153.79 seems strong and with the formation of bearish harami at that level, a sell seems imminent.

PipsShip

With GBP declining against JPY with over 800 pips as a result of the japanesse yen hike in interest rate, the JPY index is still signalling a push to the upside. This definitely would mean the continuation of the bear for GBPJPY. Albeit, a retracement is imminent for the pair; At 162.7, which is the 50% fibonacci retracement level, The bear is expected to be...

PipsShip

CHFJPY has been ranging between the price 143.20 and 138.90... after a failed attempt to break above the price level on 22 of august, the price is currently retesting the resistance level. Formation of any institutional candle at this level would suggest a plumet back down to 138.90 price region.

01:36

PipsShip

Bullish inside bar breakout candlestick at the demand level is a clear confirmation for correction on the GU pair. Although going on 1 hour tf, the market seems to turn the last support to resistance but this isnt strong enough to oppose the corretional move. I am expecting a bull run to 1.2316 before the market continue on the main downtrend I hope this helps

PipsShip

Though a little retracement is feasible, the japanesse yen index is showing a tremendous fall after a breakout from the dynamic support trendline. In contrary, the recent increase in the Australia employment change data publish on thursday is expected to keep the hawkish market to the next support region(90.40). however, I am expecting the market to retrace to...