RyanXavier

RyanXavier Updated 

USDCAD is looking bullish, with a break off a descending trend line and a formation of higher highs and a previous higher low on the 3rd touch of the counter trend I do expect cad to potentially rise up to 1.31

RyanXavier

I'm eyeing GJ to make a higher swing to 156.0 followed by a drop all the way to 151.500 , should we manage to have multiple candles closed below 156.0 we could expect the bears to make way for downside movements.

RyanXavier Updated 

On the daily tf, just about an hour before the US Session. We have caddy showing us a potential Long leg to the upside that we can expect to reach over the next few weeks. Reason behind this is that market structure wise the pair is up trending, over the last week we made a strong bearish leg however it was not strong enough to break structure on the previous...

RyanXavier Updated 

GBP/JPY looks like its in for a ride on the trend line break. Followed by this we have retraced 61.8% into 156.700. With this in mind and a combination of market structure forming lower highs and lower lows I do expect multiple rejections on 156.7 forming a lower high bringing in an opportunity for shorts into 154.5. in order for this to be valid, as mentioned we...

RyanXavier

GJ Recently Broke structure on the 4hr tf, and quite recently followed by this B.O.S we could be forming a higher Low signalling a bullish move to the upside of my target at 152.500

RyanXavier Updated 

On the Daily TF we've been having a series of higher highs and higher lows, It looks to be that cad can have a further push to the upside all the way to me desired target of 1.27750. Should we remain above where price currently stands at 1.26600 in the daily perspective we can see cad rise above to my target soon.

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RyanXavier

Outlook On GBPJPY , Let's hope the odds are in our favour.

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RyanXavier

Market Outlook On GBP/JPY Link to my YouTube channel : www.youtube.com

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RyanXavier

Update on GBP/JPY that I posted yesterday

RyanXavier

Caddy looks like its about to erupt from the looks of its current price action. We have been on a downtrend for the longest of time and it looks like we're about to breakout and rise above. We have failed to break 1.25 by supporting this and had 2 formations of higher lows, from this the attempt to break resistance at 1.26250 is imminent and I am quite confident...

RyanXavier

Pound Yen looks like its set for a ride to the downside, we have been in a form of consolidation for quite a while now and it looks like the pair is set to continue its bearish trend. As you can see we have a bearish pennant in formation, we had a 4HR candle closure below the moving average and on the 1Hr TF we had a breakout and retest of the inner counter trend...

RyanXavier

On EURUSD, I do spot a potential buying opportunity at hand. 1. According to Market structure , We have previously made a higher low Signalling a potential upside for the pair to form a higher high. 2. We have had a strong bullish candle breakout of a descending trend line and a retest which aligns with the higher low previously mentioned. 3. The retest from the...

RyanXavier Updated 

GBPUSD has quite a textbook setup on at hand, I'm abit late to the party bus but the road is still 90 pips from destination. 1. We have Higher highs and Higher lows at hand. 2. We have had multiple wick rejections at the support of 1.38500 signalling a retest and a potential upside move. 3. Our retest at 1.38500 aligns with the 61.8 fibonacci region Lastly,...

RyanXavier Updated 

Gold has been on a downtrend as of late and recently we have been trapped in a 50 pip consolidation region between $1830 and $1870. Currently I can see a candle breaking out of this consolidation and I do expect a daily candle closure below and a retest around 1828.500 possibly on a lower timeframe followed by a further downside leg to $1780 and optimistically...

RyanXavier

USDCAD has quite a great selling opportunity at hand. 1. We have been in a downtrend making Lower Lows and Lower Highs. 2. We have a descending trend line and we have made the magical third touch of this dynamic resistance signalling a potential downside move 3. The third touch of the Trendline aligns with the 61.8 Fibonacci Region signalling a lower swing point...

RyanXavier Updated 

BTCUSD Looks like we have a long opportunity on our hands at the moment. Firstly this pair has been trapped / consolidating between $41,500 and $30,750. Since we have struggled to break support at $30,750 I do expect the pair to bounce back to the resistance of $41,500, as you can see inside our consolidation region we have a descending trend line which is at...

RyanXavier Updated 

USDCAD has broken out of a falling wedge, we can see that caddy is about to has clearly spiked our support region of 1.27500, our moving average and fibonacci region of 61.8 - 78.6. With this all coming together in confluences I am quite confident that USDCAD can rise up +-200 pips all the way to 1.29500. However, I do expect a we need to have a short correction...

RyanXavier Updated 

*Technical Analysis* XRPUSD has broken out of a descending trend line with strong momentum. However, before we get exited we need to consider the fact that 0.50 is a crucial region of resistance for this pair and for that reason I do require a weekly candle closure above 0.50 to consider my upside targets of 0.60 and 0.70. My favourable & alternate outcome for...