charts247

charts247

WEEKLY ANALYSIS:- We have an Up-Trend in the Weekly chart, and we want to buy every pullback. We have now seen a Bullish engulfing Weekly candle at the structure 0.94102. This price point also corresponds to the ascending trend line support. We don't need much more invitation than this because the move to this point is actually discounting the initial move that...

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The pair is vulnerable to downward pressure below 117.03 area and stop is place above. We are seeing the repeat of FAILURE A to B as we can see on the chart. A break below 115.56 will signal further slide in the pair towards 113.80 region.

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THE TREND IS UP AS WE CAN SEE, BUT A NICE REVERSAL IS COMING INTO PLAY SHORT INITIATED... A BREAK BELOW 181.70 WILL TAKE US TO 181.10 BELOW THE 181.10, GBPJPY IS EXPOSED TO MORE DOWN SLIDE. TRADE CAREFULLY STOP IS PLACED @183.30

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The chart says it all.. Trend=Down Gift=broken Buy signal = None Decission = Sell Stop loss @ 1.2511

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The Failure @ 1.5951 has been completed today. As long as price stays above 1.5951, we are expecting a nice move in GBP. to break 1.6225. We have been watching this for a while and if it turns out to be what we are expecting this move will be very strong. Good Luck. STOP = 1.5951

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AUDCAD: Bias: Bearish Analysis: The pair have broken the 1.0239 structural point and this area has been tested. Our sell point 1.0465 is the last high of the gift which has failed to break with momentum. This point is also our buy point to the upside. Price have closed below this point and to remain bearish the price must not take out this point to the...

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EURJPY Bias: Bullish Analysis: this pair made a big move last week and we expect more of the same if not bigger for the coming weeks. Our trade is very simple on EURJPY. Above the weekly high, we have a weekly significant point which is very near to where we close on Friday. SIg point is 139.21, we close at 139.08. We will be looking to buy this pair above the...

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EURAUD Bias: Bullish Analysis: This pair is our indicator for EURO; The weakness in AUD have helped this pair for the last week, but looking at other euro pairs the weekly candles are also green which tells me all I need to know. Euro strength is surfacing and we have to take advantage. We have a structure re-entry at 1.4049; this is meant to be a big sell...

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EURGBP Bias: Bullish Analysis: The GBP uncertainties will continue and most likely drag GBP further down. The Main area of interest in this pair is 0.8066, but we have a nearer entry on this trade which is 0.8035, a break of this point should take us to our bigger picture of 0.8066. a break of this structure will likely break the gift. ENTRIES: LONG...

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EURJPY-SHORT THE GIFT -TREND IS DOWN -THIS IS A FREE GIFT, PRICE HAS INDICATED THAT ABOVE 137.02 IS BLOCKED. -THIS SIGNIFIES THAT PRICE WILL TRADE 135.80 OR LOWER BEFORE ANY DECISSION WILL BE MADE. -OUR INITIAL TARGET IS THE 135.80 AREA -STOP LOSS IS 137.05 -HAPPY TRADING!!!

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We are long the GBPJPY. From 172.10 The Gap created during the weekend has been filled, price initially moved up to 172.60 after holding the 172.11 zone for some time. This price action is a strong indication that it is time to move further up. We target 172.67 first and if it manage to break 172.67 we are expecting a test of 173.48. Stop loss is 172.00. HAPPY TRADING....

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Price have failed to settle above the structural point 1.0959 after several attempt. This is a very steep structure. Basically price is telling us that this is the last chance for us to short from this area. For the Bulls in this trade, the last chance for them to take a full profit from it. Short Entry is 1.0959 stop loss is above the 1.10000. A break of the...

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REASONS TO SHORT AGAIN: 1. TREND IS DOWN 2. PRICE IS BELOW THE MAJOR STRUCTURE 1.5912 3. PREVIOUS DAY CLOSE BELOW THE MINI STRUCTURE 1.5765 4. PRICE MANAGE TO CLOSE BELOW THE 14SMA AND MACD HAVE JUST CROSSED TO THE DOWNSIDE. PRETTY STRONG INDICATION. THE PROBABILITY THAT THIS WILL GO TO THE DOWNSIDE OUTWEIGH THE OTHER. WE WILL STAY SHORT BELOW THE 1.5912. HAPPY...

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EURUSD is pretty sold! Patient is the key with this one. The wave from 1.3431 level is the discounting wave. That wave gift has been broken( The green Trendline) We cannot be bold with EUR Long at the momment but the sign is looking up for some nice move to the upside. We must cleat the 1.3445 area before further sign of bullishness. Stop @ 1.3330