magbrr

magbrr

CADJPY is currently trading above 85.260 level and our view is the pair is bullish. First, second and third targets are eyed as shown on chart. www.trading-equity.com

magbrr

CADCHF experienced some shaky sell-off last week following some fundamental numbers in retail sales. We view that sell-off as trend correction and is potentially over as the continuation of the uptrend which began on the 6th of March 2018 could possibly be underway to completion. A daily close above 0.76594 should further solidify this case.

magbrr

With BTCUSD -8.09% forming an evening star pattern at critical resistance level , we favour deeper correction of current upward momentum towards 50% retracement of 11239.0 to 7878.50 @ 9558.70. Overall view is still mildly bullish provided price is contained above 38.2% retracement of 11239.0 to 7878.50 @ 9162.2. Price close below 9162.2 will invalidate any bullish bias

magbrr

Hi All, haven't done this for a while now. However, AUDUSD 0.14% pair showing bullish gusto. R1 already taken out as shown, bringing R2 into focus as next target. Should R2 be taken out on the daily close, R3 becomes next focus. Happy Trading

magbrr

NZDCAD anticipated bearish movement shown by black arrows in chart.

magbrr

GBPCHF - wait for further confirmation. Direction bias = downward. Break of support line shown = target 1.22 area

magbrr

Trendline analyses shows that it's time to take profit on USDCAD pair long entry earlier this week.

magbrr

AUDCAD locked in critical daily range shown.

magbrr

AUDCAD has traced out a bearish formation. First support target as shown.

magbrr

This pair appears to be bucking a larger trend. However further close below the 1.2964 level (0.382% fib zone) shown will move price to 1.2875 support on intraday target basis.

magbrr

EURCAD traded into neutral resistance. No bullish momentum yet

magbrr

GBPUSD broke key resistance last week and currently is bucking the direction of the trend. Uptrend still intact with targets as shown. Current downward movement shows weakening of momentum with bias to the upside

magbrr

GBPUSD showing real bullish promise with good food backing it apparently. Positive close today above Resistance line shown opens next target area positively.

magbrr

Despite ongoing and final week downward momentum, EURGBP still has bullish structure. Strong support zone and next bullish target zone as shown. Break below current support invalidates bullish view.

magbrr

EURCAD downside momentum is very much on track from our perspective. Next target support shown.

magbrr

EURCAD view now turns bearish only as long as daily price trades consistently below 1.4646 area critical support. Further drop to 1.43 will be expected in the coming week or two.

magbrr

EURGBP revised target shown

magbrr

EURGBP pair is still bullish. Personality and structure of pair makes it vulnerable to further upside extension. Current movement is viewed as effect of instant correlation and only a break of former resistance turned support is needed to confirm protracted delay in upside extension