thebrowntrader

thebrowntrader

We saw a big move in USD/CHF yesterday following the news. Currently, USD/CHF is holding the 0.90000 level as a strong support level as we can see. Potential buys if it comes down to the marked area. If it breaks below the area, will wait to see how it reacts to the 0.90000 area. Bias is for longs as it also has an upward trendline on the 1D chart.

thebrowntrader Updated 

USD/JPY has held the 151.750 level as a strong resistance for quite a while now, yesterday it broke above and has stayed above. Looking for a good move above for buys. DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or...

thebrowntrader

We saw EUR/JPY beatufully react to the 165.000 area. EUR/JPY also has a 4HR/1D trend line in play. We can expect it to come down to the trend line and see how it reacts to the area marked as well as the trend line. Looking for buys if it respects the area and show us a good bounce back. This may not happen until next week so lets keep an eye on it. ...

thebrowntrader

For AUD/USD, we saw a huge drop in the price following the CPI news yesterday. Today, it is near a key level of 0.65000 which has been acting as a great level of support. Waiting to see what price does around this area. US PPI news coming out today so we can expect big moves. For long positions, waiting for a bounce back. For short positions, wait and see for...

thebrowntrader Updated 

GBP/USD showing a good downtrend on the 4HR chart. Looking for sells after rejection from the trendline and the zone marked out. Potential target will be 1.25000 zone marked below. DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for...

thebrowntrader

Waiting to see what EUR/JPY does around this key area. It has also been in an uptrend since quite a long time. If it breaks and retests the 165.000 area, looking to buy. If it rejects from the area, looking or sells. DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL...

thebrowntrader

expecting gold to reach 1980 area before making a big move down towards 1910