GBPUSD H4 - Lots of consolidation being seen on support, on the fence with the GBP at the moment (as explained in the weekly watchlist), however, decent RR, we know the USD isn't performing particularly well at the moment too. One to keep an eye on.
GBPJPY H4 - UK PMI data was positive, along with retail sales data before the session had even kicked off. Looking to see if we find support around 138.850, we could then look to trade back up to resistance.
Level of confidence on this trade is Low/Mid and I will wait for a few minutes after the market opens to determine whether I'm entering with a Buy Stop or a Buy Limit order. Corridor breakout. We are out of correction and it could now push up to +$2000. Target price set at new Resistance bounce. - 5-month uptrend - RSI and STOCH above 50 - MACD above...
Corridor breakout. New support confirmed multiple times yesterday. Target price set at new Resistance bounce. - 5-month uptrend with a 2-month correction - RSI and STOCH above 50 - MACD above Signal Suggested Entry $12.01 Suggested Stop Loss $11.72 Target price $12.85 Note that I tend to adjust stop losses in order to secure profits early and preserve capital....
Be mindful of earnings on the 19th of August. Uptrend resistance breakout. There could be a short term pullback, but overall price is looking to establish a new uptrend corridor. Target price set at a new potential resistance line from February's high. - 5-month uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $475.83 Suggested...
GBPJPY H4 - Broken the consolidation minor pullback to 139.400 ish would be good to look for long potential.
EURNZD H4 - Break and retest seen here on EN, potential downside mileage as we catch more volume, early on during the week, expecting more to unfold, hardly anything on a data front to move markets so just need to sit and watch.
GBPUSD H4 - Nice strong GBP rally for the last few weeks, performed excellently, saw a bit of exhaustion towards the latter part of last week as we failed to set highs, that being said, we haven't set new lows, so we are technically range bound until we see a breakout. Generally would like to catch an opportunity to buy from support and hopefully break new highs...
time for retracing back to last support / fib level u see it right? so u know what to do
DXY H4 - Another week of USD weakness. Clear downtrend seen here on dollar index, other pairs such as USDJPY, USDCHF following very similar suit.
EURJPY H4 - Clear consolidation (pennant) seen here on EJ. Nice strong rally with minor pullbacks from 120.300 to 124.300, now starting to see some accumulation/consolidation, gearing up for the next breakout. Bullish pennant, typically expect a bullish breakout. Generally seen as a continuation pattern, but if you wait for the break and retest, you're able to...
EURCHF H4 - CHF has seen a recent bid, GBPCHF and EURCHF has dipped a little, trendline support on GCF has broken, but support on EURCHF sits at circa 1.07220, lets see how this zone holds as we approach close, could look to buy back up to resistance at 1.07900 which offer over 1:5, with a little bit of luck could break resistance again and look to set new highs,...
FX:USDCAD BUY 1.341 SL 1.336 TP 1.3445 LAST 6 FINISHED ALERTS RESULT +396 PIPS IN PROFIT
OANDA:AUDJPY SELL 76.17 SL 76.6 TP 75.7 FX 💹 5️⃣ STARS ⭐️⭐️⭐️⭐️⭐️ ALERTS ⚠️ WEDNESDAY’S PROFIT & LOSS +99 PIPS IN PROFIT
FX:EURAUD BUY 1.621 SL 1.615 TP 1.625 FX 💹 5️⃣ STARS ⭐️⭐️⭐️⭐️⭐️ ALERTS ⚠️ JULY’S PERFORMANCE NET PROFIT IN PIPS FROM ALL ALERTS ⚠️ = PROFITS - LOSSES = 1,717 PIPS IN PROFIT
FX:AUDJPY SELL 76.53 SL 76.95 TP 76.2 FX 💹 5️⃣ STARS ⭐️⭐️⭐️⭐️⭐️ ALERTS ⚠️ JULY’S PERFORMANCE NET PROFIT IN PIPS FROM ALL ALERTS ⚠️ = PROFITS - LOSSES = 1,717 PIPS IN PROFIT
AUDCAD H4 - As we mentioned on the EA analysis, AUD seeing corrections, pulling back to our S/R zone and ascending trendline support. Would be good to see another bounce from here and another wave upside setting new highs.
FX:GBPCHF BUY 1.179 SL 1.176 TP 1.186 FX 💹 5️⃣ STARS ⭐️⭐️⭐️⭐️⭐️ ALERTS ⚠️ LAST 19 DAYS PERFORMANCE NET PROFIT IN PIPS FROM ALL ALERTS ⚠️ = PROFITS - LOSSES = 1,717 PIPS IN PROFIT