GBPUSD H1 - Support at 1.27 is a big number, very interested to see if we break downside or see and double bottom break with HH's being set and a retest for market reversals. I'll mark the reversal setup now.
GBPUSD H1 - Long setup shown here, if we double bottom on 1.27 and break to set new highs, we could retest either 1.27300 or 1.27 for a third time to then bounce and reverse the trend, we are in consolidation at the moment I would say, so a breakout could be expected soon!
USDJPY H1 - If we see DXY break this current resistance price we could expect something similar on UJ as indicated. Really need to break 104,800 and set new highs first of all, but this should tie in with DXY and UC too.
Silvergate Capital They have been doing well but look for lower prices in coming weeks. They could be lending money to the Next big thing today that will get us out of a jam tomorrow.
Aggressive selloff fueled by BOE. Other GBP pairs seem like they want to start correction, we have some sort of support zone here on GU, but still very active with bearish markets, interested to see if current price holds as support.
GBPJPY We talk about impulse pairs and how to trade them with 0 drawdown in the advanced system which is coming out very soon! Wick and risk free trading effectively, lets see if this holds without bottoming out again.
Gold H1 - Saw a heavy gold selloff yesterday after rejecting that double top resistance. Caused a break of trendline and a support break too. A potential retest of resistance at 1953.00 could see us gear up for a possible second wave downside.
EURJPY H4 - Seen a little lift here on EURJPY, bounced from support initially, not sure how much mileage this has, but we need to break that sequence on lower highs shown from between 10th and current date.
DXY H4 - Support held from the breakout price, wicked down to trendline support. Need to break new highs and maintain that HH and HL sequence to compliment some of these USD*** long setups, such as USDCHF and USDCAD.
GBPUSD H4 - Short setup almost complete. As mentioned, much the same as all other GBP pairs, getting slammed at every excuse possible. Big bearish pressure, whether profit taking is seen today as it's Friday... we will soon find out.
GBPJPY H4 - Short setup may still be valid, we pinned that 50% corrective point, still just trading below 138 or atleast around 138 which is where our weekly and S/R zone sits.
EURJPY H4 - Very much the same kind of trading conditions as GBP just a little less aggressive, which we highlighted yesterday. Looking for exactly the same, WAITING for a break downside to clear 124.500 support and then a subsequent retest, this would be the next possible point to jump in with the downside trend hopefully.
GBPJPY H4 - As mentioned, the system doesn't change just because the environment has changed. Setting an alert for 138.000, this is a 382 corrective point, whole number, weekly and local support zone, so 4 confluences there. Will see where we are and how we are looking as/if we hit 138.000 for possible shorts.
USDWTI H1 - Consolidation is breaking, a retest of $39/B ish would be good, maybe even $39.10, moving this up the watchlist for a potential trade today.
EURJPY H4 - Little reaction from 125.400 support region, bounced 20 pips in quite quick succession, if support holds this may be something we look to buy. Not entirely sure of the EUR still, seemed to have lost a little ground since market open on Sunday, but not near as much as GBP pairs. If support holds a while on EURJPY and EURUSD (1.18 support) we could...
XLF seemed to avoid selloffs on Thursday/Friday where the rest of the market couldn't. Looking for further confirmation Tuesday/Wednesday 9/8 & 9/9
GBPJPY H4 - Break and retest here on GBPJPY. Possible zone trade on our hands from resistance down to 139.860 support. Awkward timing with it being Friday and NFP just around the corner in a couple of hours. YEN is usually quite a big mover off the back of the 1:30pm event. Additionally, H4 candles still very active
GBPCHF H4 - Looking to retest that S/R zone and trendline support, ties up nicely with our fib zone and monthly key level too, 1.21 is a whole number too. Multiple confluences stacked here.