$EURAUD do or die for the bearish trend #currency #forex #fxsignals #ichimokou
this one is easy. look for the dollar to get stronger this coming week and the euro to fall out of this supporting trend line structure.
eurgbp has broken what i believe to be a major recent support trend line on the 4h chart and retested it. lets see if it can hold. im thinking a short here tho.
It looks like there's a cup and handle pattern forming on the daily EURGBP. The inside day candle from Jan 20 indicates to me some indecision that could result in a big break out. I'm going long on this from the next candle, with a tight stop under the handle lows. For a more conservative entry, it might be a good idea to try entering if the resistance level at...
time to go short. should be headding back down now due to the resistance its facing
this is a Price forecast only, NOT a Timing forecast. long term dollar should make it all the way up to the channel line, and maybe slightly exceed it around 110. this May coincide with a significant deflationary event (similar to the year 2000 stock market correction and subsequent slide). while dollar goes down you should be able to go long on Commodities like...
USDCHF looks to be at an interesting point to me. I'm thinking of going long at 1.0216 (entry would be just above a resistance level at 1.0211, if it manages to break it) with TP at 1.0299 (another longer term resistance level) and a SL at the point I think I would be wrong, which to me is into the body of the last daily candle. At about a half of the ATR on the...
Trump backed USD is expected to be strong, and EURUSD pointing towards parity in the long run. Not yet, though. At least in the short term. There is still time until Trump officially walks into the White House. Previous structure, Fibonacci (long term as well, grey line) and MAs could create a good long in the short term, until 1.07500 !!
I'll keep this short and sweet, I can't see too many other scenarios to be long EURUSD much earlier than parity (even then I think I still want to be short). Anyway, Massive resistance sits around 1.0500 and we have a monthly pivot up at 1.0580, I will be looking for any reason imaginable to sell this pair at those levels, I'll probably start small at 1.0500 and...
Trade based only on MAs: 150 and 200MA crossing. Worth attempting short here. Let's see if only MAs themselves are a good trade strategy indicators (Well, we also have good resistance tested on 23rd Dec) Good luck
GBPAUD - 4H TREND FOLLOWING STRATEGY GBP is losing momentum over a few pairs from current uptrend. Lower highs are being made. MA gaps are closing and should cross and stay below MA60 indicating new downtrend. Currently looking for a test of resistance MA40 below MA60, with a bearish conformation candle for entry. Additional strength to theory - Entry from...
GBPJPY Been waiting a few weeks for the current uptrend to show signs of fatigue. Two very important MAs for this pair have crossed confirming that the top has been found IMO. Price has now tested MA20 as resistance below the MA50 Setup for Short order will be after current 4H closes bearish. SL set to top of previous 4H candle 145.746 + Spread TP when price...
I was checking out USD/CAD amongst the several pairs on my watch list, and it looks like a decent opportunity to short. Support from October is @ 1.30036