GBPUSD - RESIDING IN A FORMAL BEARISH PENNANT (DAILY) 1.4420 SEEMS TO BE A STRONG BARRIER (LOWER HIGH) POINT OF RESISTANCE. 1:2.3 RISK REWARD WITH A TARGET AT THE WEEKLY AREA OF SUPPORT 1.4260. A BREAK OF 1.4260 WILL LEAD THE PAIR RELATIVELY LOWER TO 1.4200. HAPPY TRADING!
EUR/USD POTENTIAL RIGHT SHOULDER FORMING AROUND: 1.1370-90 SHORT BIAS WITH A TARGET AT: 1.1250
USDJPY approaching the bottom of the range. Looking to go long to that 123.60 area. Tight stop below 115.70 .
Watch the Fake Out Break Out ( FOBO) here. Looking for a real kiss of that 50% retrace or 61.8%. Not convinced to go long here. Feels likethe institutions running this up to move it lower. Target 1 : 1.0786
EUR/USD - the last post Didn't do so well, Stop was hit however the EUR/USD is now resting on the FIB 61.8% There is a huge potential for the pair to rally up towards 1.1000 + beyond.. Self-Control Assessment: A self-control assessment is something that you are required to carry out before each analytical decision and trade execution that you make. Your...
GBPUSD CATCHUP! Hope Everybody had a great Xmas... Quite surprised with certain market movement especially sterling. Around a week ago my most recent GBP/USD analysis was published.. A bearish sentiment coupled with a specified target projection at: 1.4750 As long as the price remains below major RES/ former Supp: 1.5000 then there are no specifics to take a...
GREAT TOP PICK BY ONE OF THE EVERYTHING_FX TRADING PANEL MEMBERS.™ GBP/JPY Firmly bullish with eyes for the 195.00 Weekly RESISTANCE LEVEL. The monthly 190.00 Level held firm as support (Prior Resistance) And the current daily candle is a bullish engulfing.. Will be awaiting tonights candle close to go long on this pair with Target levels as shown and stops...
AS YOU CAN SEE I HAVE QUIET A FEW CONFLUENCES LINED UP. IN WHICH THE OVERALL BIAS AND VISION IS QUIET BEAUTIFUL IF I DO SAY SO MYSELF SEEN AS ITS THE FIRST TIME IVE EVER ANALYSED THE PAIR. MOVING FORWARD 2 TREND LINES HAVE BEEN BROKING AND KEY LEVELS OF SUPPORT HAVE BEEN DRAWN ON WHICH ARE ALSO IN LINE WITH FIB EXT. OTHER CONFLUENCES AND DETAILS ON THE CHART ITSELF.
USD/JPY HAVE BEEN MONITORING THIS PAIR FOR A NUMBER OF WEEKS NOW. INDECISION AROUND THE 122.00 HANDLE AND A DAILY TRENDLINE BREAK WHICH WE CAN SEE CLEARLY ON THE ABOVE CHART... M.A CROSSOVER SUPORTS BEARISH MOMENTUM. NEARLY A 1:3 RISK REWARD....116.00 BREAKS THEN THERE IS CERTAINLY ROOM BELOW FOR 110.00
Currently monitoring AUD/USD after completing a two year A,B,CD Fib Extension Setup... - Two weekly Spinning tops representing Indecision... - Monthly three falling bearish candlestick pattern - Possible upside trend line break break - Sitting on Lower Weekly channel boundary Need to await months end to determine medium term bias for this pair. More P.A needed...
XAU/USD- GOLD UPDATE (weekly chart)... EVERYTHINGFx have been bearish on gold for 6-7 months or so and anybody can go to the AstroFx YOUTUBE channel in order to view our historical technical analysis presented throughout the #TechnicalTuesdays Volumes. With the Global economic situation in mind... Ideally, investors will want to see another leg down on gold to...
After a successful A,B,C,D Daily playout on the pair it is now time to re-evaluate the sterling situation. 1.5350 Was acheived along with 1.5000! The fine work of Technicals, historical data and Fibonacci came together once again to give us high accuracy confluences in order to take profit. Currently awaiting the 3rd TL bounce around 1.5100 in order to take...
Hey traders, Another buying oppertunity here on the EUR/GBP! Now the bigger picture rules ALL in the market and this pair has completed a rather large . A, B, C, D formation finding support at 0.7595! We are now due for a bounce up to 0.7760 As the upside target zone. very clean,relaxed and simple Price action analysis from the team.
After 6 Months of a complete bearish bias on EUR/USD all the way down to 1.1600, we present to you our first short term buying opportunity! 1.1500 Strong support level is holding strong and we are long up to 1.1750! Will be watching DAILY price action around the 1.1750- 1.1800 mark in order for us to determine wether or not the pair is ready to go sort again for...