If you follow me, you would know that I had suspicion that USDCAD is going to head to the downside. With a break of the support region at 1.34439 and multiple failures throughout last week to create higher highs. I believe USDCAD will drop lower. Right now, I'm going to put out this trade and see where it goes.
EURCAD shows signs that it's going to its downwards trend. With an evening star popping up right at the top of the trendline, we can expect the trend to continue lower. The next resistance identified is 1.45210. I expect prices to hit that point before EURCAD makes it's next move. For more daily signals and analysis, please follow me. As well don't be afraid to...
Evening traders, 1H Chart Planning out a gartley pattern on our D chart with prospects of hitting B's target. We've set 2 separate wedge's one on our 4H chart and one our 1H chart with basic projection honing in on our Long position. My tolerance for risk on this prediction is sitting at about 70% which is in my professional opinion quite high. NOTE: Risk has...
EURAUD headed perfectly downwards to where I suspected it will be. At this point, prices are just above the 76.8% fib level, and with highly oversold RSI and MACD. I suspect that prices will head back up to around 1.5069 and possibly complete an ABC retracement as indicated on the graph. I am still bearish on EUR pairs, however this is a good opportunity to buy...
With USDCAD breaking a daily trendline developed since May 2015 on the daily timeframe, the pair might be finally heading back down. With prices currently under the 100 MA and below the trendline, i would personally stay away from the pair until it goes back up past 1.36563, or until it breaks 1.34439 to head for lower lows.
We are overall Bearish on the EURUSD how I have spotted that we are looking to break key level of 1.09378. If we can break this resistance retest this level I will be looking to go long for no more than 28 pips. Take in mind this potential long may be a back for the overall trend which is bearish.
With GBPJPY continuing to creating new lows every week, i expect the same with this week as well. On the 4h timeframe, a beautiful dragonfly doji could be seen. Following with it are several bearish candles which gives me a strong sentiment that this pair will head down lower. To be on the safe side, I'm waiting for gbpjpy to break 156.624 before entering a short...
For the past few weeks NZDUSD has been very rangy and hasn't really showed any real sense of market direction to capitalise on. However, we have a nice quick little short setup we at tips4pips keeping eyes on. Price displayed a triple top formation at resistance + 200ema and also a false breakout of a major descending TL. We was looking for a break of the...
EURAUD has been an interesting pair for as well. It correlated well with my analysis last week and went positive around 100 pips before it turned around. The pair then hovered around 1.56011 levels before breaking clear the trend line as of this monday morning. My sentiment on this pair is now bearish, but i would want to see it test the 61.8% and 76.4% before...
80+ PIPS in either direction...Good Luck!!! KEEP THE RADARS UP!!!
Today's Chart - XAU/USD Overview : Gold gave up some of its sharp overnight gains on Friday, but held above $1,200 an ounce as a drop in equities stoked fresh safe-haven demand for the metal. On Technical charts, Current trend of Gold is bullish, it has given upside breakout from downward sloping trend. Now market is making higher top and higher bottom...
With a break of an 1hr trend line, I'm placing my bets that USDCAD is going to reach higher to at 1.3836 before making it's next move.
Gold is still very bullish. With a broken pennant formation in the upside direction, I expect the pair to reach approximately 1253.98 from this point on. But I want to also state that gold might drop a little to retest the trendline before moving higer.
WAITING FOR RETRACE TO ENTER!!! 200+ PIPS after retrace...Good Luck!!! KEEP THE RADARS UP!!!
Possible ABC into a Harmonic Bat or Gartley or even a Butterfly! Either way, I'm looking for more upside... Waiting for the break to enter 250+pips upside...GOOD LUCK!!! KEEP THE RADARS UP!!!
1.4166-1.4133 price consolidated and dropped. meaning alot of sellers sold at that area meaning a possible unfilled market orders still in that zone.... an example of this below when price on a daily TF reacted and dropped from my zone 1.4101-1.4081 so i expect the same. i will take profit at 1.38500 and i will move my stop loss into profit once it begins to...
1) Buy Limit 1.1080 SL 1.0880 TP 1.1500 = 420 pips TP 2) Buy Limit 1.0930 SL 1.0800 TP 1.1500 = 570 pips TP Ramane de urmarit Strapungerea / Testarea si Confirmarea nivelului 1.1130 Fundamental mai mult politic ar putea influenta miscarea in sens invers dar economic EUR este in crestere! Cel mai probabil va urma o miscare laterala pe o perioada. Pe la...