Thos who would like to play the Long side of AUD/USD may find an entry at this key support zone
After price break the neckline, i'll wait price pullback to 61.8 level to entry buy
utilities sector looking strong daily timeframe shows positive trend strength and rising MA's intermediate shows rising MA's with Short term MA slightly weakening looking for pullback into support area of 81.00 area and bounce back to 81.60 area for a retest of resistance obv showing positive volume pressure Short term MA and VWAP working as dynamic resistance...
As Canada continues to show strength, I'll be looking for a buying opportunity in the zones identified on the chart above. As of now, I have no reason to put any orders in, but I'll be keeping a close eye on the markets as the "real" trading week begins today. New wise it'll be an interesting week for this pair as we have a handful of FED members speaking along...
Sector performing strong -Long term trend is bullish with strength slightly weakening but still in uptrend...consolidation -intermediate time frame showing a nice flag forming after that sharp quick advance finding support in the 80.18 area -relative strength is slowing showing a nice pullback -the real tell is the obv which is showing the positive volume...
Mid term and short term sellers can look for shorting opportunities on pullbacks into 0.9860...
Breaking down from the higher timeframes to lower ones we have potential entry setup for Buy on GBPUSD. As you guys already know, I don't track news events much for taking my trade decisions, so its basically technical stuff, thats it. There is another chance for GBPUSD which is break of lower trendline, well right now it doesn't matter, I will post it out when...
as price break the neckline. i will take short position if price pullback to the structure.
Continuation of the downward trend after pullback.
look for sell entry on pulbackk to the structure
buy NZDJPY on pullback after break trendline using gartley pattern
After the second round of the 2017 Frenchelections profit taking put the EURUSD under pressure. Price is now resting in the support area and potentially form a double bottom Observing the most recent downtrend line for a rally continuation