GBP/USD has just broken the daily trend line and is firmly bearish as shown on the daily and weekly TF. Will wait for confirmation on Monday before entering short on this trade. Lower bollinger band has just been crossed so expect this bearish movement to continue into opening trading hours next week.
AUDJPY has been in an overall bearish downtrend over the past few years... consistently making lower lows. Though price action has been choppy making violent swings, the market is holding its bearish bias quite nicely. For this reason we are only interested in taking a short position on this pair. We are viewing this slight bounce on the hourly to be a corrective...
EURGBP has been making consistent moves to the downside over the past month or so and for that reason we are only looking to play this pair to the downside. With that being said we are viewing this recent move to the upside as a corrective pull-back of the overall trend and therefore we would like to see price action stall out and then continue to the downside. We...
The GBP JPY Downtrend is expected to continue, spotted a possible entry for anybody looking to get in on the action.
on the monthly and weakly charts we can see a good resistance area with a nice candles patterns which is make me prefer to short once we break the daily trend, but now on the hourly we see a triangle and i think it will be broken from the down side to continue with the daily trend break short at : 0.7962 SL:0.7987 T1:0.7924 T2:0.7836
USDJPY has been in a pretty strong down trend since the beginning of 2016, consistently making lower lows and lower highs. Recently, we just broke out of a corrective consolidation zone marked by a grey rectangular box on the char which means that there is a lot of selling pressure pushing price action lower. A break below this current short-term uptrend may...
While EURUAD appears to be moving sideways, it has actually been extremely bearish over the past few months and this can be seen in the image below: With that being said, we are looking to ride this downward moving momentum and take a short position on a break below and close below of the supporting trend-line marked in blue. As always, we would like to see...
GBP/JPY is currently in a Down trend on the higher time frames. We can see how the Bears crushed the round number of 160.000 before a retest, back down, and now price is struggling at this area once again. My bias is Bearish and I hope we'll see some good price action around this area to go SHORT
Gold trade setup for Upcoming week , gold have still good Buying Opportunity , but we will be looking for Short opportunity because of there is Trend line resistance , So Gold might be got rejection from this resistance line ...
AUDUSD 240 MINUTES CHART ANALYSIS - TECHNICAL SIGNAL Recommendation: - Short below 0.69576 target 0.6775. - Alternative, long above 0.6960 target 0.7096. www.cambodiaforex.com
AUDUSD DAILY CHART ANALYSIS - TECHNICAL SIGNAL Recommendation: Short below 0.69576 target 0.6775. Alternative, long above 0.6960 target 0.7096. www.cambodiaforex.com
Eur-Aud Sell Opportunity Day Time Frame Create Pin Bar At 61% Fibbo Strong Structure Trendline Already Breakout Create Bearish Bias Suggest Sell Opportunity On This Pair
GBPNZD are trading in what i choose to see a bearish expanding channel. And we are currently at the roof of that channel. Piphunters are looking to short if we see intraday trendchange with the intention of turning this intraday day trade to a nice(we hope) swing trade. With a target at almost 2000 pips ( in the best of worlds :)) We are looking to short when...
Major divergence going on MACD this is an indication that we have a dead trend. As I see it the DZ @0.7465 is the start of the new trend. This new trend seems to be a corrective wave on weekly chart. Strategy on this trade: Aggressive: Place one BUY and on SELL order at reversal going on right now (check H1 for reversal pattern). Sell the long position at new...