AUDUSD had pulled back a little bit after the NFP, and that's when this 2618 start to worth attention!
0.6925 will be the combination spot, and it's easy to just put the out below the 0.6895 (structure and fig)
Let's see how it goes yo!
The $USDCAD or The "Loonie" as it's called has been just that for me this year... Loonie. Due to the vast differences in overall trend direction based on what timeframe you're looking at, I've had a very difficult time getting a read on this pair & making any type of longer-term projection,
With that being said I do have a shorter-term projection on my radar &...
I haven't had a lot of interest in the $EURUSD higher timeframes this year mainly because we've been dealing with an extended period of consolidation. In fact, all 3 of my trading opportunities have been pattern trades or short-term day trades on the hourly timeframe and lower.
Until we break out of our range & I get a clear idea of which way i believe the...
Happy Sunday traders, I hope you're ready for another week of quality trading.
As I start my top down analysis for the week, one of the pairs that remains on my radar is the USDJPY as we open the week with a head & shoulders top pattern. The head & shoulders pattern is a classic reversal pattern & after last weeks bullish breakout on this pair. Price has rallied...
KIRK has been dropping rapidly for the last few months. Falling right into monthly demand right now. Bought the monthly support. Looking for a bounce to about 6.80, but i plan on closing my position around 5.50
GBPJPY POTENTIAL SHORT
OKAY LETS TAKE A LOOK AT GBPJPY.JUST WANT TO LET YOU KNOW THIS CHART IS A LITTLE BIT MORE DETAILED THAN THE POSTINGS I USUALLY DO. I FELT THAT ALL OF THE ANALYSIS AND TOOLS USED WERE TO APPROPRIATELY ANALYZE THE HIGHEST PROBABLE MOVE IN THIS PAIR. AFTER LOOKING AT THIS CURRENCY PAIR AND THIS LAST WEEK OF PRICE ACTION, THE MARKET HAS BEEN...
After yesterdays news/non-news which we call the FOMC statement. We've seen some of the USD pairs push lower. The push lower on the EURUSD as allowed price to complete what is called a Bullish Cypher Pattern
In the weekly frame price seems to be correcting the whole impulsive leg in a flat structure. Currently we are in the B part of the flat. For those who have not positions in this pair try to look for pullbacks or corrective strucutures in lower time frame to join the bearish trend