Watching this pair for AUD news in about a hour if we get week unemployment numbers I will look to take this setup as price is sitting above support waiting for a breakout. I will take Audusd long if good news out of the Aussie. This news event could bring a strong move to this pair
Price may have potentially broke out of its counter down trend line, waiting for a close above 61.8 fib & retest for price to potentially go back to daily resistance. Waiting for more confirmation :)
Price looks trapped in a triangle within its daily uptrend line & Daily resistance. I will watch to see if price can reach the red triangle to look for short positions, or wait till we get a break of that daily uptrend line for price to roll over to the downside. Overall looks very bearish this one will require some patience but is definitely on the watchlist.. :D ...
Watch for a break above medium resistance level & break + Retest of daily downtrend line. This pair is still very bullish in my opinion but will require some patience...
Descending triangle wedge, waiting for a breakout to continue bearish momentum. Price has been consolidating after its last push to the downside, a strong move is to come! GBP news data again in 3 hours I will look to enter after break of support & wedge pattern..
Trade with care!
EURUSD had a bounce off the 0.618 retracement from 1.1736, and if it's able to give further continuation, this cypher pattern will probably be completed.
My game plan is to wait for reversal sign near 1.1855-1.1875 , that will be my cue to short!
MOST IMPORTANT of all, this chart has no implication that it will reach there; my mindset if it reached I would like ...
Price has been moving sideways for some time now, & just recently we got a break to the upside & close above resistance. I have been waiting on this pair for some time now. A slight retest at the 50 fib level/trendline is likely I believe we are headed up now..
Watching for a potential breakout of bull flag, ill be watching this & NZDUSD for a breakout. On the weekly trend still looks very bullish, so now I am waiting for a break & retest for more confirmation ...
Trade with care!
Looks like price retraced back to strong resistance, 200 EMA playing on that as well. Price seems to be trapped so I am waiting on a close below the red rectangle & possible retest to visit its recent low. Potentially break that level & touch its daily uptrend line. Price is making lower highs & lower lows at this time..
Trade with care!
Good afternoon everyone
so lets look at the usd peso , at the moment I still do see the usd a bit bearish and that is why I feel this market we can see a correction of some sort: If the breaks further lows then I will trade the long once the correction has stopped. I do feel we still have ways to go to higher levels with this pair and am looking forward in ...
Last week we saw Gold follow through with the momentum that was started with a bounce off major support at NFP results Oct. 6. It broke out of a downtrend on the and started to rally, creating a bullish market structure.
Based off major timeframes we could see the bullish momentum continue with the first target being the 1310-1315 area. What is uncertain is when ...
Will be looking to take this pair long during GBP news in 3 hours if good data, If weak data ill be watching GBPAUD. Price now above daily support & right below the 61.8 fib. News will break this fib & continue to the upside depending on the data. Watch for break of Weekly downtrend line & retest for a long term long making potential higher highs & lows.
Price broke above resistance & is currently sitting above the 61.8 level. I believe more upside will come to this pair & weakness to CHF. "W" formation as well, for full target details ask for telegram I don't think ill be posting much on here from now on.. Well see
USD/JPY has been on a strong rally since breaking a major support a few weeks ago. Since then price has had a lot of bullish momentum helped by hawkish FOMC statements from the Fed and has risen quickly to a major daily resistance zone. Seeing how price reacted to this zone at the end of the week shown some rejection and a break in the minor support and TL. We ...
Last week we saw USDJPY move to the downside on dollar weakness provided by NFP the previous week. The momentum was not so strong but it did start to make a bearish market structure as it approaches a major support zone around 111.250. This is also the first downside target for this coming week.
This week with the inverse correlation with gold's bullish momentum ...
Price still respecting its downtrend. Price came & rejected at the 61.8 fib level, then head back to the downside. On the 4 hour we see a break & retest of broken trend line taking place. Tomorrow there is big US dollar news that will determine if we will regain some strength or continue bearish through next week. Something to be mindful of for sure.. We may be ...
