technicals

EUR/USD – Trading Tips Keep a special focus on German PMI figures and ECB data, however, I'm considering to stay bearish below 1.1095 to target 1.1065 and 1.1030.

Overall, USD/CAD is trending upwards. Recently, USD/CAD has been trying to move higher but failed to do so once it comes close to the resistance level of 1.33300. The Canadian CPI m/m data will be released later tonight at 2030 (SGT). CPI m/m (Forecast: 0.1%, Previous -0.2%) The CPI m/m data is forecasted to perform better than previous month’s data release. If...

Overall, EUR/USD is trending downwards. Recently, EUR/USD has been ranging across within a 50pips range. A series of PMI data will be released tomorrow afternoon. French PMI data release at 1515 (SGT) Flash Services PMI (Forecast: 52.5, Previous: 52.6 revised from 52.2) Flash Manufacturing PMI (Forecast: 49.5, Previous: 49.7 revised from 50.0) German PMI data...

Overall, GBP/USD is ranging across. Recently, GBP/USD has been showing some signs of strength, largely due to German chancellor Angela Merkel’s announcement that the EU will think about practical solutions to the Irish backstop without having to reopen the Brexit Withdrawal Agreement. One of the reasons why the British parliament insists on renegotiating the...

Overall, NZD/USD is trending downwards strongly. Recently, NZD/USD has resumed its downtrend, breaking the support level of 0.64000. The New Zealand Retail Sales data will be released tomorrow morning at 0645 (SGT). Retail Sales q/q (Forecast: 0.1%, Previous: 0.7%) Core Retail Sales q/q (Forecast: 0.2%, Previous: 0.7%) The retail sales figures are forecasted to...

Bullish engulfing candle setup at activity zone triggering positive RR trade.

Overall, AUD/USD is moving on a downtrend. Recently, AUD/USD has been ranging across. Yesterday, AUD/USD tested and rejected the key level of 0.68. AUD/USD’s next support level is at 0.67000 and its next resistance level is at 0.68800.

Overall, USD/JPY is trending downwards. Recently, USD/JPY has been ranging across. Currently, USD/JPY is moving towards the key level of 106. The next support level is at 105.000 and the next resistance level is at 107.000.

Overall, USD/JPY is trending downwards. Recently, USD/JPY has been ranging across within a 55pips range. At the moment, USD/JPY is moving towards the resistance level of 107.000. Its next support level is at 105.000.

Set up: Oil prices are testing the daily down trend line which coincides with a strong zone of resistance. SL is set at the high of last week (57 area) and the TP at the lows of the last week (53.8 area)

Overall, AUD/USD is trending downwards. Recently, AUD/USD has been ranging within a range of 45pips. AUD/USD is currently hovering below the key level of 0.68. Its next support level is at 0.67000 and the next resistance level is at 0.68800.

Overall, NZD/USD is trending downwards. Recently, NZD/USD’s movement has been quite muted. At the moment, NZD/USD is hovering above the support level of 0.64000 and its next resistance level is at 0.65700.

Overall, USD/CAD is trending upwards. The recent downtrend was reversed by a strong upward move. At the moment, USD/CAD is testing the resistance level of 1.33300. Its next support level is at 1.31800.

Overall, GBP/USD’s downtrend is coming to a halt. Recently, it has been ranging within a 200pips range, not giving a clear sign of direction. GBP/USD is currently testing the key level of 1.21. It is moving towards the support level of 1.20000 and the resistance level of 1.22000.

Overall, EUR/USD is trending downwards. Recently, EUR/USD’s downtrend has slowed down. Yesterday, EUR/USD tested and rejected the key level of 1.11. At the moment, it is heading towards the support level of 1.10400 and the next resistance level is at 1.12750.

Beginning to see NYSE:T is attempting to break out of a longer term downtrend. I have a bullish bias above 32https://www.tradingview.com/x/JEjISZhN/

Looking to BUY GBPUSD in BUY AREA and close position in TP AREAS. (30+PIPS) TRADE SAFE.

price within an ending diagonal triangle -> end phase of a bearish trend (at least temporary) - 5 wave structure within the ending diagonal seems to be completed. - Confirmation would be a break of the upper resistance of the ending diagonal. If price rejects form here price should test the pivotal 0.5er fib level of the Blue range. -RSI, Stoch and Godmode...