The EUR/USD in the last session made a double bottom on the 61.8% Fibonacci Level in confluence with the dynamic trendline of the bullish channel where today, the price may continue to grow more. We are Looking for a long continuation.
AUD/USD inside a Bullish channel in the last hours makes a strong retracement where the price now is close to the 50% - 61.8% Fibos Area where the confluence with the dynamic trendline and following the main trend may give a bullish impulse inside the channel to continues the rising.
USD/JPY during the night has a strong pullback on the 61.8% Fibo from the previous swing high a turn bearish in the direction of the primary trend. We are looking for a continuation of the short impulse.
EUR/USD Today the price is moving inside and accumulation is where the price bounces up to down. The scenario is still in a bullish trend where the price after touching 61.8% Fibo seems ready now to have a new Bullish impulse. We are looking for a continuation of the primary trend.
As predicted yesterday the GOLD continues to grow with a rebound on the 50% Fibo Area plus the confluence of the Dynamic trendline and the Divergence on the stochastic indicator. We are looking for a new bullish impulse.
As predicted yesterday, the price makes a Pullback on the 50% Fibonacci level inside a Bullish channel where the value finds a solid place where have a rebound to continue in the direction of the main trend. The Stochastic is still in the oversold area and seems ready to grow and the price moved again above the 50 Moving average. We are looking for a Bullish continuation.
The NZD/USD pair attracts fresh buying and jumps to over a one-month high during the latter part of the Asian session on Wednesday. The pair is currently placed around 0.6480 and this rally may continue until 0.6550 / 0.6600. Our Idea today is about a new bullish impulse in a continuation of the strong uptrend.
The USD/CAD pair attracts some sellers following an early uptick to the 1.3410 area dips into negative territory for the second straight day on Wednesday. The pair is currently placed near the daily low, around the 1.3370 region, and looks to extend the previous day's pullback from the weekly top. The price is still inside a Bearish channel in a strong downtrend...
Clear resistance here at 0.64-65. Several attempts up have failed. Looking short here down to around 0.62, at the bottom end of the channel. Check out my profile for more info on me and my trading strategy.
I can see here a higher low and support around 1.335. Momentum indicators are turning in favour of an upward move. I am now long here from 1.342 (-50 currently) but expect the pair could possibly move back up towards 1.37 in the near term for 350bps. What do you think? Give me a follow to see latest thoughts and opinions.
I suspect we will see GBPJPY pushing up to 161.00 as the next price target, having found support around 155.5. In Nov / Dec 22 we saw a very similar move, visible on the 4HR. If the pair fails to break 161.00 it could open up 150 on the downside. However if resistance at 161 isn’t overly strong, we could see a near term run up towards 168.00.
We can see GBPAUD becoming range bound. The pair clearly found support at 1.748,as it has 4 times before. I am long here looking for a move back to around 1.82. A break up could open up 1.92 as the next extended target. Thanks, follow me for more.
GOLD continues it's a strong bullish rally today with a retracement on the previous support zone in confluence with the Fibonacci level of 61.8% Where the price seems ready to have a pullback in the up-side of the chart inside the bullish channel. We are Looking for a Long pullback.
EUR/USD inside a bullish channel today have a retracement after reaching a new higher yesterday. The price should have a pullback around the 50% and 61.8% Fibonacci levels before a new long impulse in the direction of the main trend. Our Forecast is about a growing value today.The RSI in Daily timeframe shows a Upper side.
AUD/USD is Still inside a Bullish channel where today the price is making a retracement and reach a level of area 50% - 61.8% Fibonacci where is based on a support level and here the price may have a pullback to come back in the direction of the primary trend. We are Looking for a Bullish setup.
Gold prices hover around eight-month highs, having stuck to a tight range in recent sessions as investors awaited more cues from a slew of economic data due this week, with a particular focus on any signs of a recession. Today the price is trying to find the right support where get the pullback before growing more. Our bias and forecast are about a new Bullish impulse.
A generally positive tone around the equity markets undermines the safe-haven Japanese Yen and lends some support to the USD/JPY pair. The USD/JPY is still inside a bearish channel in a strong rally where we can see today the price makes a bearish Flag after a pullback of area 129.000 Price may continue today to drop more and increase the value of the Yen.
GBP/USD continues its bullish momentum with a pullback on the 50% FIBONACCI retracement and the price is making Higher-highs and Higher-lows inside a raising channel where today the value may increase their value with a new impulse to the up-side. Today’s UK employment shows an Average Earnings Excluding Bonus increase from the last month and the pair can take...