Bearish Continuation Expected. Waiting for Bullish price action at or around 0.6548 to enter long position.
Our bias is still to the upside but for now bearish price action remains. Waiting bullish price action at 0.68052 if it is broken to the downside I expect 0.67575 will be the next support level defended by the bulls.
Awaiting price action to enter a long position. Ignoring all sell set ups.
AbundanceFX is expecting a pullback to 108.63. Bullish price action at or around this level will confirm our long entry.
AbundanceFX is short gold to 1518 before stong rebound to 1588. Price Action at this level will be a catalyst for extented Gold Short. A break above can only negate short bias.
AbundanceFX remains short and awaits price action at ascending channel bottom. A break and retest opens the downside to 1.1017. Price action will be monitored closely until a clear break of channel resistance has emerged. Weekly Target is noted.
Short Pullback Expected. This is a small time frame opportunity. Trend is to the upside. Countertrend Pullback to 109.59. Price action at or around this level will indicate further downside or a buying opportunity.
Bearish Pullback nearing completion at or near 1.10016. Bullish continuation expected to target 1.1216 with extension up to 1.1249
GBPUSD is in a correction phase. Short continuation expected to 1.27230 a break below opens up the downside to 1.25870. A rejection of 1.27230 will lead to bullish momentum up to 1.29812.
Bearish Pullback in Progress. Bearish pullback expected to reverse at or around 0.68013. Bullish price action will confirm our long entry target of 0.71000
Bearish pullback expected to reverse at or around 0.63057. Bullish price action is needed to confirm our long target at 0.6579
A Pullback and retest of resistance at or around 1.3181 will confirm our long entry to 1.33364 with an extension to 1.3451
Bearish price action is expected to continue down to 107.50 with an extension down to 106.998. Bullish price action at or around this level will confirm a long entry up to 110.65
Bearish price action expected to 0.97814 with an extension to 0.97184.
Bearish price action expected in the short term to 1.1064. Bullish price action at or around this level will confirm a long entry back to the top of the daily channel at 1.11967.
Bearish price action is expected to continue down to 106.998. Bullish price action at or around this level will confirm a long entry up to 109.428
Pull back is underway. Bullish price action is needed to confirm our long position to 1.33470. A break below 1.30566 negates our long entry.
Bearish price action expected. Pull back is underway to 0.64289. Bullish price action at or around this level will confirm our long entry to 0.64967