AlexxChan

AlexxChan Updated 

XAUUSD has been every bullish lately, and there is a possibility that this pair might head lower to have a breather. Currently we can see the pair forming a triangle pattern which indicates a breakout to any direction. I'm personally going to play this pair safe and wait to see what happens next. Happy trading!

AlexxChan Updated 

A clear pennant formation can be seen forming on AUDJPY. I suspect the pair to head one more leg lower before breaking out to the upside. Let's see what happens

AlexxChan Updated 

EURUSD has been steadily going higher and higher, and if my wave count is correct, I am expecting a 5th impulse wave up to around 1.13500. Personally I am waiting for a clear signal to see a reversal on the current movement.

AlexxChan Updated 

A clear triangle can be seen forming on EURUSD. Prices can go either direction, but my bet is that it's going to go lower. Trade safe and play the breakout/

AlexxChan Updated 

The overall trend of GBPCHF is bearish at the moment. After seeing a retracement back up to 1.1427 and failing to create a higher, a strong push by the bears indicate that the downwards momentum will continue. With a break of an upper limit and small break of the lower limit trend line, I expect a retracement up before down lower.

AlexxChan Updated 

If you've been following my analysis lately, you know I love playing the breakouts. For this pair, I'm going to call a 5 wave move back down to 1.08100. I'm personally going to wait for the eurusd to retrace back up to 1.09432 before entering a short to lower lows.

AlexxChan Updated 

After failing to create higher highs and heading pass the 76.40% region on the daily timeframe, my play on USDCAD is to continue to short it. Personally I'm going to wait till the pair heads up to 1.32733 before shorting it again (i like to play conservatively).

AlexxChan Updated 

Clear breakout from EURJPY. As always, I like to play conservatively, I'm looking the pair to retrace back up to 126.050 before entering short to 125.571. If you are an aggressive trader, you could short right now.

AlexxChan Updated 

With a creation of new year low, I suspect EURJPY to continue its downtrend in the future. Right now, i expect the pair to retrace higher first to 123.636 levels before making its next move lower. However, there is a chance that EURJPY may push up to 124.937 as the pair has seen very bearish momentum lately. Trade safe.

AlexxChan

With a break of a very strong trendline developed since the end of December, I suspect AUDCAD to head higher. After completing a beautiful retracement 1.00340 to 0.99115, I suspect the pair to continue it's bullish momentum.

AlexxChan Updated 

With gold making a clear upwards breakout from 1247.96 levels, there is a clear path for gold to head to 1278.39. Personally I am going to wait for a retracement back down to 1255.00 before going long again. For more daily signals and analysis, please follow me. As well don't be afraid to leave a comment either you agree or disagree. Happy trading!

AlexxChan Updated 

With the crazy ECB announcements, there might a bullish trend reversal on the pair. After a clear break of a bearish trendline, I expect EURAUD to head higher in the near future. However I am expecting a small pullback before it makings it's next big move. Trade with care. For more daily signals and analysis, please follow me. As well don't be afraid to leave a...

AlexxChan Updated 

Going to put this crazy forecast and see how well it goes. With a break of a downward sloping trendline developed since mid February. I suspect prices are going to at least hit the 23.6% fib level (1.48689). Let's see how it goes

AlexxChan Updated 

If you follow me, you would know that I had suspicion that USDCAD is going to head to the downside. With a break of the support region at 1.34439 and multiple failures throughout last week to create higher highs. I believe USDCAD will drop lower. Right now, I'm going to put out this trade and see where it goes.

AlexxChan

EURCAD shows signs that it's going to its downwards trend. With an evening star popping up right at the top of the trendline, we can expect the trend to continue lower. The next resistance identified is 1.45210. I expect prices to hit that point before EURCAD makes it's next move. For more daily signals and analysis, please follow me. As well don't be afraid to...

AlexxChan

EURAUD headed perfectly downwards to where I suspected it will be. At this point, prices are just above the 76.8% fib level, and with highly oversold RSI and MACD. I suspect that prices will head back up to around 1.5069 and possibly complete an ABC retracement as indicated on the graph. I am still bearish on EUR pairs, however this is a good opportunity to buy...

AlexxChan Updated 

With AUDUSD unable to break above 0.72441 and create higher highs and a bearish divergence signal is in place. I good risk to reward ratio to sell the pair is a great oppoutunity

AlexxChan Updated 

With USDCAD breaking a daily trendline developed since May 2015 on the daily timeframe, the pair might be finally heading back down. With prices currently under the 100 MA and below the trendline, i would personally stay away from the pair until it goes back up past 1.36563, or until it breaks 1.34439 to head for lower lows.