Eurusd broke out of the structure , also looking at monthly time frame, EU could head up to 1.28 .
With NFP figures that boosted USD Strength, also on a technical point of view, i am looking for a bearish flag formation, while respecting the pivot point at 1338, that could be a good confirmation till 1300 range. This setup is solely for short term , in the long run I am still bullish after this short finishes.
With the structure on the weekly, while making higher low, I see this happening in the long run, as the US Dollar would keep declining, and investors looking for safe heaven. Feel free to share your view :)
USDJPY bounced off from the a strong resistance zone, and I expect temporary bullish rally upto 113.00 range, looking at weekly, i am expecting a huge short opportunity from 113.00 zone, unless it breaks out from that zone. So my final bias is : Temporary bullish and long term sell after the completion. Please Feel comfortable to share your bias as well in the...
The price broke a strong support zone , now waiting to enter at the retest of the zone before we go short. still a potetial of 200+pips
need a flag formation for a good confirmation, my bias is still bullish
GBP has been gaining strength after a hard brexit faced in 2017, we are looking for recovery against the negotiations . there is a possibility for a short term sell due to the strengthening JPY , also as the technical structure suggests. for long term , my bias is still bullish
USDCHF- Finally broke out of the strong support zone, as I said in the last idea , this zone was very important as it wwill open the door for another 150-200 pips short opportunity, wait for a flag to enter, and don't be caught in some wicks,
EURUSD SWING IDEA (14/1/2018)
USDCAD- is near a very crucial zone , at this point, I would be looking at how the prices react here. If we get a flag formation(or consolidation), that may be a good confirmation for a short move for 200-300 pips while respecting the trendline.
I am looking for one more push up till the price 17k, before we could have another short rally.
My bias is still long on GBPUSD
UJ has stepped up on a major support zone, while i see a clean divergence on h1 .
NZDUSD is near to a very nice resistance zone, and we have seen a rejection in the first week of January . I am looking forward to watch those price to make a flag pattern before it could break those level, or this level is going to be a hurdle. In my opinion i am still Bullish on kiwi
Eidoo(EDOBTC)-Trade Idea/Analysis