AUDUSD has broken a major trendline down @ 0.6932 with heavy sell pressure, price trading currently @ 0.6878, with technical analysis I see the price getting to 0.6851 before any retracement, if the 0.6851 price level is broken then the price will another support at 0.6797. Bias SELL BELOW 0.6851 TARGET 0.6797.
The AUDJPY is heavily on a sell pressure, from the daily time frame we can see an inside pinbar, the price just broke a major support at 74.89, with our price projection we see the market heading to 73.69 price level.3 Bias SELL at Current Price 74.44 SL 75.25 TP 73.68
The EURGBP pair has being selling below opening price since the beginning of this week, with head and shoulder candlestick formation on 4H time frame, We can see that the neckline has been broken and retested around 0.8613 price level, with the Selling pressure from higher time, I see more sell on the pair. Bias: SELL @ CURRENT PRICE 0.86090 SL 0.86544 TP 0.85660
The GBPJPY Bullish rally is getting exhausted and getting ready for U-Turn for Sell, we might call it short retracement. from 1H time frame the Bullish Channel has been broken on the down side, when price is seen below 139.89 this will give more credit to SELL bias to 139.90.
SELL POSSIBILITY ON AUDUSD AS THE PRICE IS DROPPING FROM THE TEST OF NECKLINE BREAK OF DOUBLE TOP. TARGET 0.7059 STOP LOSS 0.7123
From daily time frame you can sight a strong candlestick bullish setup already confirmed by a bullish candlestick at a psychological level support. with this strong trend up from lower time frame, i see the price hitting 126.20 price level. Bias : BUY EURJPY @ CURRENT PRICE 125.07 SL 124.35 TP 126.20
From the lower time frame of 1H the CADJPY pair has a strong bullish momentum building on the trend, seeing a bearish pin bar confirmed by a bearish candle at the major resistance price level also with the pair consolidating for a bull back at current price region, powerful reversal candlestick signals, i sense a breake of this trendline. when moving below 85.49,...
From Daily time frame we can see that the NZDJPY pair is making Lower Lows, and forming some power candlestick reversal signal. RSI is below 70 for oscillator indicator pointing down. Bias: SELL NZDJPY @ CURRENT PRICE 75.44 TP 74.86 SL 75.80
From Daily Timeframe the AUDUSD Pair is bouncing off a lower trenline of a bearish channel which is acting as a major support level, a fibonacci retracement level of 38.2% confirms 0.7028 price level as a major support also. with bullish engulfing candlestick price Action setup, a of the price above 0.7106 will Push the price to 0.7185, then 0.7285 price...
From the chart we can see the USDCAD Pair trending on a bullish channel, making new higher highs,with the Bullish Momentum setup on 1daily time frame, I see the pair breaking the upper trendline channel at 1.33634 , a retouch of this price level and making it a new support will make the price shoot to 1.34604 price level. On the other hand a break down of a...
A complete inverted Head and Shoulder Candlestick pattern can be seen on 1H Time Frame of NZDUSD Pair, 0.68710 price level is the balance leg for the formation, the break of this level upward will give more credit to the Bullish formation. after the break the price might target 0.69016. Bias: BUY PENDING ORDER @ 0.68740 TARGET1 0.69016 TARGET2 0.69370
The USDJPY has been BUYING since the January 3rd major Sell, building on the upward trend that broke through the 50EMA and 150EMA, the pair retouch the 50EMA and 150EMA at 111.03 which is also serving as support trendline with Bullish candlestick BUY Setup. Bias: buy pending order @ 111.75 SL 111.46 TP1 112.123 TP2 113.16
The AUDNZD has been trading on a bullish channel, from 1H time frame, it bounce off the lower trendline of channel to the upside at around 1.03344 price level which also, the 50EMA identified as support, currently the pair is respecting 1.035928 price level which is serving as a minor Resistance, if this price level can be broken and we see the price above 1.03585...
Looking at the Daily Time frame, you see the GBPUSD Pair has been moving on a steady bullish channel since January 3rd 2019 after the major Sell end the bearish trend as we can see that the pull back Push the price to break the 50EMA and 150EMA. Plotting a Fibonacci level on the chart you will see that the Monday Bullish Cnadlestick bounce off the 61.8% Fibo...
From Daily time frame the GBPJPY Pair has bouncing off fibonacci retracement price level from the low of January 3rd 2019 at 131.04, The pair has been making a higher highs price movement all respecting the fibonacci price level. from the chart the Monday bullish candlestick bounce off 23.6% fibo level at the same time respecting 50EMA in the direction of the...
#EURJPY SETUP BUYERS COMING BACK TO THE MARKET. After a drastic Sell of Eurjpy Yesterday March 7th when the pair broke 50% fibonacci price then hit the 38.2% we can sight a reversal candle formed on the fibo line, the price is ready to correct back to124.966 and then 126.00. Bias BUY @ 124.59 SL 123.66
Trendline Break on a Daily Time frame, the price been bounce from a major resistance level, it will hit 124.215 price level
#GBPJPJ is currently on a Bearish REtracement, next Target is 145.516 then 144.294. The pair is respecting a major Resistance corresponding to a 100% Fibonacci Level on Daily Time Frame.SELL at Current Price 146.12 Target 144.29