AwesomestGamer

AwesomestGamer

This pair's downside movement has come to a halt during Asia today at around 1.09655. This region is in line with historical support and resistance, as well as the upwards trend line. Bullish price action is what we're after in the next few hours before we engage long on this.

AwesomestGamer

The EURUSD is at a level that crosses multiple resistances at the 1.13360 area: the support line here was also seen as a resistance earlier in April, as well as the downwards trend line. All we're awaiting now is a clear bearish candle before we initiate a sell ordder

AwesomestGamer

We're waiting for the price to retrace down to the 1.4500 level before we look for bullish price action. This region marks the previous resistance area seen back in March 20, as well as a potential upwards trend line.

AwesomestGamer

In complete contradiction to my post a few days ago (linked related idea) we move out to a higher time frame and we see that the price 0.68736 is currently sitting on: 1) support on the upwards channel 2) previous resistance which may turn into support As usual, we'll await price actin to confirm if a higher high is formed here, or if the channel breaks to the down side.

AwesomestGamer

The Nikkei's just retraced from a high of 17,738 down to a previously known level of resistance at 17,217. This area also corresponds to a recent upwards trend line. So we're looking for bullish price action today before we go long.

AwesomestGamer

The AUDJPY has reached an area containing multiple resistances, in the form of the historical and psychological price of 86.00, as well as this area also being intercepted by a downward's trend line. We'll await how the price action for today on this goes before we initiate a trade potentially tomorrow

AwesomestGamer

After breaking down out of its upwards channel, the NZDUSD has retraced up to a level that contains multiple resistances (the upwards trend line, moving averages, fibonacci levels). Here's where we'll keep a close eye on lower time frame bearish price action (lower highs, wicks etc) to give us confirmation of going short.

AwesomestGamer

May be premature at the moment, but if we see some bearish price action at the 0.6710 to 0.6725 area, it could be seen as a lower low and hence good area to go short

AwesomestGamer

Several levels of resistances lining up here for the AUDJPY. Keeping a close eye on the hourly chart for price action clues before attempting to go short on this.

AwesomestGamer

Is it just me or is this EURUSD begging to be shorted right now?

AwesomestGamer

A level of support for Silver has found its way in the form of an upwards trend line as well as a horizontal base at the 16.80 level. We'll be looking for price action here to determine if it will make its way higher, or if there'll be a break down to the next level of support at the 16.30 area.

AwesomestGamer

We're looking at the 110.50 level for bullish price action before we go long on this pair

AwesomestGamer

AUDCAD currently at the bottom band of its consolidation triangle, so we're looking at possible choppiness over the next few days here

AwesomestGamer

seems like cadjpy is pushing beyond its channel, and if we get a close higher than the highs this week we could look for further upside and go long on this pair

AwesomestGamer

3 trend lines showing areas of possible pull back areas we could look at positive price reactions to

AwesomestGamer

Possible price trap here for the kiwi, and as usual we'll await a breakout from this consolidation before executing upon the pull back

AwesomestGamer

The down trend could face some turbulent waters these next few days, shown by the multiple upward trend lines and upward sloping ema's.

AwesomestGamer

Looking to sell at the highlighted area due to the below: -EMA/FIB -Close to highs of the day -Previous low/resistance from last Friday