Baljit_Singh

Baljit_Singh

Lets take this thing to the moon. Who's coming with me?

Baljit_Singh

- Overall fundamentals improving - found support on the the 200 SMA - found support on the 38% fib level

Baljit_Singh

On a purely technical basis the GBPAUD is gearing up to move in favor of the bulls. In the past month and a half its been diverging with the 14 day RSI indicating a bull run is in the making. A third bounce off a support range of 2.0800 - 2.0900 price range as well as a bounce off the lower band of the regression channel will serve as a strong sign the AUD is...

Baljit_Singh

Possible bullish bounce off a minor trendline or a bearish breakout to the previous support in the 67.10 - 67.60 range. Buying off support seams to be the a more interesting price to go long.

Baljit_Singh

- found some support at its 50% retracement level and appeared to have bullish momentum along a strong trend line - trading above its 200 period moving average - improving fundamentals

Baljit_Singh

All roads seem to be pointing to buy limit orders @ 1.4990 - 1.960. Price will likely head towards 1.5300 and turn back for the trend line and consolidate there for a bit and continue its long term rally. 1.4990 region is also a past lvl of support + 50% retracement + trendline, can anybody say confluence? There is also an intraday short setup here as well. Price...

Baljit_Singh

The EURUSD seems to be forming a strong bearish divergence with both the MACD and the RSI. I believe this divergence will reverse after it reaches the 1.3965 - 1.4000 price range. Technicals are signaling further continuation to the upside after the bounce off the 38% retracement as well as a bounce off a new support lvl (1.3820 - 1.3780) which was previously was...

Baljit_Singh

After the third touch on a significant resistance level around the 1.9000 level the AUDNZD looks like it might either be ready to break out of its 4 month range and continue south. Beware of minor support lvl of 1.0750 before going short. This can either turn out to be a good range trade or the beginning of a longer term trend continuation. Entry range - 1.0850 -...

Baljit_Singh

Possible scalp opportunity on downward channel. Third touch of a pin bar on descending upper trend line signaling bearish continuation.