We will be watching this position closely and see how both GBP and JPY go over the next couple of days, ive seen multiple opinions on this pair its pretty volatile and popular within traders, a lot of people still in favour of the downside and looking at fib% for the next sell off. if we see bullish movement off of the retest in due course i will be looking to...
EURNZD - here we see a big break of our support zone here followed by a solid retest. We also see rejection here from that zone on our hourly timeframe, we now expect bears to fall back into play and for bearish continuation
here we see a nice break through here at our neckline which has now formed a nice retest.
we also see a clear rejection from that marked zone and that gives us a great entry to enter the short position back towards our main support.
here we have a nice solid breakout of our previous resistance zone followed by now a retest back down to our marked zone.
We see it has tested this area a lot over some time and we now want to enter this trade over a medium term basis catching that further bullish move we are all expecting.
Further DXY weakness expected which would be in great favour of this pair.
here we see a nice clear breakout, retest and continuation to the downside.
What we see now is pretty clear that after our sell-off we now see a big retracement.
the retracement here has clearly rejected our marked zone here and we look for further sell-off now to take place over the next day or two.
Here we have a nice breakout of the recent uptrend followed by a nice retest which is currently at our sell zone. We have seen this zone be rejected on smaller timeframe and now expect a be4arish move now back to the downside for some time. placing two TPs and keeping a tight SL for high Risk:Reward as always.
here we have a nice downtrend happening here in which we look for next downside move to new support. We expect this to fall to 0.58000 flat and will keep a nice tight SL. we see a rejection here and now expect bears to take over
here we have what seems a new uptrend back up towards our marked zone. This is a longer term piece of analysis but we have a nice entry point on the smaller time frame. we can see the current price has rejected a breakout of trend and we expect bulls to come into play over the coming days.
here we have now tested our main zone marked the above and we clearly see a nice rejection yet again. We favour the bears to now come into play and we should see this fall likely as the analysis matches up nicely with other USD*** pairs.
here we have a nice breako9ut to the downside here which is exactly on our marked zone which we have seen price reject and bounce from in the previous days. Now we also see the clear retest which is n ow completed and we now expect the bears to come into play and for this pair to return to the downside for another larger sell off, We also expect DXY weakness over...
here we look to have now formed a nice downward trend. we can see we have hit a nice resistance zone which also tips the trend line marked in the above. We also see now the nice rejection from that zone in the downside favopur. We now look for that big bearish move.