CraddocksFX

CraddocksFX

The US dollar remains bullish and it is likely we will be seeing 111 next. We just need to pick our area to get into trades with a couple of key areas outstanding as pull back zones.

CraddocksFX

My views on #EURUSD - This pair is going lower longer term IMO - Retracement to around 1.1 and then lower, first to 1.06650, retrace then lower to 1.04

CraddocksFX Updated 

My bias on this pair is that price is pushing higher after a very long time of bearish price action. The bear trend has been broken which has been represented by the purple line. Price broke out and retraced to past the 0.786 retracement zone and now we are going higher. I am currently in a long trade but I have noticed another set-up within my set-up! Price is...

CraddocksFX

EU had a large push lower on Friday and was well on course to 1.1 - I am hoping that price will look to retrace on Monday and provide another opportunity to enter with good risk / reward down to our projected target. IG: @craddocksfx | Youtube: @craddocksfx

CraddocksFX

Zoom out to the weekly time frame and you see a clear long term downtrend in this pair. Move down to the daily and we have had a new push lower and we have now seen a successful retracement. Plot a fib and the price has tested the 0.618 level and looks ready to drop. Excellent risk to reward opportunity... IG: @craddocksfx | Youtube: @craddocksfx

CraddocksFX

Fibs. MAs on the lower TFs. Retest of Major Support + retest of a trendline.

CraddocksFX

CTL Broken and retest due. Trendline looking to be respected.

CraddocksFX

The longer term view is bearish and with price failing to breach highs I believe there will be a push to the downside! Excellent R:R opportunity

CraddocksFX

GBP/AUD has risen and retested our trendline which is also a perfect retracement to the 0.786 level. Monitoring price action and would like to see an MA crossover and counter trendline break for further confluence. Opted for the aggressive approach and a TP1 and TP2.

CraddocksFX

This could head higher and retest the resistance zone and / or the trend line hence why it is crucial to get a confluence of the counter trend line break and have the moving averages cross over...

CraddocksFX

GBP weakness on the longer term. I am hoping to see a retest of the trendline and then a push down to 1.82!

CraddocksFX

We need to sit tight and see how price action opens on Monday but I believe we are in an uptrend and we have had a pull back to the 0.5 level and have the potential for another push lower before heading up to our target of 1.35.

CraddocksFX

0.618 Fib hit on the Daily Pull Back. CTL about to be broken. MAs about to cross. Target is previous daily support

CraddocksFX

Await price opening on Sunday night. Potential push up to then gain entry in a SHORT position.

CraddocksFX

Daily MAs have crossed to the upside Short term appears to have HH and HLs to show an uptrend The 0.618 fib level has been retested which also aligns with the trend line CTL broken and then retested...

CraddocksFX

Looking for an upside push but wait for a good entry and a test of the trend line.

CraddocksFX

Overall bias is bearish - Currently retraced higher - CTL break and lower

CraddocksFX

USDCAD retraced and retested trend line. Anticipation up to the 1.27 FIB level.