CHFJPY is about ready to make its next move lower first i am awaiting a small retest of the 2h resistance zone. take profit level will be the 109.5 & the 108.3.
THE LOVELY EURUSD EASY SET-UP TO MANIFEST .. EURO DOLLAR IS STILL VERY MUCH BEARISH I WAITING ON THIS PAIR TO COME RETEST A SWING HIGH WHICH I POINTED OUT ON MY CHART TO MAKE A NEW LOWER LOW INTO THE 1.07500 to retest previous Lower LOW
GBPJPY IS AT NICE KEY LEVEL TO MAKE A NEW HIGHER HIGH I CAN SEE PRICE RESPECTING MY TRENDLINE WHICH WILL VALIDATE THIS PAIR CONTINUE ITS WAY HIGHER ON THE DAILY AND WEEKLY WE CAN SEE THE BEARS SLOWING DOWN AND LOSING MOMENTUM I SEE THIS PAIR HITTING ITS PREVIOUS KEY LEVEL OF RESSITANCE AT THE 136.7 . IF PRICE MANAGE TO PUSH PASS MY RECTANGLE HIGHLIGHTED ZONE....
AUSSIE CANADIAN DOLLAR ... FIRST OFF WE HAVE A CLEANNN HIGHER HIGHS HIGHER LOWS BEING MADE ON THE 2H TIMEFRAME
2ND on the 4hr timeframe we have some exhaustion being shown PROFIT TAKING. DAILY TIMEFRAME GAVE ME A STRONG BULLISH BIAS WITH A THREE WHITE SOLDIERS PATTERN BEING FORMED. EVERYTHING SHOWS A BULLISH WEEK TO COME NOW. im sitting on my hands wait for this...
OKAY US dollar Canandian Dollar its pretty obvious we are in an uptrend on the MONTHLY TF we came to quite a level of ressitnace. now im approaching this pair in quite a simple way on the daily i am awaiting a retest of a LH around the highlighted rectangle region near around the 1.40500 - 1.41000. and riding to its previous monthly HL @ the 1.25 1.22 this is just...
Eurgbp is failing to break lower we don’t have much momentum to go down quite yet as what price is telling us at the moment we have some nice tweezer bottoms forming at the moment now. We are still in a uptrend. I see this pair testing a high resistance level at the 0.93 before we head lower.
EurGbp is aligning good on the weekly Tf I see a nice crucial level being tapped. If we see the 0.90985 not being broken on the weekly closure we will have a nice hedge fund position swing trade down to the 0.83000 and beyond if level is broken. I am watching this pair very closely.
Dxy overlook looks quite simple and clean to emerge down to the 92.45 level to retest its previous HL with the Dxy as we all know what’s going on in the United States with the corona virus empidemic favoring some minor weakness this week with weakness in us stocks
Gbpjpy has been in a sell out mode and is planning on dropping a couple more pips further. I see this pair having no problem going down to it’s weekly support @ the 127.800. We have a nice head and shoulders formation on the 30min timeframe a nice 4 hour shooter star will validate for a strong push to the downside let’s clash!
Audusd opened and respected this current level @ the 0.61050 with the Dxy being at a crucial level I will upload my chart on dxy soon whilst the Aussie dollar is at a crucial supper level on the weekly and monthly I see it testing its previous high before we see a bigger move later on in the week. 0.62960 is my tp for today let’s see how it plays out one position...
I am keeping a close watch on the 1.82550 level on Euraud if i isn’t able to break beyond that level we will see a nice push to the downside I am keeping a close watch on this pair which can give a good Risk to reward position for a short 1.75550 will be a good area to eye for take profits. Let’s sit on the sidelines and watch this pair close this week
Gold Currently playing from these levels I am watching closely amongst these blue highlighted levels before I execute a trade we have some good news updates to release this week a lot of tension between Russia and Saudi Arabia over oli prices so we will see a big move on Gold this week.
Following up with my audusd long set up I was awaiting price to break above my level printed on my chart. I wasn’t convince with the momentum price is showing. Trading now at the 0.65880 level I see a possible head and shoulders pattern I am awaiting for a retest at the 0.66175 level if price fails to break again we are heading down to the 0.65 0.63 levels
Following up with my previous set-up on the Euro Dollar price hasn’t been giving a clear trend quite yet all this week. We have Non farm pay rolls launching tomorrow. On the higher time frames we can see aren’t bullish quite yet. The market still is bearish I have my eyes peeled on the 1.08 key support level to be met by next week. Monthly timeframe gives me a...
Following up with my previous analysis on Gold as predicted and planned price did make a good higher towards my key level @ the 1665.10 we now sit on our hands and break even will follow up with gold to see what it has planned to do next week to come.
Audusd following my previous analysis this trade is very much valid.If price respects & fails to break my printed zone & remain above will see some new highs to come to play today Let’s clash!
