Eliphaz

Eliphaz

The support is broken here and we should expect atleast a retracement to the .6 fib retracement (the green line) short to your hearts content

Eliphaz

With Brexit and all the crap going on in the EU the euro is weak. While the dollar had a few bad news reports it could easilly be coming back. I would expect it to hit at least 1.075 and possibly further

Eliphaz

The EUR/GBP is looking pretty bearish. Watch for it to break the resistance and then it is off to the races

Eliphaz

The MACD is showing Div. and the Emas have crossed. and the ADX is low. Though i would have hoped for a lowe ADX. Expect up to 800 pips but watch for resistance around 400

Eliphaz

The Cad is getting much stronger... The dollar had its time but the CAD should be taking over this week. There appears to be some resistance on the upside but a possible double bottom on the downside. Wait for the double bottom to break and then short. Also watch for the EMA's if they cross this is more signal to short, combined with the MACD Divergence there...

Eliphaz Updated 

The 1d chart on the GBPCAD is showing lots of divergence. The ADX is also falling indicating a large movement could be coming soon. With all the resistance there is a high probability that it will go long. Also the 4h 40 and 110 EMA are about to cross showing a great probability of a long. Both pairs are very weak right now so wait a little bit to see what goes...

Eliphaz

The GBP/USD has been fairly bullish recently. With the USD weak last week it gave the neutral GBP some power (as shown) With the USD going back neutral the pair should drop. This is shown both by the ANN strategy and MACD. The ADX is also low indicating a big movement. The resisitance line would be a good time to enter the trade and T1 shows some more resistance....