USDCAD is still bullish to us on dialy chart. And our last signal on it is still valid after TP1 hit. The support zone is higher than our expectation and price of UC now is looking up to last top FOR 400 PIPS. A potential CYPHER D is 400 pips from current position. LESS IS MORE!
YEN is getting strong to pull all pairs down. LESS IS MORE!
On 4H chart, DXY has made some bear signal on the top. RSI DIV. Gold has tested the purple support tripple times. It shows us it wont break down through 1300 recently. So DXY down, and GOLD up. LESS IS MORE!
GBPAUD , as we said, is on a bearish 3rd wave which has 1000+ pips down to go. So far on daily chart, we dont see any sign of correction. Keep the short trade based on daily chart to see how well it could go ! LESS IS MORE!
AUDCAD is getting support from the blue support zone. Its on its 3RD wave of big daily 3rd wave up. The ABCDE wave is targeting really high position. Lest focus on the shortterm target that it could reach 0.966 on its wave A position ( light blue ) LESS IS MORE!
On this daily chart, GBPJPY has a blue resistance trendline on the top while a support red line is keeping price falling down. ABCDE wave could happen if price want to drop down to make a fibo 382 correction. On thie case, price will drop down to reach 139.5. Purple ABC BIG WAVE could also happen if price only want to make a fibo 0.25 corrction. On thie...
AUDNZD finally make a double bottom above the orange box. A strong rally on daily chart is expecting to happen soon. Meaning AUDUSD will rise faster than NZDUSD or NZDUSD will drop faster than AUDUSD. Tips for traders who want to trade them . LESS IS MORE!
GBPAUD has finished a ABCDE 3-waves corrective wave. Now it looks like to start a new wave down to break the red trend line. The bottom FIBO 1.27 position could be the end of 3rd wave on daliy chart for 1700 pips. LESS IS MORE!
Our plan on WTI is to short it again according to weekly bear signal. WTI rallied up yesterday after hitting the 51.22 ( yellow box on 4H chart) and broke the red trendline on 4H chart. So plan on WTI now is to see if WTI will stop rising by finishing the ABC wave on the blue top. That will make sense because WTI looks bearish on weekly chart. So 50 will be...
DXY has made a double bottom inside the BB since the 31th Jan. And we expected only a retest of the bottom line of the blue box but DXY did not stop rising after reaching that line. Seems like DXY is possible to retest the top line of the box (97.7 is the highest position recently) The broken trendline is still valid . So unless DXY make a new high above the blue...
EURUSD has made a really wried 4th wave so far. Please just follow the blue ABCDE wave inside that channel. EURUSD has a bear signal on weekly chart. If it can make a bottom reversal sigin this week, it will test a new low position by reaching the yellow box. That would be 540 pips minimum. LESS IS MORE!
AUDCHF could not make a strong rally up to break the long term descending channel It bearish again on weekly chart. Next week ,it will probally test 240 pips lower position or 500 pips lower position again. LESS IS MORE!
GBPJPY is still droping beneath the red trendline. It will test the bottom of the yellow support zone for 600 pips in the next 1-2 weeks. LESS IS MORE!
GBPCHF has been rejected from the top blue resistance zone. Pounds is still weak that all pairs related with pounds could start a reversal new swing, so does GBPCHF. GBPCHF could drop down to reach the bottom support zone again for 665 pips. After that it will make a rally up or make a new low which are now not our concern. LESS IS MORE!
GBPUSD has no momentum go up in last two weeks. That make a small double top on FIBO 382 position. Pounds might try again after making a double bottom. It depends on BREXIT now. For the possible range of 575 pips, we could still have chance to hunt more than 300 pips. LESS IS MORE!
EURGBP is about to make a new low on weekly chart. Its now on its wave 3 down. The start of wave 3 on weekly chart has just send us a confirmation signal . EURGBP has chance to dig down a new low to 0.850 where is fibo 1.27 of the first down wave on weekly chart. LESS IS MORE!
USDCAD did not break down the red support line on weekly chart. And its bull again . Our signal to long USDCAD last has TP1 hit already. Now its looking for a new swing to make a double top . USDCAD aslo has chance to rally up to make a new high like 1.39-1.40 , but not for next week. LESS IS MORE!
USOIL has a bear signal on weekly chart now . As we said ,we have a signal on WTI to sell which has TP1 hit already and waiting for TP2, TP3 to be hit. WTI would probably go down in the next 1-2 weeks technically. And our plan on it next week is to open a new trade to sell . So that will probably be a second signal on WTI on the same time. LESS IS MORE!