FahimLatif

FahimLatif

EURJPY is retesting a really important S/R area which strongly rejected the currency pair in the past (highlighted areas in yellow). Even if it breaks the resistance now, we have a new trend line formed where the price could be rejected to continue with the bearish trend. I support the bearish scenario but I will wait for further confirmations. Will keep my eye on...

FahimLatif

EURNZD respected the bearish trend giving us more than 300 pips after hitting the 61.8 fib level

FahimLatif

USDCAD just hit the lower trend line. In this area we also have a major support and our 61.8 Fibonacci level. If the currency pair keeps respecting this area, bounces and breaks the trendline that it has created on the retracement, we will probably see a +600 pips bullish move for a long-term run.

FahimLatif

TARGET REACHED +200 PIPS. Time to get ready for the bounce

FahimLatif Updated 

NZDJPY just touched the daily trendline which also meets my resistance area. As it couldn't break none of these successfully I'm expecting it to continue the downtrend. In the other hand, the price has bounced on the 61.8 fib level which is also a good confirmation of trend continuation. However, I'll wait until it breaks the previous uptrend to go short. If it...

FahimLatif Updated 

GBPUSD looking like a good sell due breakout on the 4h chart TP1 1.3040 TP2 1.2930

FahimLatif Updated 

USDCAD dropped +140 pips from previous idea. Still expecting it to drop until my support area at 1.3090

FahimLatif

USDCAD is currently in an uptrend and has respected the trend very well. The pair is now on its way to create a new HL in the trend and the breakout of the previous support confirms it. The next support is around the 61.8 fib level as well so we should see the pair dropping until this support to possibly bounce afterwards.

FahimLatif

After hitting my 61.8 fib level, we caught a MASSIVE drop and have secured 235 pips on EURNZD. However, I can see it dropping until the next support at 1.6590 as said in my previous ideas on this pair, before we see a possible bounce. That's a total of +300 pips!

FahimLatif

After the triple top, EURNZD has dropped heavy, hopefully it will break the support in order to create a new LL on the trend.

FahimLatif

EURUSD has bounced on a important resistance level. Currently waiting for it to break the little bearish tunnel that has created to go long.

FahimLatif

GBPJPY bounced perfectly on the S/R level creating a new Higher Low in the uptrend. Targeting next resistance zone at 143.00

FahimLatif

GBPJPY shooting up after breaking the previous downtrend and has also broke an important resistance recently. Waiting for a retest on this area to buy, targeting the next resistance, which is also the 61.8 fib level

FahimLatif

EURNZD bounced at the 61.8 fib level on the dot, respecting the upper trend line. Looks like we will see a trend continuation.

FahimLatif

EURNZD broke the daily trendline + major support, it should be heading down to 1.6580

FahimLatif

Eurjpy could not break a major S/R area so it could lead the pair to drop until my next support level at 123.15

FahimLatif

AUDUSD broke a major resistance area and has a 170 pips run until finding the next key resistance.

FahimLatif

After recovering of the recently massive drop on NU, the pair has found resistance in a important S/R area, creating at the same time a brand new trend line, therefore I'll be waiting for further movements of the market for either buying or selling as we have 2 scenarios. A breakout on the trend line (which is also our resistance) can potentially give us around...