USDJPY Short Idea Overall we are looking very bearish on this pair. We recently saw a pullback after a large bearish push. Price action is resting at our 61.8% fib level and monthly resistance zone around 106.000 From here we are looking for short opportunities and will enter on lower timeframes setups confirming another bearish push. (The blue trade path) For...
AUDJPY Long idea All significant timeframes are very bullish and we are looking to continue with this trend. Recently price action broke out of consolidation around the 75.00 area and is now retesting the broken zone as support. We are looking for a higher low and lower timeframe confirmation to support the idea of a bullish push. (The blue trade path) For us...
AUDUSD Long idea We are looking for long positions only on this pair as all significant timeframes are very bullish and we recently saw a break of our major resistance/monthly zone at 0.70800 Price action is pulling back on this 4hour timeframe so we will watch for higher lowers and strong bullish setups to confirm another push higher. (The blue trade path) For...
DXY Short Idea Overall trend is very bearish and we recently saw our monthly zone around 95.00 break. From the current area we can see two things happen: 1.Momentum keep pushing price action lower until it finds significant support 2.Price action retraces to form structure before continuing lower. If we get a trend reversal we want to see a break of 96.50...
Gold Long idea BULLISH! Nothing recently has hinted at any sign of bearish pressure. Price action remains with strong bullish momentum and is currently resting at the 1900 level. To make a high probability trade we want to see a retrace to a key fib level (the 38.2% or 61.8%). Enter on strong bullish setups confirming structure, target higher toward key resistance
EURJPY Short Idea Higher timeframe analysis suggests an overall bearish trend but the 4hour has been extremely bullish since mid May. Looking at the 4hour we can see that we will only be looking for long opportunities until we see a serious transition take place. Two potential scenarios for price action: 1.Price action retraces, confirms a higher low and...
USDJPY Short Idea This pair is looking bearish on higher time frames but also is significantly bearish on this 4hour timeframe. Looking for opportunities with this bearish trend we will have to wait for the right entry. Ideally we would like to see a retracement to a key fib level followed by bearish setups. This would confirm structure & a lowerhigh. Target...
AUDJPY Long idea This pair has been very bullish on the 4hour timeframe and recently broke key resistance around 75.000. Price action then shot up to our monthly zone around 76.500 and back down to 75.000 for a retest. From the current level we have two ways this could play out: 1.Price action finds support at 75.000 and continues with the overall bullish...
AUDUSD Long idea This pair has been very bullish recently and last week we saw our monthly zone break around 0.70800 Currently we are seeing a retrace and price action is now testing the 0.70800 as support. We are now looking for bullish setups confirming the higher low at new support. Look to target higher toward our negative fib levels and significant...
DXY Short Idea The USD has been extremely bearish on the daily timeframe and bearish price action is not showing signs of slowing down. Currently we are at the 95.00 zone and have to wait for price action to break or bounce from this level. We have two potential scenarios: 1.Price action continues with bearish momentum breaks 95.00 and retraces. Look to target...
Gold Long idea Gold is very bullish on all timeframes Currently we are seeing price action form a box pattern where we will wait for a break out before deciding on a clear direction. Ideally we want to see price action fall and form structure at a key fib level before continuing higher again.
EURJPY Long Idea This pair is looking very bullish as we recently broke and retested 122.000. Now we can see price action forming an ascending triangle just above support. We will look for strong bullish setups to enter on and confirm this continuation. If we see price action break below 122.000 again look for a retest and confirmed lower high before entering short.
USDJPY Short Idea Looking very bearish as we saw lots of rejection from 107.350 Currently looking for strong bearish setups to confirm this push lower. Will be targeting major support levels around our monthly at 106.000
AUDJPY Long idea Looking more bullish on this timeframe and will continue with this trend as we see it form Long entry opportunities on a break and retest of 75.000, target higher toward major resistance Short opportunities on a confirmed bearish transition. Look for a break and retest of higher lows and target lower toward major support.
AUDUSD Long idea Looking very bullish on this timeframe and could be getting ready to make another push higher At the current zone we want to see strong bullish setups confirming the break of 0.69900. We can then consider long entries targeting key resistance around 0.70800 If we start to see bearish movement instead, look for a break and retest of a 4hour...
DXY Short Idea Still looking for the next bearish leg toward 95.00! Overall sentiment and structure suggest a bearish bias so we will continue looking for sell opportunities. We can re-analyze and consider long opportunities on this timeframe if we see 96.50 break and retest!
Gold Long idea Overall gold is very bullish and has reached a very important level this past week, 1800.00 We can clearly see that gold is due for a pullback to form structure, however, recent momentum could continue to push price action higher. At the max I could see gold reaching 1825.00 then retracing to form structure at the 38.2% or 61.8% fib level Once...
EURJPY Short Idea Higher timeframes are significantly bearish while the daily and 4hour are more bullish, however, we may be seeing a confirmed 4hour bearish transition this week. Currently looking at short opportunities as we saw a break of our ascending channel. Wait for the confirmed retest with bearish setups then look to target lower toward major support...