This chart is just a best possible entries for GBPNZD on shorter time frame (1 hour). Take a look at published GBPNZD Long term.
This pair has a clear picture and lots of perspective to the upside. New positive trend should start one weekly wedge is broken.
This is just my preparation for the GBPUSD. GBP became my favorite and I will be looking to buy on all crosses linked with GBP. If current positive trend line will be broken, I still will remains bullish, unless price will drop below 1.3800. At the moment I waiting for pull back, nearest targets are 1.4530 and 1.4616. Longer term I see 1.48 as a target.
This is just a correction, but short term possible trade. AUDUSD chart is still bullish, but some correction has a chance to start here.
Long term this pair has an interesting picture: from one side price strongly bounced of the trend line making a Higher Low; and from another side price had Double top. Reaction at the Double top's neck line at 1.5100~ will clear a situation. If price will be rejected from the 1.5100 level - Double top is taking over and next move will be to the down side to...
It is not over for US dollar bulls, but today's blow is strong enough to knock them out. Inside long term consolidation negative trend line has been tested and survived. If bulls want to control the market - price must get above 98.74. The longer price stays below current trend line, the more likely journey to the south will continue. After today I am bearish on...
Took another short position, this time price has been rejected from the trend line. If it stays below that line, price has a chance to test a support at 1.0800. Similar picture with the EURJPY, waiting to get short.
Placed an order to sell if price will go back below trend line 124.60
This analysis should not be taken seriously. I do not trade with such long term, but today I have added to very small positions. Just for fun and to test long term charts. I have sold at 124.44 two small positions with the stop loss 124.71 each. Targets are 117.22 and 111.24. Risk is very minimum, but trading experience can be priceless. I will update those...
At this moment price is attempting to go even more to the down side, but I will stay away from this pair. AUD remains long, but AUDCAD is already started a retracement, so is better to sell AUDCAD for me.
For the short term this pair remains bullish and price now inside the range of 100 pips. Missed good entry to the long side.
At some point AUD will start a correction to the down side, but until it happens AUD is my favorite for longs. AUDCHF is at the top of the list and here is another possible long.
Chinese Yuan has a symmetrical triangle on the chart and should continue lower, but break above it would change the markets direction, at least for some time.
Took short position. It is little bit to early, but price second time tested trend line from below, some 4 hour wedge is forming (not finished yet), 4 hour nice bearish bar, 1 hour line is broken.