ForexTrade

ForexTrade Updated 

EURGBP stuck close to resistance in some sort of complex consolidation, Break above that resistance should push price to 0.9200 level. Failing to break now can start trend down to 0.8350 or in other case - can continue to float inside range. On 4 hour chart 2 flags are clearly on the chart, but those two flags can easy create one weekly flag.

ForexTrade Updated 

Price stays above long term upper channel's line and currently is trying to get out from the 4 hour range to the up side. Target to the up side is 114.38. Close below 110.80 on daily basis would make this plan invalid.

ForexTrade

Price move from 0.9760 to 0.9530 I consider as an Impulse down and current pull back is very handy to look for short positions. Certainly not now, preferred price would be in the area between 0.9660 - 0.9700. I will wait for the price to settle and on smaller time frame I will wait for signal to sell.

ForexTrade Updated 

Price has Flag near the trend line and in most cases consolidation near the trend line or support/resistance line, leads to break out of that line. I will be selling on the break of that Flag to the down side.

ForexTrade Updated 

Close below that small consolidation would draw my attention to look for short positions. Long term market still inside the range 0.7150 - 0.7750. Break down can lead price to test 0.7150 again. At the moment market still in positive mood and closing above 0.7560 can push price to 0.7750

ForexTrade

Nice move, even price is still inside consolidation. Closing above and staying would indicate about possible move to 1.1780 in the coming weeks. Bears will take over only below 1.1180.

ForexTrade

Looks like this pair has finished it's perfect run and NZD according to my view is for sale. I am not going to jump in right now, but I will be looking just for opportunities to get short. There will be some consolidation or another attempt to go up, I do not think that new trend down will start right away. Above 0.7230 this plan will not be valid. Another pair I...

ForexTrade

Possible variations for EURUSD, still maintaining bullish view to this market. Below 1.1100 possible pull back to 1.0800. Going above recent highs, longer term target 1.1750.

ForexTrade Updated 

Long trade. Based on weekly chart. Entered on daily. Will be adding positions on hourly chart if there will be any signals. On hourly chart looks very bearish. If somebody would follow this plan I would suggest wait and enter on smaller time frames with the smaller risk.

ForexTrade

Long term range and price is at the top line. This is place where I will be looking to get short positions if signal will appear. Probability to go down is stronger than up, but if market will continue in the same pace, price can climb to 0.9900 area.

ForexTrade

Dollar index is still inside long term pull back from the previous Bull Impulse. Price at the lower channel's line has Flag formation. It can be failure of the Flag and price will start another bullish move or another test of the lower channel's line can appear on the chart. At the moment market is still in the Bears claws, but for next few weeks I expecting some...

ForexTrade Updated 

Price made a bullish flag and bouncing up from the lower Flag's line. Possible to look to enter longs. Near term target 1.7636, long term 1.9000. This plan is based rather on AUDUSD weakness than on GBPUSD strength. This current consolidation can last much longer and if price will drop below 1.7100 this plan is not valid.

ForexTrade

Looks like another Flag failure in the market. This time is for EURAUD. My previous target was 1.5140 (I have closed my longs too early), but looks like market will not reach that level. I will be looking to short this pair on smaller time frames. Road to the down side should be very bumpy, but such pattern failures usually start deeper corrections in the market....

ForexTrade Updated 

Next possible short. Daily flag has failed and deeper pull back should take place.

ForexTrade

Possible to look for short position in this area. Above the 0.7560 this plan is not valid.

ForexTrade

USDJPY on long term is bullish by my opinion, but recent price drop from 115.00 levels to 110.00 levels sugest that long term consolidation probably is not over yet. Looking for possible short term move towards 112.40 area and another drop to test support at 108.00. This is just a probable price behavior and I will go along with all changes if it will take place...

ForexTrade Updated 

Expecting some pull back. Some time I have published this chart on USDJPY Worked out very well. My long term target remains 125.00, but at this moment long positions I have closed and waiting for some pull back to 111.00 - 112.00 area.

ForexTrade Updated 

Current price behavior looks like a Flag and at the current levels I will be looking to go long again. Even price will drop to 1.3580 area, this plan will remain valid, but below 1.35500 I will start to have doubts and below 1.3500 I will cancel this plan. To the upside first target would be 1.3800 and (if pass this level) second target would be 1.40500. From...