Forexmani

Forexmani

With the shorterm weakness in the dollar and a possible H&S pattern on EURUSD. we prefer a move to the upside . A good long trade will be to wait for the neckline to break .

Forexmani

Oil has been making a decent trending higher high and higher low. The price has formed a nice cup and handle structure which might see it target the 66 dollar per barrel price tag.

Forexmani

Price is forming a reversal candle pattern at the edge of the trendline which doesn't seem to be showing a good breakout. This is likely to see the pair resume it's bearish momentum.

Forexmani

Price on EURNZD is making higher highs and higher lows pushing the price against the resistance. Price is consolidating awaiting breakout to the upside to complete the head and shoulder pattern or break below the trrendline for downward continuation.

Forexmani

AUDNZD is back at our channel top. We could see price going down this week. More sell opportunities lined up

Forexmani Updated 

Strong rejection off the 1.306 region. Morning star pattern almost forming on the daily to suggest a possible buying opportunity. Looking to buying the dips.

Forexmani

Pair has been struggling to maintain the uptrend. EURGBP will present a selling opportunity if the channel is broken.

Forexmani

Major trendline break. Will be watching for buying opportunities for this pair.

Forexmani

The dollar made a strong bounce off the 100% ABC equal leg correction. This could see dollar continue to strengthen towards 97.74. It will be a nice idea to sell XXXUSD pairs and buy USDXXX pairs.

Forexmani

CADJPY is still within a bullish trend . expecting a bounce from 80.90 are for buying opportunity towards the target of 82.4.

Forexmani

GBPUSD looks to resume its bullish or buying move as a result of the inverse head and shoulder. 1.294 is a good target for this move as it coincides with the trendline touch and completion of the inverse head and shoulder pattern.

Forexmani

USDJPY still maintains a bearish momentum and eyes are now on selling as it broke the 107.52 region.I will anticipate a selling opportunity towards the target of 106.

Forexmani

Will be watching to sell USDCAD at the 1.3250 region (after pullback) as the pair maintains a bearish momentum due to the weakness of the dollar. Target will be be 1.3065.

Forexmani

EURUSD looks to complete its bullish wedge pattern. The Dollar index weakness will maintain the dollar bullish theme towards the 1.1500 zone.

Forexmani

Double bottom on a strong support . we could have some bullish push

Forexmani Updated 

trendline test Buy entry at current market price of 1275 sl at 1264 tp at 1309 goodluck

Forexmani Updated 

Oil is making a nice expanding triangle. We could see it break and go to 53.81 . Oil remains on a bearish trend.

Forexmani

Potential bounce from the bottom range. Heading towards the top range