GALACTICtradingspace

GALACTICtradingspace

The pair has hit tp and taken the 1.75000 key psychological level as highlighted earlier in the previous post.

GALACTICtradingspace

Three drives of price at support and failure to break below. This shows that the buyer volume at this level is very strong; Expecting the pair to rally and take out the key 1.75000 key level.

GALACTICtradingspace

The pair has completed a continuation pattern and has hit the overbought 70 Rsi level. Expecting a 30 pip fall.The CAD cpi released yesterday expected to give impetus to the move.

GALACTICtradingspace Updated 

The pair has retested 20.50000 key level. We would like to see a rally towards 20.65000 level as indicated on the chart.

GALACTICtradingspace

EURZAR has hit TP2 as explained earlier. Sustained closure above 20.5000 level takes us higher the levels towards 20.80000.

GALACTICtradingspace

The pair has hit Take profit 1 as explained in my earlier posts about this set up. 20.50000 Key psychological level has been purged. Having seen a close above this level gives the bullish bias more preference going forward. 20.80000 level is open for testing in the upcoming sessions.

GALACTICtradingspace

This is an update to the eurzar long post. The post was made pre-london session open. So far so good.

GALACTICtradingspace

Seems like this pair has found meaningful support at the H4 uptrend low. The CPI rally has also been retraced. The exotic pair now aims to trade higher back to the psychological 20.50000 level.

GALACTICtradingspace

The pair cleared the equal highs as highlighted in the las analysis; The pair subsequently dropped to test the left shoulder of the inverted H&S. In this analysis i expect a rally back above 20.50000 psychological level.

GALACTICtradingspace

Head and shoulder (inverse) after rrejection of the support zone. The pair has established a divergence in momentum against the Rsi. Our target is the equal highs as indicated on the chart.

GALACTICtradingspace

This is the update to the previous post on EURZAR; 20.50000 taken out. TP at 20.60000

GALACTICtradingspace Updated 

The pair has taken the 20.50000 key level after the strong bullish bounce off the wk1 uptrend low at 20.00000 key psychological level. In this set up i expect a rally towards 20.60000 level. Bearish retail sentiment might be a key driving factor towards these levels.