With price unable to drop during yesterdays downward momentum, clearly shows there is some bull left in this pair. I believe the media is being used to spread news of a strong dollar while the big boys go long. This week will close bullish then next week we should look to buy the dips. On the monthly price has already reacted showing an end to the long downtrend....
Pound is currently strong compared to yen. I expect this price to hit targets of 171.369, my stops are at 168.627 area. Use proper money management.
Short CHJPY at 149.800 stops above 150.720 targets as low as 147.152. This bearish bat has completed its D leg at the 161 fib extension. It has been a long time since I drew this harmonic patterns. Hope this works out. Use proper money management.
Buy chfjpy at 148.300 target 149.300 stops below 148.0 Use proper money management.
Short GOLD at 1665 stops above 1671.64 targets below 1642.60. Use proper money management.
Selling pound at 1.1268 stops above 1.1333 targets below 1.1068. Use proper money management.
Expecting a breakout on GOLD t the 1722 zone. Stops below 1659 area. Use proper money management.
Price retraced yesterday after bullish usd news to close above 0.978 zone. I expect price to retrace to this levels 0.9705 and 0.9790. This will be dips giving us an opportunity to buy more. Targets are parity 1.0000 zone. Use proper risk management.
After this false breakout I expect price to drop tot he downside. A bearish flag is evident on higher time frames. I see price grabbing the stops below current low. Target 1638 zone stops above the 1680 zone. Use proper money management
Price is rising shortly to fill out the inefficiencies. Once filled at price 0.8820 we expect a drop to 0.8619. Stops above 0.8865. Use proper money management.
Price has come to a great level. We can see multiple retest of the resistance level. Short at current price 1.7546 stops above 1.7722 and targets below 1.6752. Use proper risk management. All the best in this swing
Euro is at a very tight place right now. This phase is the accumulation phase. A lot of buyers have bought at this level and the previous low. However for the market to move upward it has to take out this liquidity first. I expect a downward momentum today and tomorrow. Mid of the month is when we should expect a trend change. Otherwise keep your targets at 0.9515...
Breakout to the upside is loading. I expect price to take out the liquidity above 1.39 zone. Targets as high as 1.40 tight stops below 1.3772. Use proper money management.
Gold has come to a support level. This is an area of demand. I expect price to push higher. Target 1701.76 area. Stops below 1661.41. Use proper money management.
Price has retested the resistance severally. I expect price to drop to as low as 1.6877. Stops are above 1.7474. Use proper money management.
Price has come to an important level of Demand. I expect a push higher from this point. Use proper money management. There is price inefficiency at this level
I will reenter this short again, with OPEC Cutting oil production by 1 million barrels/day CAD is set up for massive strength as oil will shoot. This is a great place to short. Use proper money management. Any manipulation to the upside will not exceed level 1.40000. All the best fellow traders.
BUY EURUSD @ 9758 TARGETS ABOVE 1.012 STOPS BELOW 0.9640. This is going to be abullish uup move. Dont miss out. Use proper money management. Buy the dips look for proper entry at lower timeframes.