GemtradesFX

GemtradesFX

- Break of ascending trendline - Lower highs, lower lows - Double top - Rejection of 0.618 FIB - Rejecting 50MA on the daily

GemtradesFX

- Break of ascending trendline, forming lower highs and lower lows - Rejection of 50MA and 0.786 FIB

GemtradesFX

- Lower highs - Rejection of trendline, 200MA and 0.382 FIB - Failed to close above 50MA on the daily

GemtradesFX

- Higher highs and higher lows - Long wick rejection off 0.786 FIB and 200MA

GemtradesFX

Gold strength continuing - Rejection of 0.5 FIB and trendline. - Still in overall uptrend

GemtradesFX

Are we seeing the start of some USD strength? Nice bullish candle to break the descending trendline and 50MA Would like a pullback to retest the trendline and reject the golden pocket area of the FIB creating a new higher low.

GemtradesFX

- Rejection of 0.382 FIB on both 1hr & 4hr - Rejection of 200MA on 4hr

GemtradesFX

- Break and retest of descending trendline - Found a new area of support - Rejection of 0.71 FIB and ascending trendling

GemtradesFX

- Lower highs - Rejection of trendline, 50MA and golden pocket of FIB

GemtradesFX

- Making new lower highs - Rejection of 0.382 FIB, trendline and 50MA

GemtradesFX

- Higher highs and higher lows - Rejection of trendline and 0.618 FIB

GemtradesFX

We didn’t get the pullback to the area we expected, but we did get the bullish moves, with price hitting 1.16588 Would like to see a bit of bearish movement down to the trendline, 50MA and 0.618 FIB for a nice long entry.

GemtradesFX

The weak dollar has helped the pound this week. Nice push up to the 1.28040 area. We could see a slight pullback to the 0.382, or even 0.618 FIB creating new higher lows for a good entry for further upside movement.

GemtradesFX

Finally got a bit more movement on this pair now after some consolidation around the 1.35776 area. We got the drop we expected, a massive 227pips to the 1.33500 area. Still sell bias, with the weak dollar. Price is currently hovering around the resistance area and 0.382 fib.

GemtradesFX

We got the pullback we expected last week, albeit slightly further than anticipated. Price hit the 107.543 area and then we got the bearish moves we wanted, with a huge drop down to 105.684. We had two scenarios set up last week; long and short. We got both moves, so opportunities were there to enter both. Dollar is still weak overall, so bias is still bearish. ...

GemtradesFX

- Higher high and higher lows - Want pullback to reject trendline, 50MA and 0.618 FIB - AUD strength and Dollar weakness

GemtradesFX

- Break of descending trendline - Pullback and rejection off the 0.382 FIB, 50MA and 200MA - Rejecting the 50MA on the daily

GemtradesFX

- Higher lows - Rejection of 0.71 FIB and 50MA