Itumeleng_Stimela

Itumeleng_Stimela Updated 

Short on 4H

Itumeleng_Stimela Updated 

GBPUSD Target 1 to the upside

Itumeleng_Stimela Updated 

NZDUSD Long

Itumeleng_Stimela Updated 

Pound seems to be regaining strength. Ascending trendline bounce off 1.30447 and retraced. currently resting on 38.2% Fib zone. 78.6% retrace (1.35233) then if we break ,1.36584 sellers tried to drive price down but failed. looking out for fundamentals to help drive price up.

Itumeleng_Stimela Updated 

NZDUSD failed to break 0.70520 for new lows. Bounced off and retraced to the upside. Shattered 28% Fib zone. Alligators indicate buyers market. Possible retest of the 0.72470 level.

Itumeleng_Stimela

NZDUSD hit a new support. We hit the first fib zone. either bullish continuation, or slight pull back before we retest 0.7520.

Itumeleng_Stimela Updated 

USDCHF is showing possible longs. Dollar strength contributes to this. New key support 0.97694. Alligators indicates that it could just be feeding time. Buyers momentum continues. We await NFP results for confirmation and a trend-line break on Dollar index (DXY)

Itumeleng_Stimela

Possibility of further pound weakness to complete the head of the pattern in the coming weeks or days.

Itumeleng_Stimela

NZDUSD has been short for a few weeks now, i believe the downtrend can continue if it breaks through 0.70520. Downside target 0.72000 still stands. Dollar strength can contribute towards this.

Itumeleng_Stimela

NZDUSD Downside target one (0.72000) was reached late last week early this week. NFP results may push the pair to further lows. Previous support of 0.72470 broke. Confluence with the alligator cross and a break of the 23.6% Fib zone . We will wait for Target two to be hit (0.70890 ) and a break of the 0.72520 support before adding more short positions.

Itumeleng_Stimela

Rejection of a key resistance yet again, look out for possible shorts on this one in the near future. Wick on the candle indicates a failure to break creating a HL . A waiting an EMA/Alligator cross before shorting this.

Itumeleng_Stimela

Pound rose perfectly since my last analysis in April. I feel we may see recovery of the effects of BREXIT on the pound. A weak dollar will play an important part in the Sterling gains on this pair. watch this space. 1.50000 next target

Itumeleng_Stimela

Only short if the 0.74915 level is broken, if not it's business as usual.

Itumeleng_Stimela

I think this pair is about ready to head up now. 136.292 seems to be a firm support. Look out for future buys. Itumeleng_Stimela

Itumeleng_Stimela

I initially thought it'd retrace at the 0.74915 level but it continued to dip. New support at 0.74745 level. Expect a bounce off this level and a straight shot upwards possibly back to the 0.77411 level.

Itumeleng_Stimela

Channels pattern suggests possible Long position. I believe it could retrace to the 1.34752 level.

Itumeleng_Stimela

Rain drops, double tops. Overall downtrend on that M30