Trade Alert. The index has broken the upwards moving trendline and now is aiming lower. Today's daily candle would confirm further downside potential. If the index gets back above the trendline, then stay aharp, as we could potentially see a reversal back to the upside. Keep an eye on the price action.
Trade Alert. Keep an eye on the potential breaking points. A break below the 7795 area could place the index below the upwards moving trendline, which could be a bearish sign for the near future. A strong move back up towards the 7900 and eventually a break of it, could open the path towards the psychological 8000. Stay sharp and don't forget your SL.
Trade Alert USDJPY is once again on the edge and testing the lower bound of the channel. We need to see how this day will close, in order to determine further direction. If this continues like this, then we expected further declines. But for now, until we we see a clear close below the channel, we will stay cautious and class this as a small correction. Don't...
Trade Alert Keep an eye on today's close. If the long-term upwards moving trendline holds, then we could see another push higher. But if the pair closes below, then this is not looking good for GBPJPY and we could start aiming for lower levels. Don't forget your stops.
Trade Alert. The pair could test the downwards moving trendline from underneath. We will make a call here to go LONG with a tight SL. Never forget your stops.
This is something for everyone to monitor. Might be a bit of a long wait, but could be worth it. The pair is currently ranging and it is slowly moving towards the apex of the triangle formation. The break outside could happen to any of the sides, that is why keep a close eye on USDCAD. When you enter a trade a trade, don't forget your stops!
Trade Alert. We need to see a clear break and a close below the wedge in order to consider further declines. But until then, we could get a rebound and another push higher. Don't forget your stops!
Trade Alert. We can see that the pair made its move back into the rising channel. Will it be able to move lower and test the lower bound of it? Let's wait and find out. Don't forget your stops.
Trade Alert Still looking weak. Could end up pulling to the 1.5500 mark. Don't forget your stops
Trade Alert. This could end up being an interesting SHORT trade. But not just yet. We have to wait for the reversal signal. Watch the peak of 2016 at around 322. Could act as the first good resistance. Id we get a reversal signal, then this could drive the pair to test the steep upwards moving trendline, a break of which, could pull the pair a bit lower. Don't...
Trade Alert Wait for the break outside of the formation. It might take a while, so we could expect a stronger move on the way out. This something for you to keep monitoring. Don't forget your stops!
Trade Alert So we are seeing a bit of consolidation right now. Waiting for a break through one of the levels shown. Don't forget your stops.
Trade Alert! We will make a difficult call here and say SELL. Certainly, for this, we will have a careful stop. The index is really getting squeezed right now and it looks like a strong move soon is inevitable. As always, don't forget your stops.
Trade Alert If we take out recent highs, then there is a chance for Nikkei to move slightly higher within the channel/wedge formation. We would only become bearish if we see a break and a close below that formation. Don't forget your stops.
Trade Alert Observe the key levels and the breaks, as the could act as entry points. Don't forget your stops.
Trade Alert AUDUSD could be on its way to make a run for some higher levels. If we see a good break above the 0.7855 mark, then this could open the path towards slightly higher levels. Alternatively, if the pair moves back below the 0.7500, then scrap the whole idea. Don't forget your stops.
Trade Alert. Certainly, it is a bit difficult to make a call here, but nevertheless, we will take that risk and initially aim for the 4.375 approximately. If the pair doesn't bounce, then we could see USDTRY moving lower towards the 4.22 area, where the pair could also test the short-term upwards moving trendline. We will have a tight stop, slightly higher then...
Trade Alert. It Bitcoin becoming less attractive in the crypto world? Or is it just the calm before the storm? We believe that, there could be another push higher by the end of the year. Cetainly, the question here is, will it be able to reach its previous highs around the 20000s? Waiting for a reversal signal on the weekly chart. Never forget your stops!