I found this Ascending channel on EURUSD. The trend looks bullish to me, I think we are in a range and we could go back to the top of the range
I am going to try a buy on USDCAD. Let's see if the "trap" works! with SL @ 1.23952 and TP @ 1.25322 Good Luck! More info: crocotrading.blogspot.it
Well, we have got some Head and shoulders pattern on gbpusd.. The patter is best visible on 8H TF but is not avaiable here. I am going to try with SL at 1.55296 and Tp at 1.44452. It a bit risky.... more info: crocotrading.blogspot.it
Very messy situation on NZDUSD, the pair is falling hard for a long time and there is "swap problem" Shorting NZDUSD right now is not a suitable option. Simply, the high swap costs will kill every strategy. At the same time is not safe to buy. The best thing to do is to stay away for this pair... Very far away. We could touch the low of the channel at...
The current situation on EURAUD makes me believe that will see a correction sooner or later. This is a very nasty pair, the volatily is insane, it must be traded with extreme caution. We have got a massive channel overshoot in progress. We could go as low as 1.4200. More Info: crocotrading.blogspot.it
The situation on USDCAD still looks bullish. But it do not have a setup chart to enter at the moment. We need to wait patiently for an opening. I am thinking that they are trying to create a "bear trap" at the low of the range, if that the case we need to wait for the "trap". More Info: crocotrading.blogspot.it
The technical situation on GBPUSD is very similar to EURUSD. The problem is the GBPUSD is a very volatile pair, so here the PA is very messy. But, for what I can see we can go lower. More info:http://crocotrading.blogspot.it/2015/06/technical-analysis-gbpusd-06-june-2015.html
After the good NFP, EURUSD consolidated in the descending channel. There is a very nice descending channel, that is correctly respected. The current price action make me believe that the downtrend is still in place, and we could attach the low of the range, and next touch the bottom of the channel. Good luck! More info: crocotrading.blogspot.it
A nice ascending channel has been formed on EURUSD, on top of that, there is an AB=CD pattern. Possible bullish price action up to 1.15317 and 1.1747 in extension.
EURUSD just touched the top of a long term descending channel, this could be the final push to parity. We only need to wait....
Possible descending channel on gbpusd. It is a bit late... but it could work...
Strong resistance on EURUSD at the moment, possible reversal imminent.
I found this Butterfly pattern on EURJPY. target : 129.00 and 128.80
EURUSD has been in a free fall for months... but since FOMC something changed... Can we finally see a correction?
I found this Bullish Butterfly on EURCAD.. Looks interesting..
The trend looks bullish... Please be aware that the share GOLDMAN SACHS GROUP INC will pay dividend of 0.60 USD on the 26th of February, 2015 before the opening of trade.
There is a possible huge AB=CD pattern on EURUSD and an ascending channel. Target: 1.2000 and 1.2700
I found this huge AB=CD pattern.... It looks interesting. But could take some time to develop...