we got the bounce we wanted to enter a long on this pair from our area of Interest Feulled by yesterdays massive decline in oil prices ,Tp1 hit +50 pips we will maintain a long stance on this pair and Update next week
GBP CAD Its a BIG Data for Both Long on the dip or go in live and use lower trendline for resistance . GBP has been toast as of late , we saw a little bounce late Tuesday on the back of some Brexit clarity , GBP has dropped more Nearly 500 pips to the CAD in a week. Lots of early GBP news tomorrow and CAD news later may give this the bounce it needs .
Trade the EUR CAD 300 PIP wedge from FIB to FIB nice trade set up have a great trading week
Trade the EUR CAD 300 PIP wedge from FIB to FIB, Hold back on entry , trade the FIB range High and you will be cool have a great trading week
The USD will rise , the JPY will fall TP1 HIT from our trade stay long
GBP AUD potential Breakout GBP is Toast , but the AUD are feeling the heat from the US and China trade stand off . I see the US and China trade deal being sorted before GBP is Look for signs of a potential breakout
GBP NZD potential Breakout GBP is Toast , but the NZD are feeling the heat from the US and China trade stand off . I see the US and China trade deal being sorted before GBP is Look for signs of a potential breakout
GBP JPY still BEARSIH STAY SHORT, we will be bearish on all GBP pairs this week Brexit and the UK Govt is a total mess and NO green shoots of hope in sight . Brexit has Impacted very heavily on the GBP and has even those who voted for the leave are now wondering why and the costs associated with it and the GBP The GBP has fallen 9 days straight against its peers...
GBP JPY still BEARSIH STAY SHORT, we will be bearish on all GBP pairs this week Brexit and the UK Govt is a total mess and NO green shoots of hope in sight . Brexit has Impacted very heavily on the GBP and has even those who voted for the leave are now wondering why and the costs associated with it and the GBP The GBP has fallen 9 days straight against its peers...
EUR JPY has given us our sign to go long deep in our buy zone TP1 +50 pips Hit JPY has had a stellar few weeks , but that shall diminish as many major data releases including the 30 year bonds have come in averagely Lots of JPY safe haven status talk going on , but I dont buy that , Most currencies will pull back up on the JPY next week
1.1300 should be the top ???????? may be may be not while Trumps upsetting the Chinese and sending warships to Iran , the EUR and CHF will be the big winners in that look for a trend continuation sign around the early 1.1300 area
2 very distinct clear possibilities , 1 maintain the annual bearish channel and stay Long 2 Trade the breakout of our lower annual trendline
10760 forecast bounce was Correct and now in play, currently plus 80 pips will keep long on this to the top line
USD CAD enter Long on on the pullback 13350 zone wait till little close and cheaper entry , safe stop below 13300. BUT this is all dependent on Trump's little "lets Up set the whole world game @ moment stance " -Trade wars with China -War ships sent to Iran and Hilary just got a new haircut
There is the signal to Go long , stop loss 1 ATR below for safety
The chart is pretty much self explanatory
Ahhhh the Cable, inn the perfect world , pre Brexit pre Trump , I would say take this LONG NOW BUUUTTT We are where we are , Brexit is a mess , the GBP is so unpredictable But saying all that happy stuff, We are in our confluentual buy zone We have had a 4 hour double bottom set up We are just advising on this an an analysis to keep an eye on . The only saving...
NZD CAD approaching Confluentual buy zone We are approaching a level that has seen the Pair Bounce back heavily before taking this trade WAIT for a signal a sign to long As yet we have not got that and we will shall observe and wait for entry a pending long above could be advisable