GBP/USD Bounced mid FEB from D1 FIB target giving us a nice break retest bouncing of trend line and old support witch is are new resistance. Expecting more downside in this pair only looking to short.!
AUD/JPY WEEKLY OUTLOOK. SHORTS ONLY. As you can see we are breaking out to the downside expecting new lows hopefully we get a little pullback so we can execute a short position down to D1 FIB target witch is confluent with support 74.377. Lets see how this analysis plays out.
EUR/AUD Has broken out to the upside trend line break and daily moving averages to the upside. Favoring a long opportunity. We are waiting for a pull back to new support to execute a long position to 1.59749 if we do not see a pullback we will simply stand aside.
We Have been watching this Fib since July 2015. Finally moving to are first target 119.919. Perfect example of being patience and having faith in your analysis. Shorts only on this pair would need a pullback to re enter. Lets see what happens this week.
NZD/USD Weekly perspective. Simple Weekly fib D2 extension confluent with resistance. Also if you check are NZD/USD daily post we also have another fib targeting the same resistance therefore this is are next target for NZD/USD Only looking to long this pair waiting for the perfect opportunity patience pays!
NZD/USD OUTLOOK. NU finally broke above the 0.68736 level giving us a nice break retest this week. Added a fib retracing to the 78.60% level. Will be watching closely on market open for a pull back to execute a long to D2 extension (61.00%) level witch also is confluent with historical resistance 0.72315. If we do ...