Display: FX:AUDUSD Description: As shown above we have FX:AUDUSD . Price is currently Bullish , As shown last week we had a Rising Wedge then a break out of the wedge and a quick return which had the characteristics of a bull flag. I outlined the possibility of a either a 50 retest or even a weekly sup retest we have...
Update to come
Display: FX:CADJPY Description: As shown above we have FX:CADJPY . This pair is currently Bearish , although price is demonstrating Bullish momentum off the Lower Ascending Trendline i would still call this a short position, we have had multiple attempts to close above Monthly Resistance 86.800. This has not been fulfilled creating a Double/Triple Top...
Display: FX:AUDJPY Description: As shown above we have FX:AUDJPY . This pair is currently Bearish , On Friday we had some Bullish action however it is clear the Bears are in control. We have a rejection between the .382/.236 Daily Res, Similar to FX:CADJPY which are also both trading inside Ascending ...
AS described in yesterdays post we had the top BLUE line as Key Level which we had broken below We now have another key a break & close below we will look to short through the channel :)
Display: FX:GBPCHF Description: As shown above we have FX:GBPCHF . Currently we are Bearish , we have been in a downtrend/Bearish channel since Mid December. As it is clear cut which position we should be taking we would now need a valid setup.As shown above there is a possibility price may retrace to the between the...
Display: FX:EURAUD Description: As shown above we have FX:EURAUD . We are currently Bullish i posted this yesterday having bounced off the 61.8 area we still have a bullish outlook. Currently we have a Ascending Triangle a break & close above it would be a nice long signal. Indicators: 50 Smoothing out PA, 200 EMA...
Display: FX:AUDUSD Description: As shown above we have FX:AUDUSD . Price is currently Bearish , I Posted this pair last night expecting a possible 50/61.8 retracement we can a significant Hammer creating a Triple Bottom just above Weekly Support. the order is still valid however if price closes below 0.786/Weekly...
Display: NZDCAD Description: As shown above we have NZDCAD . We are currently Bearish having broken out of the bus channel we are swiftly returning a break back into the channel will be a perfect opportunity to join the trend. Price has just broken out of the triangle the BLUE line if you look left is previous...
Display: FX:EURAUD Description: As shown above we have EURAUD . We are currently Bullish having bounced off Monthly Support numerous times price is trading above the new Weekly Support above our previous symmetrical triangle, Im anticipating a retracement to between the 61.8/0.50 FIB Outlined in BLUE i would set a...
Strong rejection I will go long on the break of the 200 EMA ( 15min chart ) to top of triangle
Display: FX:EURJPY Description: As shown above we have FX:EURJPY . We have a clear cut Trend outlined on this pair for the month of March 2016 i had a few long positions anticipating a touch of the upper channel TL. A few pips short of the TL we can see structure coming back into play with a similar breakout trade of the Bear Flag almost identical to PA...
Display: FX:NZDCAD Description: As shown above we have FX:NZDCAD . Currently this pair is ranging between 0.89500 – 0.87500, Going back to 4th March Price was still bearish but rallied up to 0.91100 which was a 0.786 retracement of the previous swing high. Followed by two larger sized Doji's and failure of...
Potential position on sudden breakout