Michaeljacque

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Joined Nassau,Bahamas
Markets Allocation
100 % forex
Top Mentioned Symbols
USDJPY 23% | 5 GBPUSD 19% | 4 AUDUSD 14% | 3 EURGBP 9% | 2
Michaeljacque Michaeljacque NZDJPY, 240, Short ,
NZDJPY: NZDJPY selling op
3 0 1
NZDJPY, 240 Short
NZDJPY selling op

Some Resistance up ahead

Michaeljacque Michaeljacque EURCHF, 240,
EURCHF: Eur Chf Bullish Flag ?
5 0 2
EURCHF, 240
Eur Chf Bullish Flag ?

The Euro's Weakness Lately has the EUR/CHF trending down towards a 61% retracement Is this a Buy Level or a selling opportunity. with The recent Euro weakness a sell is possible.

Michaeljacque Michaeljacque GBPUSD, D, Long ,
GBPUSD: Fake Breakout??
36 0 1
GBPUSD, D Long
Fake Breakout??

Friday"s Possible fake Breakout May lay the Ground Work for A resumed Bullish trend

Michaeljacque Michaeljacque USDJPY, 240, Short ,
USDJPY: Bearish Triangle
24 0 1
USDJPY, 240 Short
Bearish Triangle

Confirmed Bearish triangle

Michaeljacque Michaeljacque USDJPY, 240, Short ,
USDJPY: Bearish UsdJPY
17 0 0
USDJPY, 240 Short
Bearish UsdJPY

The Usd has rallied the end of Last week but the Usdjpy has remained in a tight range because of improving economic growth, as well as rising input costs helped stave off more easing measures from japan. It's failed to remain above 120.435. Forming a possible Bearish wedge. Risk at th

Michaeljacque Michaeljacque GBPUSD, D, Short ,
GBPUSD: GbpUsd Return of the Bears
106 0 0
GBPUSD, D Short
GbpUsd Return of the Bears

Bears have regain control of the Cable. Looking to make new Lows again

Michaeljacque Michaeljacque GBPUSD, 60,
GBPUSD: GBPUSD - Another test of the major resistance @ 1.4982/89
96 0 2
GBPUSD, 60
GBPUSD - Another test of the major resistance @ 1.4982/89

Buyers Aren't as Sold on the Pound as yet. Before Any major Bullish gains can continue the Rising wedge seen on the Hourly and the retracement levels stands in the way of bullish movements.In the bigger picture, price actions from 1.3503 (2009 low) are treated as consolidations to long term down trend from 2.1161 and should have completed at 1.7190. Fall from ...

Michaeljacque Michaeljacque GBPUSD, 60,
GBPUSD: GBPUSD - Another test of the major resistance @ 1.4982/89
42 0 0
GBPUSD, 60
GBPUSD - Another test of the major resistance @ 1.4982/89

Buyers Aren't as Sold on the Pound as yet. Before Any major Bullish gains can continue the Rising wedge seen on the Hourly and the retracement levels stands in the way of bullish movements.In the bigger picture, price actions from 1.3503 (2009 low) are treated as consolidations to long term down trend from 2.1161 and should have completed at 1.7190. Fall from ...

Michaeljacque Michaeljacque USDCAD, 240,
USDCAD: UsdCad Support
47 0 0
USDCAD, 240
UsdCad Support

1.25444 Has been a resistance in the past consolidation can it now act as a support for The USD/CAD as crude Oil Looks to be Unable to rebound above the $50 a barrel as crude oil Inventories could be full as soon as june.

Michaeljacque Michaeljacque EURGBP, 240, Short ,
EURGBP: Short eurgbp
60 0 0
EURGBP, 240 Short
Short eurgbp

Short here as the trend should resume

Michaeljacque Michaeljacque USDJPY, 240, Long ,
USDJPY: Looking to Buy The Dips
25 0 0
USDJPY, 240 Long
Looking to Buy The Dips

The week shoulf start off with NFP profit takers bringing the Pair down. From there i'll look to buy more into the dips.

Michaeljacque Michaeljacque USDCHF, D,
USDCHF: Neutral But waiting for shorts
18 0 0
USDCHF, D
Neutral But waiting for shorts

Waitihng on a bearish signal to enter

Michaeljacque Michaeljacque USDCHF, 240, Short ,
USDCHF: UsdChf 78.6%
15 0 0
USDCHF, 240 Short
UsdChf 78.6%

The Usdchf's retracement should be at a end. We're still viewing current rebound as a correction. And we'd expect strong resistance below 0.9553 to limit upside and bring near term reversal. Below 0.9174 minor support will turn bias back to the downside. However, sustained break above 0.9553 would possibly pave the way back to 1.0239 resistance.

Michaeljacque Michaeljacque NZDUSD, 240, Short ,
NZDUSD: Setting Up a Nzdusd Short
19 0 0
NZDUSD, 240 Short
Setting Up a Nzdusd Short

We Have a Rising Wedge in a Downtrend which Usually Signals a Bearish countuation. In this case am looking to sell at the 61.8% (0.76184). This is a safe area as it is The old Support from the Pair's Old range.

Michaeljacque Michaeljacque AUDUSD, 240, Short ,
AUDUSD: Short Audusd
19 0 0
AUDUSD, 240 Short
Short Audusd

In the bigger picture, the down trend from 1.1079 is still in progress with solid downside momentum. Current fall could be correcting the long term up trend from 0.4773 (2001 low). Such down trend would possibly target 61.8% retracement of 0.4773 to 1.1079 at 0.7182 and below. The 0.7900 was tested and held and the Downtrend resumes.

Michaeljacque Michaeljacque USDJPY, 240, Long ,
USDJPY: Long usd/jpy
50 0 1
USDJPY, 240 Long
Long usd/jpy

An Ascending triangle in a uptrend with a Nice bullish Channel Signals a continuation, The yen has fallen 0.44% so far for the week and is expected to continue. The trend is your friend and the trend is bullish .

Michaeljacque Michaeljacque EURGBP, 240, Short ,
EURGBP: Eur/Gbp
10 0 0
EURGBP, 240 Short
Eur/Gbp

Bid intraday but the 200 HMA and 10 DMA at 0.7534/45 extert bear pressure. Thurs' bounce and positive close is a concern. Yday's price action also formed a bullish outside day. That said if the averages can hold then a fresh leg lower is on the cards. The 61.8% fibo of the life lows/highs move at 0.7256 is a viable bear target.

Michaeljacque Michaeljacque EURJPY, 60, Short ,
EURJPY: Eurjpy Short
18 0 0
EURJPY, 60 Short
Eurjpy Short

The overall scope is for a bearish resumption towards the recent 2015 low, posted on Monday. There is plenty of resistance ahead of 134.79 - 23.6% retrace of the 149.79 to 130.16 fall - which continues to weigh heavily on the market.

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