MrTradesFX

MrTradesFX

After a nice retracement back up to retest this zone of previous support now turned resistance, we could possibly see a ABCD Pattern occur . Also this resistance zone lines up perfectly with our 61.8 Fib level

MrTradesFX

A move above this zone will indicate a bullish push to the upside

MrTradesFX

Price has broken through a daily support level. Fears of Coronavirus has everyone rushing into safe haven currencies. I believe we will see further Selling of risker currencies as Coronavirus shakes up the global economy

MrTradesFX

rejection off the descending trend line

MrTradesFX

Potential LONG for USDCHF

MrTradesFX

HUGE Bearish pin bar rejection off resistance indicating a lot of sellers in the market

MrTradesFX

Looking bearish going into next week as this pair has already rejected off previous resistance level. GBPJPY has also broken a mini support level, wait for a retest before looking to enter a SHORT position on this pair.

MrTradesFX

We could see a push to the downside to retest this ascending trendline after AUDJPY failed to break resistance

MrTradesFX

With the US Dollar gaining some strength last week, we could see a bearish move for the EUR going into next week. A strong bearish candle stick indicating a lot of sellers in the market. wait for a clear break and retest of this ascending trend line before taking out any shorts on this pair

MrTradesFX

Clear rejection from a strong resistance level indicating a continuation of bearish momentum

MrTradesFX

Clear rejection candle of support level indicating a bullish momentum

MrTradesFX

A pullback towards these fib levels will line up nicely for a SHORT position on GOLD

MrTradesFX

GBPAUD is looking ripe for a short position on the daily timeframe. Look for a clear rejection off the 61.8 or 50% Fibonacci retracement

MrTradesFX

price has rejected off the descending trend line with a shooting star on the weekly chart also a bearish engulfing candle indicates alot of selling pressure in this pair. wait for a retest of support and look for clear signs of rejection before entering a short position

MrTradesFX

AUDUSD is in a clear up trend and has broken through resistance and now found support

MrTradesFX

A break of this ascending trend line will signify a sell on EURGBP. wait for a clear break and retest before entering this trade

MrTradesFX

after a bullish push the upside and a break of previous resistance, i do believe price can carry on wiht this bullish momentum to the upside to retest this next level of resistance

MrTradesFX

price is showing signs of rejection of the resistance level, also the dollar is looking weak across the board DXY