MyFxPicks

MyFxPicks

NZDCHF is producing a falling broadening wedge which could ensue into a double bottom. Watch lower timeframes for entry confirmation. Trade well and take care.

MyFxPicks

Breakout occurred on USDZAR which is likely to send the pair nosediving! The pair has over 90% positive correlation with USDCAD which is also headed down. Trade well and take care.

MyFxPicks

Howdy traders EURCHF is currently poised for new higher highs. Demand is picking at a rapid rate. Trade well and take care.

MyFxPicks

Keeping watch on the trendline resistance. JPY is gaining strength against its opponents at the moment. Trade well and take care.

MyFxPicks

The bearish pressure on the pair shows no signs of letting up. Further depreciation looking more likely. The falling trendline is expected to hold. Trade well and take care.

MyFxPicks

CADJPY leans towards a possible break to the upside.

MyFxPicks

AUDUSD looks poised to break the trendline. A move further down is not looking likely.

MyFxPicks

USDCAD is readily bearish, and a continuation move to the downside is still in the works. Buyers should proceed cautiously on Monday. Trade well and take care.

MyFxPicks

AUDCHF currently range-bound within a triangle. Opportunities for longs and shorts are at present equal.

MyFxPicks

Howdy traders. A possible retest after breakout from ascending triangle may be in the works. Re-test/buy zone: 0.58268-58023 Profit target: 0.59125 The pattern fails when price closes decisively below LH1. Trade well and take care.

MyFxPicks

Howdy traders Price is reacting to a local resistance. Quick and lucrative short with a high probability of successs.

MyFxPicks

USDCAD is supposedly going down via a classical H&S pattern, if you look closely. I remain doubtful about the success of the pattern. Instead, I believe another leg up is in the works, before any meaningful bearish activity may take place. At present, the pattern is more bullish than bearish.

MyFxPicks

Howdy traders Further crash seems forthcoming on EURUSD. Buyers are fast touching a critical resistance from which price may begin to fall. Trade well and take care.

MyFxPicks

Howdy traders, The FOMC interest rate decision has revealed price-action intention that has been hiding under a choppy price action for many majors pairs. Dollar remains relatively strong. EURNZD has reached and tested a significant level of support which can be expected to ensue into a significant rally. Trade well and take care.

MyFxPicks

Howdy traders Price action has been a bit choppy (but bearish) of late in anticipation of FOMC. The outcome of the meeting is like to send SPX, NASDAQ, stocks, and pairs such as these down, at least in accordance with the prevailing price action. Trade well and take care.

MyFxPicks

Howdy traders USDCHF is setting up a nice and easy price action for shorts. The pair is expected to fall to at least 400 pips. Trade well and take care.

MyFxPicks

Howdy traders. USDCAD is inclining down at least 500 pips from the Friday close. The move, however, is short-term and price can be expected back up to re-test the ultimate highs. Trade well and take care.

MyFxPicks

Howdy traders, Whilst Gold is heavily bearish (long-term), there way price is setup is such that we need another leg up before any significant plunge can occur. Trade well and take care