PLFX89

PLFX89 Updated 

Difference in rate may power another move down of this pair. Moreover, this zone is a great zone to go short with the target exactly on the chart.

PLFX89 Updated 

EURAUD is in correction wave from the big move down. - The correction wave appears to be rising wedge which will completed at the right shoulder of SHS bigger pattern. - This is not the time to sell as Correction wave has folded out yet. I will look for bearish confirmation around 1.64 - 1.6450 with the target at 1.59 neckline position.

PLFX89 Updated 

Although risk sentiment has improved because of phase 1 trade deal between US and China and Brexit uncertainty has become clearer, time to erase these risk off the table will remain long and there will be a lot of obstacle along the way. - Phase 1 deal is just agriculture stuff. Phase 2 is intellectual property which is much harder to reach a deal. Trump might...

PLFX89

Following CHF ideas, NZDCHF is clearly forming bottom pattern ( Round bottom). Not the best time to buy but great to put in watchlist to keep track. Once breakout of this bottom formation, big move is ahead

PLFX89

GBP pairs have been overbought lately. Although fundamentals confirm these up move, a correction is due when these news fading away. Looking for short at the above zone.