Pak_shaheen

Pak_shaheen

_____ Technically ______ 1. Big Bearish Divergence played out on a bigger TF 2. Trendline Cracked 3. Traffic Pattern FIB Retracement to 61.8% and continuation towards the targets 4. Bearish Trend Continual after a swing high on a Larger TF (D,W) _____ Fundamentally _____ 1. The Bank of England is forecasting a recession in the UK starting in the fourth quarter...

Pak_shaheen

As feds are targeting rate hikes Dollar is set to be the most winning currency over all others.

Pak_shaheen

Pound saw weakness last week due to rising tensions in the world. This week will be much risk on so the pound will gain some strength. What I see on the chart is an over extension of GBP to the downside and I would check the price action in the marked area for a possible pullback to go long. Best of luck

Pak_shaheen Updated 

As the geo political tensions are rising up and CHF is a risk off asset. Many investors will be cutting their long positions on GBP and start buying Yen, CHF and Dollar. So expect DXY, CHF and JPY to be surging higher in the coming weeks. Secondly the marked areas show the high cluster of volume where the most contracts have been traded. I expect the move to the...

Pak_shaheen

Other timeframe players have stepped in and take short this pair. As we can say it is a potential down trend and is about to start. 2.01319 is my first short target. When the price reaches there I would check the price action for further entries. Best of Luck!

Pak_shaheen

As Rate hikes are around the corner, the Dollar bulls will be back in control. As of the USDCAD setup, I am seeing price hovering at a very critical support zone. Getting long from here would be a potential 100+ pips grab. Best of luck.

Pak_shaheen

Shorting AUDNZD from this Marked point is a potential profit. MACD also showing bearishness. Use proper risk management. Regards

Pak_shaheen

DXY is on a major support level. The area marked is the nearest resistance to the upside. The price will break out of the consolidation zone to make a higher high to the nearest demand zone. Take proper risk.

Pak_shaheen Updated 

An inverted bullish head and shoulders has been made. I am anticipating a move to the upside. On a daily timeframe GBPUSD has made a higher low. A huge order block has been in this accumulation zone. Take risk properly. Best of Luck!

Pak_shaheen

The Area marked identifies as a heavy cluster zone and the price may retrace to that level as I am anticipating a bullish trend to start as I am seeing a higher low on a daily Timeframe.

Pak_shaheen

Shorting GBPUSD for 50 Pips at this marked zone. Use proper risk. Best of Luck MACD making a bearish divergence on 1 hour so a pull back would be a minimal of 50 - 60 pips. After that checking for long opportunity.

Pak_shaheen

Strong Pound due to the BOE Policy. Waiting for the price to reach the marked zone and then pull the Trigger. Risk is very minimal. Best of Luck!

Pak_shaheen

The Red Marked zone shows Volume Cluster, big positions are accumulated here. Expect to see an upward reaction when and if the price reaches here. Target almost 90 - 100 pips. Best of Luck

Pak_shaheen

The Safe heaven currency is setting up for more strength due to high tensions in Europe. The DXY is getting stronger as well and might see a correction or a pull back. Getting short when the price reaches the marked zone. Best of Luck!

Pak_shaheen

We had a long drive of 400 pips on XAUUSD on my last Gold Analysis. KUDOS!. So now we see a break of the last support and bullish structure but still the bull trend is not over so the area marked is a Daily Time Frame volume cluster zone. Expect to see a reaction at the marked zone. Targeting a 100 pips move from there. Best of Luck!

Pak_shaheen

GBPAUD Coming to a crucial support. Looking for a good price action for confirmation to go Long. Aiming to catch a 100 pips. Trade Wisely, use proper risk Management.

Pak_shaheen

GBPCAD has Overextended to the downside, may see a pullback from the marked zone. Expecting a 80-100 pips move. The marked zone is highlighted as region of high volume cluster. May wait to see a good price action and a bullish divergence on MACD on 1hr timeframe. Take Proper Risk. Best of Luck!

Pak_shaheen

Check my previous analysis on GBPUSD bagged 150 pips on the last call. Now what do we see? I see a downtrend continuation and a swing low on a higher time frame as you can see we are still in a down trend on GBPUSD. DXY Reached the marked zone as I told my followers.