Price took a dive below a significant level and I am looking for a retest of the level to take advantage of a short opportunity. Alert set for the level and I will update this analysis if the short presents itself in the future. -Watching with bearish bias.
The dollar still has some life left amidst the rate hike from the Fed. Rates will continue to rise and I am sure the dollar will take a dive some time in 2023, perhaps following first quarter. For now, the dollar shows strength as it regained momentum from its recent losses. Whether price will rise back up to my resistance shown is yet to be determined but I will...
Price has broken out of a strong descending channel, climbed above a major level and retested the level to signal the bulls are present. My next target overall target is above. Euro is obviously kicking butt and taking names.. Go EURO!
Price has retested a major level zone and looks strong. Kiwi is expected to climb further against a weaker USD.. Next stop target is the .67 zone…
Price has reached a strong level of resistance and has dropped below a supportive trend line.. I am looking for a lower high for a short opportunity. Placing this pair on my watchlist to track the potential opportunity.
Previous analysis had levels with an alternative setup but these levels appear to be stronger. Bullish bias shows a breakout idea as price looks for support.. I will be watching to see if price creates price action and prepare for another breakout for a buy opportunity…
Perfect retest for a major level rejection.. It is too early for a short entry according to my strategy but definitely a reason to watch for future opportunities. Patience is key here..Watching with short bias.
Price is hovering over a major level and showing signs of bullish pressure.. The zone of 1.35 would be the overall goal but possible to have pit stops along the way… FED minutes are this week but if you ask me, Pound has a good chance of remaining in the bullish landscape..
Price is climbing and I’m anticipating a pullback to find a higher low level of support. Previously price broke support but regained strength and found support on the major level shown.. This should be a good buy opportunity and I’m tracking it for a potential entry.. -Watching with bullish bias.
In coming days we may get some strength from CAD vs AUD. I will be looking for price action around resistance zone and a retest of my levels for a short entry. My entry will be with the 4hr time frame. RSI lets us know that there is a good amount of momentum in this zone as it appears to be overbought. -Watching with short bias.
Price is too strong to turn around! We have a retest of the level below and a higher high produces signaling strength with the bulls. Next level anticipated is shown on chart..
Strong bearish landscape for price. We have a lower low created on the 4hr time frame. USD weakness is evident. I have entered a short position with my SL above last lower high. TP left open and will use the pink cloud as a guide of resistance until broken. A retest for the major level is shown better via 1hr time frame. I will update progress of the trade accordingly.
If you have been watching EU for an entry, looks like a good area to enter in my opinion.. I am using the green cloud as support to ride the wave. Next ultimate destination is resistance shown above price on the chart. The plan is to buy the rallies as appropriate until price reaches that level, or beyond. SL placed below most recent higher low on 4hr.. Previous...
Im gonnq track this zone and see if kiwi runs out of strength...watching
Too early to tell but from this view, I have gone back to short bias... whew, patience was needed indeed lol.. Support is getting thin.. The green cloud is the higher averages of support.. Looking for a retest of the major level and per my analysis, there may be short opportunities ahead..
On the technical side, Euro has one more price to hit and its deep; according to my analysis..Will Euro hit .89600? ..Im looking for a retest of the major level shown and looking for short opportunities via the cloud...
Now that price appears to be in a bearish landscape, I am waiting for a retest for the major level.. Ultimate target is shown below but it may not be a smooth ride. Overall, expecting a full retrace for price..
Price is resting amongst a significant Aussie level. Watching this level to see what price wants to do. As of the moment, the green cloud serves of the higher averages of support, as well as the major level of support below.. Can Aussie climb up from the hard fall? Neutral bias