USD came out swinging today but the Euro was unfazed and remains above a significant level. Can we receive a retest before price runs with the bulls? Too early to tell but def worth watching prices reaction at this level.. GO EURO!
If price is rejected here, this is a retest of this level from a break that took place several months ago. Watch this zone as it is a potentially good zone to look for shorts in the future. I will be watching this pair this week for an opportunity.
Previous bullish bias invalid, as price broke through a strong support floor. My next major level is really deep, around .83... Price may not reach that level but should be some good short opportunities in the mean time with a weaker dollar. Pay attention to this level during higher volume sessions. I will be looking for an entry on 4hr time frame.
Previous short bias was wrong for Aussie.. Price has climbed over a major level and showing strength with the bulls. Daily supportive cloud looks strong. My next level of focus is displayed and will be looking for a buy entry when a high volume session permits. Entries will be executed on 4hr time frame.
My chart displays my game plan for the levels I am paying attention to.. Going into next week, I will be looking for "buys" during higher volume sessions via 4hr.. A pullback exists on the 4hr, so I may enter a long entry via London session... Daily support cloud looks good and strong as well.. Next level of resistance is listed..
Previous bias for bullish scenario appears to be invalid at this point. Price has slipped into a bearish landscape and rejected twice below the major level of resistance. I have changed my bias to bearish and expect a slide from here. I have entered a market entry short with SL above the green cloud.
Price appears to be slipping into a bearish climate as it creates lower highs and dips below a major level. If a lower low is produced, I will be looking for a short entry with my ultimate target at the support level illustrated on the chart. Currently price appears to be retesting the major level.. Will be watching future sessions for the opportunity.
Price previously touched a major level with a rejection but has returned with that appears to be bullish muscle. Wouldn’t be surprised if price breaks this level and climbs further. I believe the Euro is starting to stabilize some of its inflation whoas of the past. Too early to tell how long this reversal will last but in the mean time price looks very strong to...
AudCad is headed towards strong resistance and has been producing lower highs in a bearish climate overall. The Fib levels shown are also strong key levels to pay attention to. I am lookin for a short opportunity as price pushes up more into this strong resistance zone...
Price has been ranging between two significant levels for some time. There is a recent rejection to support level indicating a bullish run in coming days. RSI also signals great momentum at the major support level to support a bullish bias. I will be watching the 4hr chart for a long entry when appropriate.
Strong support as a major level shown.. Green cloud is present and has built strong support for price from higher averages.. I like the way Euro looks here.. 4hr analysis didnt show the better picture.. Next week, will see if the Euro will rise against Franc as expected..
Below, price was rejected at a significant level of support. Price has found its way above lower averages into a bullish landscape. I have marked 3 levels of TP potential targets. SL can be placed below green supportive cloud..
Major level received a rejection which is signaling respect of resistance. Looking for a lower low. Ultimate target illustrated at bottom of chart. Watching with a short bias..
Price has been working its way up from structural support and appears to be reaching for the next level. I have displayed 3 levels of take profit according to fib. Price has also broken out of a tiny range and created a higher high..
Price has pulled back to a significant zone following a big dip below the level. Looking for a retest for a short opportunity. Pay attention to rejections and price action at the resistance level. -Watching with a short bias.
If price pulls back for a rejection at resistance, this will be a good retest and a signal for a short position. Price previously dropped near my marked up level of support but never touched the level. If price breaks resistance with indication of a climb, this idea is invalid. Looking for the short opportunity in coming days.-Watching
Price wants to stay around this level but my bias is bearish.. Holding a short around here and SL above the cloud.. Both of my levels are displayed. Lets see what price wants to do!
Price has declined into a desired area for a short opportunity. 1.27 ratio is set for TP. Once broker margin permits, I will be taking a short position with SL above green cloud..Ready set, let’s go fishing.