RandyFuego

RandyFuego Updated 

Selloff season for the Euro, let see how long it lasts. As shown on the chart, the EURCHF has broken out of a rising wedge, leading to more downward movement. 1D candle has just popped out, so I strongly recommend waiting for a retrancement and selling once there's clear confirmation.

RandyFuego Updated 

EURAUD broke the raising channel creating a high possibility of a drop. Another factor is the fading volumes from the bullish side, making room for the bears to walk in. The trade set up its shown on the chart, there might be the possibility of a further downside momentum.

RandyFuego Updated 

A channel down has been formed and broken on the 1h chart, we expect it to rise up to 0.67276 with more potential upside on the bigger time frames. Entry - 0.67276 ST - 0.67653 SL - 0.67090

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EURCAD has broken out of a descending triangle, giving room for downside movement on the 1H chart. Watch for bearish confirmation if you wish to make an entry as price it's oversold.

RandyFuego Updated 

GBPUSD took a nosedive during Asia trading session that was then followed by London with negative employment reports for the island nation. It is possible that we'll see a pump back to the upside to retest 1.34936 before going back down, or going up... We must keep an open mind. Entry for this one is Above - 1.31908 TP - 1.31908 SL - 1.31433

RandyFuego Updated 

There's more to see from the elections effect on the pound. We'll see how the week develops, but so far it look very bullish in all fronts. Entry - 2.01616 TP - 2.09289 SL - 2.00681

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Technical analysis for the CADJPY on the 1H chart. Entry - 82.511 TP - 83.502 SL - 82.367

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As shown on the chart, gold it's following a bearish channel within a bullish structure.

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As shown on the chart, the AUDCAD finds itself inside a triangle on the Daily chart. we could either enter inside the triangle after it bounces on the support or after the breakout which is more safe.

RandyFuego Updated 

Welcome to the Election day in the jungle. The GBPNZD pair could be breaking out of the daily range to be off to weekly lows on the higher time frames, where it formed what it seems like a bullish flag on the Daily chart, which has been disrupted and might break to the down side anytime soon. On the 4H time frame it has broken a small uptrend before it reached...

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As it was said on the previous idea, AUDNZD it's now off to new heights against the NZD. Our bullish confirmation it's now in play and has triggered our order.

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As shown on the chart, the CHFJPY has reached our selling point. It has previously broken an uptrend on the 4H chart now the CHF it's heading down below the JPY. price settled under resistance, meaning that we could see a reversal here.

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USDCAD broke it's way up to our sell target, Sell order it's active as of now. We're expecting a pull back from here for the continuation of the down of the formation of a downtrend. Pros - OPEC Oil production cuts keeps increasing the price of the oil strengthening the CAD. We've reached the top of the trend line on the 4H chart. Bears keep the price under...

RandyFuego Updated 

> Daily uptrend broken. > Bank of Canada kept rates strengthening the CAD even more. > Pull back to retest the broken trend line hasn't happen on the Daily yet meaning that a big pull back it's expected from the next daily candle to the up side towards 1.32353 > Once the pullback it's done, place a sell order upon confirmation of down trend continuation below...

RandyFuego Updated 

We've finally reached the bottom of the trend line, we're expecting a bounce from here.

RandyFuego Updated 

As shown on the chart, the shiny metal finds itself in a bullish momentum looking to retest the trend line before another drop. The daily structure looks bullish, showing a big bullish flag pattern which is coming to the end of it's journey, hence why gold looks like it's following a downtrend pattern on the smaller time frames. In this case we came with a great...

RandyFuego

This is an idea on the EURAUD which has now broken its previous downtrend, a down trend it's now forming under the previous trend line as shown on the chart, Strength on the Euro might make a retest of the trend line very likely, but after the RBA (Australia Royal Bank) voted to not cut rates, the Aussie gained the strength it needed to put up a fight. Overall the...

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Based on the 4H chart and as shown on the chart, GBPNZD has lost some strength after slipping back into a deadfall creating this clear opportunity for a retracement to the north side inside this downtrend channel. -> Our main confirmations are the rejection at the bottom of the trend line -> The trend line itself -> And the green 4H candle indicating a likely...