StampsFX

StampsFX

Strong bullish activity. Broke into new trading range. The upper trend line will be tested. Resistance at 1.37535 will also be tested.

StampsFX

EURUSD appears to be reversing its bearish trend, however it has not yet violated the bearish channel. For these situations I find it best to trade within the channel in case it does not experience a bullish breakout. The entry is set low (expecting pullback) and the SL is set tight. The SL is below the lower trend line. -StampsFX

StampsFX

JPYAUD appears to be forming a bullish flag. Too early to tell, but if going bullish it is usually a good idea to wait for a pull back. Waiting also gives you the opportunity see any sharp reversals and change your mind. Expecting to see a pull back/sell off because of the recent bullish activity, however if all goes as planned it will continue to rise higher and...

StampsFX

Trending down USDCHF. If the trend maintains its structure, we may see a small bounce followed by a heavy downtrend. Since price is at the lower trend/channel I am looking for a sell entry closer to the upper channel/trend to ride it back down.

StampsFX

NZDUSD has breached a major weekly level. The upper trend line was also rejected. Looking for a retest back to the lower trend line and possibly a break of that trend line. -StampsFX #nzdusdshort #nzdusdprediction #nzdusdforecast #nzdusdidea #nzdusdsignal #nzdusdtrade #nzdusdoutlook #nzdusdsell #technicalanalysis #trendanalysis

StampsFX

USDMXN, has multiple resistance levels that has only been tested two times. If the upper resistance line continues to hold, I would expect the bulls to sell off and the bears to step up. -StampsFX

StampsFX

Strong down trend. Nothing bullish to see here. Break of trend would be bullish, but I don't see that happening anytime soon.

StampsFX

Breakout is due very soon! Lower trendline is more powerful indicating we may see a bullish breakout. Wait for confirmation before pulling the trigger.

StampsFX

EURSEK : Price is consolidating. It will break out very soon. The double top indicates it may break out to the downside, however we need to wait for confirmation because price is at a very strong support level. EURSEK

StampsFX

CHFJPY Current structure displays a bullish channel. If/when the formation breaks, price will break out. Price is making higher highs and higher lows. Setting the SL below previous low, which will indicate a weakening trend. Otherwise, we ride it up to 115.120 level. Thanks for reading and much success! Follow- and let's build success. - StampsFX

StampsFX

GBPNZD Has broken a key level that exist on the daily and weekly chart. GBPNZD has a bearish overview. The analysis shows the bears was able to break through key levels that has existed for a long time. GBPNZD bearish momentum has continued for several months and the down trend does not appear to be over. Thanks for reading and much success! -StampsFX

StampsFX

EURAUD broke down and then bounced. The move does not look sustainable. Price normally retest the lower trend line after major levels are broken, which is what I see here.

StampsFX

EURJPY may be due for a sharp downtrend. Price has reached a level of support that rides along a very strong trend line. If this is broken, EURJPY will fall....and fall hard. If the trend line is respected and price closes above resistance, the price may continue to rise. Be patient and time your entry.

StampsFX

OANDA:EURUSD EURUSD has an upper resistance trend level that appears to be very strong. The trend is going down and price is rejecting when it comes up and hits the bearish trend line. Over the next couple of days, price should fall and possibly breakout to the downside. IF WE GET A BREAK ABOVE that trend line we would need to watch for a trend reversal. EURUSD sell

StampsFX

FOREXCOM:EURSEK This is currently in a strong uptrend, however a reversal may occur after it reached the previous high (Peak to the left). It is best to allow this to run and put on a short position after the support level is broken. Will still need to watch and make sure there is no bounce on the lower trend line.

StampsFX

FOREXCOM:EURUSD looks to have broken into a new key level. The support and trend line has been slightly violated. The only hesitation would exist from the sharp down move. Usually when a sharp down move occur you get a bounce and it opens the door for the bulls to take over.

StampsFX Updated 

FX:AUDCAD is currently moving up and displaying a nice uptrend on the daily chart. AUDCAD should continue to move up until sellers find a reason or motive to sell off. This reason to sell may just be occur after the AUD employment numbers are out. The expectations for AUD employment is currently at 20k; the previous employment number was 5.6. I could be wrong,...

StampsFX Updated 

AUDCAD is currently pending employment numbers. If they miss, this pair should experience a pull back. The gap between the past and current expectation is very large.