TarbzFX

TarbzFX

-4Hr: Retest of support line with bullish momentum towards resistance which I feel will retest and gain bearish momentum upon the interest rate decision -Daily: retest of support line - RBA governor Philip Lowe indicated in July that interest rates were likely to remain on hold for a while as Australians grappled with rising household debt, stubbornly weak...

TarbzFX

• Weekly- MACD about to signalling bearish move • Daily- bullish spinning top - Retest of 61.80% fib - Retest of wedge support - MACD looking to cross in next few days signalling bulls taking over • 4 hour- bullish hammer • Verdict: Long bias which I look to take once trend breaks past blue area of resistance • Fundamentals; US economic data

TarbzFX

• Weekly- bearish breakout from bullish trend • Daily- breakout from rising wedge - MACD crossover signalling bearish move - Retest of 38.00% fib level • 4 Hour- bullish move towards 38.80% fib which I will look to take short position from - This is further signalled by bullish crossover • Hourly – MA about to crossover and will look to short once pullback is...

TarbzFX

• Monthly- breakout from bullish trend • Weekly- MACD about to cross and bullish engulfing candle signal bullish bias this week - Last week was retest of breakout of daily channel • Daily- bearish spinning top, trend could have found support at 61.80% fib level - Inverted Head & Shoulders pattern • 4 hour- inverted bullish hammer with potential MACD crossover for...

TarbzFX

• Monthly- MACD bullish crossover • Weekly – MACD signalling bearish move as crossover approaching • Daily – broken out of rising trend with further bearish move due to last week fundamentals - MACD about to cross signalling bearish move • 4 Hour- will wait for retracement/pull back before taking position • Hourly- MACD signalling possible retracement/pullback...

TarbzFX

• Monthly- breakout from bullish trend • Weekly- MACD about to cross and bullish engulfing candle signal bullish bias this week • Daily- Trend has crossed over 21 MA and both MA about to cross • 4 hour- potential pull back in area of resistance will look for breakout before going long • Hourly – MACD signalling bearish move which could be just the pullback will...

TarbzFX

• Weekly- bearish engulfing candle which could see bearish week - Worth noting MA cross over in weekly • Daily- breakout from rising wedge however potentially see a potential ABCD pattern formation - MACD crossover signalling bearish move • 4 Hour- missed short opportunity due to NFP however looking to short pullback however be wary of both spinning tops so best...

TarbzFX

• Monthly- bullish movement towards resistance of channel & weekly resistance • Weekly- rising wedge & shooting star candle stick could signal bearish week • Daily – bearish engulfing 3 candles at resistance of rising wedge - Potential crossover in MACD signalling bearish move • 4 hour – trend has crossed 21 MA and there’s cross over in MACD • Hourly – pullback...

TarbzFX

- Trend has reached support levels within the channel in the daily - head & shoulders formation signaling bullish move -Moving average cross over in the 2hr

TarbzFX

-Although the pair has a long bias in the daily & weekly - Head & shoulders formation and area of resistance within the channel signal bearish move - potential move towards 61.80% fib retracement - Moving average looking to cross in the hourly

TarbzFX

-Long bias due to ascending channel -MA crossover in daily - fib retest on 38.20% suggesting long - wait for long breakout before taking the position

TarbzFX

- Potential Long position as trend breaks out of bearish trend -This is further confirmed by cross over in MACD -be wary of retest of support, so may be worth waiting for MA crossover before taking position - Positive forecasts for US economic data scheduled tomorrow (19th July) however be wary if forecast is inaccurate

TarbzFX

-Potential breakout from bearish trend - Crossover in 1hr & 4hr MACD confirm this breakout - Be wary of retest of the daily resistance which I will look out for before taking position - Be wary of economic data coming out of the US 19th July 2017

TarbzFX

• breakout from head & shoulders which suggests continued bearish move towards daily support • moving average crossover in 4hr timeframe • watch out for a potential retest

TarbzFX

- Potential Short position as trend retests the breakout trend line - will look to take the position once I get additional confirmation of bearish move through a moving average crossover and a bearish candlestick pattern in the 1Hr timeframe.

TarbzFX

- Trend breaks out of pennant formation and breaks past daily - the trend has now retested the new daily support which I believe will lead to a bullish movement towards new resistance - will look to take this position if the next couple candlesticks signal bullish movement in the 4Hr timeframe

TarbzFX

-Potential short position as trend breaks out and makes bearish move - Be wary of retest as trend could pull back towards weekly resistance - looking to take this position as MACD indicates downwards movement - Look for entry in 1Hr timeframe through Moving Average crossover or bearish candlestick pattern

TarbzFX

- Potential short as trend retests resistance and should make way towards area of support within the channel - Be wary of potential retest of blue area of support - wait for Moving average crossover or bearish candlestick pattern in the 4hr timeframe before taking the position