TechnicallyTrading

TechnicallyTrading

Is the Aussie still bearish? could we expect a new low. We have just bounced off monthly Support level. As the trend goes we are still bearish but higher time frame analysis and experience shows we may move into bullish trends.

TechnicallyTrading

Reversal signal with price action on minor resistance + 6.18 golden level. Still below the trend line, possible new lows coming!!

TechnicallyTrading

Just a punt, simplest analysis

TechnicallyTrading

Simple analysis, still in a bearish trend, counter trend line break, retracement to 50% fib + mijor daily resistance at £50.47 + ctl retest + 50 ema resistance + tweezer tops price action led us into the C leg of the fib. Expecting £42.46 then possibly new lows at $40 a barrel. We haven't seen price this low since the end of the 2008 market crash!!

TechnicallyTrading

EJ may have just put in a 3rd touch on the weekly decending trend line. The month of June EJ retraced to the 61.8% fib, will it hold? Last week produced a hammer bar and this week may end as a bearish engulfing with a possible CTL break. Could we see the lows of 126.000 and further down to 119.540?

TechnicallyTrading

Gold has retested resistance, together with a retracement to the 6.18% level and also a 3rd bounce on the decending trend line. Friday 21st left a shooting star candle. The next few days we could see the continuation pattern.

TechnicallyTrading

Short term bearish bias. watch key levels and reversals with price action.

TechnicallyTrading

EURJPY range breakout bearish bias down to 134.350 as first targets then violation of that suppot level should lead this pair down to 133.50 level.

TechnicallyTrading

Break of the blue CTL should see the dollar yen back up to 126.00. Weekly hammer bar, 62.8% retracement and major support held.

TechnicallyTrading

A second week tried to break support of 1.1000 but failed. Bullish with targets of 1.1400. Beak of resistance could see the Euro up at 1.1800

TechnicallyTrading

Possible short as it looks like a breakout re-test continue. Failed to close above resistance of1.14000. We could see the EUR roll back down to April lows of 1.0600. If we break the green CTL ine then we may see a 4th push back up to resistance.

TechnicallyTrading

While keeping the chart info to a minimum, the 7600 support was held since March but has now been broken. Range Targets also tie in with previous key levels from 2006 and 2009! 71400 bound I think for this pair for ow.

TechnicallyTrading

A new higher high from the range break out. Range target placed and stop below previous low on 1 hour chart. Daily resistance at 50% retracement zone of 0.78900 so watch price action here.

TechnicallyTrading

A close below 1.21700 should hopefully see price back down at May lows of 1.19400. Violation of this support level could see price continue down to December highs at 1.15800.

TechnicallyTrading

Waiting for the day to close so entry may be on Monday, reversal signal off resistance and continued lower lows. Target zones in confluence with previous support levels. ABCD PATTERN IN PLAY, COMPLETION AWAITS.