Good Morning traders.
Also on my Watchlist for the week is GBPUSD.
The actual bullish momentum come from the 61-71 Fib Zone which could be a nice Retracement-Point for a new Bullish leg if we can break the Counter-TL.
I am rather long on this pair as i would love to see a new bullish leg up from the 1.23500$ zone. Maybe we also see another test of the price...
Good morning traders.
That are my actual thoughts on USDCAD .
Overall market situation is a Bearish.
Overall direction is Bearish.
We made a retracement push into the "Golden ratio" Fib range.
On the lower - TF we are making new lower highs.
We broke and retested a Counter-Tl on the lower TF.
I will look for a last little push into the Price of...
Good morning traders.
That are my actual thoughts on USDCHF.
Overall market situation is a Bearish bias with clean lows and highs formed.
Market made its Retracement into our "golden Ratio" Fib zone.
Lower - TF Bullish structure shifted to bearish structure after break of the 4H counter-TL
The 8 EMA also give us confluence.
I will look for a...
Ive entered USDCAD Longtrades this morning at around 1.35400.
We retested the friday lows, now i expect that momentum comes in to push us up.
this works in correlation with the DOLLAR INDEX which now looks great or dollar Strenght.
No advise, just educational purpose.
Good Evening Wzr. ahh...People!
After the Setup from today morning failed and we retested the Friday High's on EURUSD i think we will get the best entry now possible.
Market retested the High which is also between the 61.8% and the 71.5% FIB REGION which i really prefer.
Stops are 15 Pips above the 72% fib level.
Risk reward 1:3
Thanks for reading.
Good morning traders,
Today i release an analysis of the EURGBP.
After rejecting clean from a Region of daily Resistance which is also the 0.90000$ Keylevel,
we now see some Bearish momentum.
on the lower timeframes (h4.h2,h1) we rebroke the descending trendline and now still trading below.
I think it should fall into the Base Region of 0.88750$ if we get...
Good morning people,
the Euro has shown a clean rejection from the 1.14000$ level last week and is now heading further down.
The lower timeframes (h4.h2,h1) working in line with a clear descending trendline .
I think it should fall into the Region of 1.11500$ firstly with the next target at around 1.10000$
Lets see how this play out.