Lets look at how price is moving, price hasn't powered away from the previous structure, its very corrective it has just trickled to the upside, I think we're going to get a deeper retracement back into previous daily demand area around the 91 level to push to the upside.
The daily is so over extended, looking left we have a couple of structures with some order block action, if we get a push up slightly higher into the 110 level id be really interested to pay the short.
Evening traders, little bearish push today, looking for further downside movement following an hourly break of structure today with the daily now decelerating nicely.
I was initially looking for price to push slightly higher up into the 1.3 level which it just missed by a couple of pips, but couple of things to be aware of, we have not yet had a 4 hourly break of...
Good evening traders, had a great week last week, and heading straight into the new one with some set ups I'm looking to play.
DXY following on from a new daily higher high beginning of last week, looking to play the continuation to the upside, following a retracement into our key fib levels, looking at 91 for a reversal to take it higher.
Always good to analyse...
Evening traders, GN definitely a one to watch, looking for signs of bears stepping into the market, we have broken the downward trend line but I don't think there's any real commitment there and we have began to form ascending price action so looking for a potential third touch of the rising channel or a break of lower time frame structure for a move to the downside.
Morning traders, the US Dollar showing its hand over the past week, with some serious strength, looking slightly over extended now, would love to see a retracement and a continuation to the upside.
We have a clear higher high and just looking for the next higher low to get involved in some trades, with a key area of daily demand which could see price come back...
Morning traders, something on the cards this week, now we are right in an area of confluence to go long, looking for that lower time frame change in structure and impulsive push to the upside.
However something to be aware of looking at the whole picture, if you jump onto the weekly price this is now in a bearish trend, forming lower highs and lower lows, and if...
Evening traders, few set ups this week, but just waiting for the markets to show us some commitment for the week, last Friday we had some mad daily candles printed, so just letting price settle for now.
But liking the look of GBPCHF Shorts, just looking for a structure shift on lower time frames
Morning traders, Gold Gold Gold, I'm definitely interested in Longs as I think we're just in a large corrective phase, but I'm looking for an indication that we have a change in bias and we're about to see the next bullish push, I think its very possible we come down further and get a third touch of the bigger descending channel, but also this level is definitely...
Morning traders, looking for Dollar strength today, lets not jump in to anything too quick, as it is Friday and its been a good week.
Lets wait and see how this develops, looking for a clean reaction off a fib level and break of 50ema to take it to the upside.
Evening traders, fairly quiet week, letting price develop a little and show its hand.
Following an impulsive move to the upside, looking for a small correction and a further move to the upside.
Potential head and shoulders, looking for long opportunities.
I'm personally long on USDJPY from last week, so I'm looking for further upside movement, looking for lower time frames scale in opportunities, JPY Basket looking very weak as well.
Daily time frame is now in a bullish trend following a higher high and higher low printed, so looking for the next impulsive move to the upside, so definitely a pair to watch.
Morning traders, another pair on the list for this week following a new daily high high formed, looking for a retracement into the Fibonacci levels and a continuation to the upside.
Lets wait and see how this develops.
Morning traders, looks like we're looking at continued Euro strength this week, after breaking out of the bull flag and continuing to the upside, so looking for reasons to get involved with long opportunities.
Lets have another strong week.
Morning traders, a one of the watch list for today, looking for longs on USDCHF after printing a new higher high following an inverse head and shoulders.
Waiting to see how price reacts at the neckline and 0.618 fib, lets wait for confirmation for a move to the upside.
Evening traders, a lot of options this week with some good set ups coming into play.
I think we're in for further downward movement for the DXY this week and so EU bullish momentum.
Lets wait to see how the market opens tonight and how we develop going into a new week.
Evening traders, looking at EURGBP Longs.
I want to see a 4 hourly higher high and a break of the 50ma to indicate the change in trend, and I will then be looking at long opportunities at the following higher low.
Hope we are all having a good week, lets wait and see how this develops.