WRJ_FX

WRJ_FX

The euro was heavily fundamentally affected in recent weeks by war conflict, and USD remained the safe haven against the currency, bringing price back under 1.10. Last week saw some corrective behaviour back to the upside on the lower time frames, breaking certain points of internal structure and then breaching swing points and hourly supply zones. Interesting...

WRJ_FX

My previous post uploaded in portrait and cut out the whole post. Re posting the full chart. See the previous post description for my view.

WRJ_FX

The dollar has truly shown its legs on this pair as of this year, currently floating at yearly highs. As fundamental factors loomed and swayed the opinions of many retail investors and institutions in the last month or two when investors are looking towards safe haven pairs the dollar was clearly favoured over the Yen, for example. Now, the majority see dollar...

WRJ_FX

An update to last week’s GJ setup played out beautifully! Anticipated the pull back before 155. +300 pips, baby!

WRJ_FX

Potential long bias setup after confirmation on EURCAD

WRJ_FX

GBPJPY still continues to defy resistance levels with a continuous bullish push, however last week saw price struggle to break the weekly 153.100 zone. Could we see a potential pullback to around 151.500-800 before a continuation? I believe so. BOJ are to release the next interest rate decision on the 27th April, I doubt there will be much change to the last...

WRJ_FX

USDCHF has been pumping nicely over the last few weeks since historic lows were touched back in january. Prior to the bullish run we can identify a clear bearish channel continuation pattern that drove price down to these key level lows. Price action shows a potential breakout of the upside of the channel (*200 pips) however momentum suggests an un-organic...

WRJ_FX

GOLDUSD Daily chart

WRJ_FX

2020's bullish run into 2021 has most defintely surprised us all, but is it time for a potential reversal once we've exhausted the 150. level? - I'm personally bearish once liquidity has been snatched between 150-150,500 where retail stops will be on last week's short sellers. -A very interesting week or two coming for this pair I feel, has the mood changed?...

WRJ_FX

GBPCAD has for a while now found itself stuck within a range between lows of 1.676 and highs of 1.777, with sterling seeing storming strength over the majority of pairs this last month, we are now re-approaching the 1.777 level of resistance. I'm personally anticipating short opportunities from the daily key level around 1.777 - 1.782. A rising wedge pattern has...