WealthCreationFX

WealthCreationFX

This pair is trading in a bullish trend. Continuation from 18.8 all the way to 19.5 and possibly beyond.

WealthCreationFX

AUDUSD is trading in a bearish channel, price will drop to the trendline and beyond this week.

WealthCreationFX

Firstly, on Monday we blinked, then Gold prices soared to 2100, and immediately dumped to 2030. Gold is in an area where it would favour sells because of the demand zone, however, let’s not ignore last week’s strong bullish performance. Could this be a breakout to the upside? 2020.00-2029.00 seem to be holding steady. Price will be very volatile tomorrow in...

WealthCreationFX

USDJPY is turning around after a long push towards the upside. Price is already in a bearish trend from last week. Continuation from here

WealthCreationFX

The overall weekly structure of GBPJPY is a Double Bottom which is near the neckline. We anticipate a break on that neckline before the end of the month. NB: GBP GDP statistics release at 09:00 CAT.

WealthCreationFX

USDZAR is very bearish. The pair has been falling for the past weeks now. It's time to continue down.

WealthCreationFX

I see a lot of analysis on GBPJPY and most are bearish. However, lets keep in mind the overall structure. The GBPJPY structure is bearish, and it will crash soon. But for now, the chart is giving off bullish signals up to 190 at least.

WealthCreationFX

Would like to see USDJPY drop from this resistance. Price usually reacts violently in these areas, keep eyes open for strong movement possibly to the upside but most likely down.

WealthCreationFX

AUDUSD has been free falling for quite some time now. Price may rise from strong support with what seems like a double bottom. Positive economical data from China will boost struggling AUD.

WealthCreationFX

This is what USDCAD looks like ahead of CPI release 2:30 SAST. I would like to see price hike from here considering DXY strength this week and likely positive data.

WealthCreationFX

USDZAR price drops sweetly to newly established support at 18.85 early this week 11-15 September. Price recently broke out a bullish channel and this looks to me like a retest. Now would be a good time to buy and exploit the possible weekly and monthly pullback.

WealthCreationFX

USDZAR saw a strong surge of bearish movement this past week, which almost had me thinking price would crash to 17 points. Let us keep in mind that the overall trend for this pair is bullish. Here we observe that price is rejecting local support 18.4. H4 structure is not clear at the moment but from my experience, I predict a bullish flag which will break out...

WealthCreationFX

AUDNZD flirting with crucial support. Bearish movement is weak, we anticipate bullish movement from here. Inverse h&s confirming bullish movement.

WealthCreationFX

New Strategy. Previous day lows broken and price retested 50% fib. This is a bearish signal. Sell overbought GBPCAD to nearest support 1.71000.

WealthCreationFX

Sell USDCAD now at resistance 1.33800 to support at 1.31000. Double top on resistance of main structure bearish flag.

WealthCreationFX

FX:CADJPY Technical Analysis. CADJPY trading just below 50% Fib Zone of current structure which looks like a formation of double bottom (W). Technically, price should retest 50% Fib Zone then drop just below 0%. From here, we can anticipate a bullish retracement to the upside beyond 110.00.

WealthCreationFX

Price trading on resistance of a bearish flag and double top. Anticipating long awaited bearish movement from here.

WealthCreationFX

EURGBP retesting what seems to be the neckline of a double bottom. Bullish flag on H1 indicative of possibe bullish momentum.