I've inverted EURGBP0.84% and EURAUD to illustrate more clearly, when shown alongside JPN225 and CADJPY0.75% , my belief that despite the apparent weakness of the USDollar-0.41% , USDJPY may still have some upside to come, which could take the price up to and beyond my initial TP of 120.492... I also see EURGBP0.84% falling, thus reinforcing my view. For...
TP1 at 1.32500 TP2 at 13325 TP3 at 133497
We will perhaps see some form of retracement, but I will be looking to jump onto this short as and when the PA permits. BTW, Lets not get over emotional about ''2 triangles on achart'' ;0)
TIME FOR EURJPY TO RESUME ITS DROP :)
Choppy Short Side Bias, Then Long From Within ''Area Marked As C"
USD May Well Have Found Temporary But Viable Support Via 50% retracement level, at 11897, combined with dynamic support level at 11896.
I'm gonna be keeping a close eye on AUDUSD price action over the next few sessions, and would personally like to see a low at D get hit, so I can enter with a couple of medium term longs at or around 0.71656, assuming price can reach this level. However, the picture can and will change if price manages to break through and hold above the dashed line. BTW, all I...
USDJPY DAILY : Looks like a retracement bounce up off the 1 year old trend line may already have begun.... Price contact with TL also coincides with a previous dynamic support level at 121.804. 618 fib lies at 122.944, with previous support / resistance levels nearby at 123.314 & 13.125...... This could be the target level range for said retracement. See also...
EURUSD : TP1 Profits to be served on a plate, at 1.1337
A Break and hold above 138.856 resistance, and a last seen in July 2015, should see EURJPY lifted towards 1.618 Fib at TP 1 139.64
Long AUDUSD at 0.73516 TP1 at .75009
AUDCAD : Long to TP 1 at Trend Line ;0)
Huuuuge bullish engulfing candle on H1 GOLD, (engulfs all previous 14 hrs) London about to open...... time to short and smack down Dont you Just love NFP Days Hehehehe ;0)
Updated chart at 00:50 BST
'Rough' layout of potential scalping chart, but lets see how Asia takes shape
Diamond Formation With Integral Bearish Pennant Diamond Formation With Integral Bearish PennantDiamond Formation With Integral Bearish PennantDiamond Formation With Integral Bearish Pennant
AUDUSD Head & Shoulders On Weekly Chart
I see short then long on AUDUSD : see chart for details