alicanuz

alicanuz Updated 

As mentioned in my related ideas, I expect AUD/USD to fall to the 0.73 area and a possible breach of that level should lead us directly to the 0.72500 area which can act as a low support of the month. The fibonacci 0.618 level has been respected once, possibly twice this week, and the target of 0.73 and 0.7250 seems very possible also taking into consideration the...

alicanuz Updated 

After the 1.2420 area acted as suppport and swing low at the month start we had a nice bullish move all the way to the 1.26 area which acted as resistance once again. After the 0.618 Fibonacci level of 1.2480 has been tested price never fell back under this area and the bullish trend line which has been tested already 3 times has really came close to price which...

alicanuz

The break of the head and shoulders neckline and retest has been completed. I expect a bearish move in the coming weeks all the way to 1.10 on EUR/USD. The road is long in terms of time, trade at your own risk.

alicanuz Updated 

EURO has been in a falling wedge and the break and retest has been made. After FOMC tomorrow expect big bullish move, take profit in the 1.19-1.1950 area.

alicanuz Updated 

The bullish move of EURO may continue as there is a new bullish channel starting to shape up and it cant be passed. The take profit will be the 1.20 resistance zone.

alicanuz Updated 

As price came to a minor resistance zone sellers came in strong and pushed the price down. The retracement move might be over and I would recommend selling with the target at the next major support zone which is 1.35.

alicanuz Updated 

Gold prices have made a big fall and after that, we saw the prices retrace back strong but couldn't get past the bullish trendline and the trendline acted as resistance again like in the past. I believe price has retraced to the 0.5 fibo retracement level and now will continue eighter to the -0.27 or -0.618 level and these levels can be our take profit.

alicanuz Updated 

Price has tried to break 1.4150 3 times and failed and on the 15-minute timeframe there is a moving average crossover which indicates that sellers are starting to gain the advantage, I expect the price to fall to 1.4000 which is a psychological level and if the price breaks the blue trendline it might continue to 1.3850-1.39 level.

alicanuz Updated 

The retest of the bullish trendline is completed and know the price is pushing down. Price has retraced a little bit from the minor support zone but I expect the bearish move to continue until the major support area which is the 0,76 zone where you should take profit.

alicanuz Updated 

1.2080 was the resistance of both the bullish and possibly bearish trendline. On the daily chart it was meaningful to have a shooting star candlestick right at this day. If we have a close below or near 1.20 today I assume the bullish trendline will be re-tested and 1.18-19 price can be a take profit.

alicanuz Updated 

Gold has touched a critical support zone (1800) and now looks like it is going to push up. The bullish trend line and fibo retracement level 0.5 must be take profit at the first glance.

alicanuz Updated 

Pound has retraced to almost 0.786 level that is in the support zone and now can push back up to its target which is around 1.37500 zone. The -0.27 extension can also be the take profit level.

alicanuz Updated 

The long bullish trend line has been broken but not yet re-tested. A long position can be opened with 0.78 being the primary target but the retracement levels have to be kept in mind if there are buyers strong on those prices trade must be closed.

alicanuz Updated 

An attempt to break the bullish channel unsuccessful, time to buy with a target at the next major resistance area (1.78).

alicanuz

GBP staying strong against USD now will push forward for the minor resistance area. Target is 1.37500.

alicanuz

Gold had a crazy end day, the bullish trendline has been broken, and actually, if you follow in the chart the 8 EMA has been tested several times and couldn't be passed so that was a signal the sellers were powerful. Now we are back in the bearish channel and the buyers came in from the trend line and the bearish line acted as support. I expect the prices to move...

alicanuz Updated 

As the price reaches the bullish trendline sellers start to push which is a sign that this trendline can act as resistance again. Keeping the stop loss close, 1.35 the major support area can be the target for taking profit unless a break of structure.

alicanuz Updated 

Prices come to retest the major support (1.2250) area and also the bullish trend line is retested and the price bounces off the area and trendline together, we can also see the trendline is passing the resistance area possibility is there can be a long run towards 1.25 the next major resistance area and that may be our next take profit target.