barikjan

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Markets Allocation
100 % forex
Top Mentioned Symbols
NZDUSD 25% | 1 GBPJPY 25% | 1 AUDNZD 25% | 1 EURUSD 25% | 1
barikjan barikjan GBPJPY, D,
GBPJPY: Fifth impulse wave to the downside
37 0 6
GBPJPY, D
Fifth impulse wave to the downside

GBPJPY might go down from this point and previous upward move was rather 4th corrective wave. Stochastic, Cloud and Bollinger Bands are also supporting my idea. Tell me what you think of that? It might get into the Cloud and bounce from there though

barikjan barikjan EURUSD, W,
EURUSD: Buy EURUSD
58 0 7
EURUSD, W
Buy EURUSD

Price is expected to bounce from the support. Considering current geopolitical tensions and weakness of dollar that may bring some good profits.

barikjan barikjan AUDNZD, D,
AUDNZD: Correction from 38.2 Fib level and BBs.
28 0 5
AUDNZD, D
Correction from 38.2 Fib level and BBs.

Despite of the wish of RBNZ to keep their rates at dowish note, we could expect a corrective move on this pair before it proceeds its bullish trend.

barikjan barikjan NZDUSD, D,
NZDUSD: NZDUSD to retrace from 0.70
29 0 0
NZDUSD, D
NZDUSD to retrace from 0.70

Pair is under big question, since now it’s touching importance support line which held since January. However, as we know USD is getting more and more momentum.Most probably, scenario would be as follows. Price will break the channel line and bounce from support level on 0.70 psychological level, which also has strong support and matches with 100MA.

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