Since hitting resistance at 1.86 GJ has been making a series of Daily LH's and I expect this to continue, sell area between 184, and 185, short term target 1.75 - 1.73
chf has been strongest currency however I'm expecting a pullback towards the 1.54 area. Price has travelled 2500pips from the current year low which is usually the yearly price range
I am expecting a rejection from this level for a short term sell sell area 179280 - 179680 tp1 178.650 178.300
nzdchf is still bearish but approaching a buying level and could see a push up towards 0.54 and beyond
I think gbpaud will continue pushing down, targets 1.88-186 final 180-178 ideal entry point at 193500-195500 w stop above the daily swing high at 1.98800
eurcad is making the right stop points for a bearish continuation, the high put in this month could be the high for a bearish leg to 1.40 area. targets 146.300 prev year high 1.45800 1.45000 year open 1.43500 1.40000 the catalyst could be the us cpi so watch price action around then
looking for price to reverse from the 5500 54800 area for a good RR
coming into daily support m expecting some form of a correction or weakness on chf and 1st target at 289 level then 0.57
price imo seems to be in the ovearall bearish trend and has been retracing so looking for this to retest the yearly lows
with BOJ intervening and a sharp sell off, im lookin for a full bearish engulfing next month on chf jpy with a minimal top wick. Price i'm watching is between 1.48300 - 1.49500.
SNB news tomorrow and it looks like we may extend further down. Bad points to this trade are: Price range for the month is extended sitting at approx 320 pips, im looking for a further 100-130 pips and with news this is perfectly possible. Hovering around the 2022 open price, BUT there was a feeble reaction, normally price rallies off a key open price.
price taken a week to draw back to the 1.44 level and lookin for a sell from the 144.370 area
Dollar showing signs of weakness, so aud should benefit the most and price to continue its bearish descent towards the 0.62 level
I'm seeing AJ to make another leg down, and the highlighted area as the rejection range. Ideally looking for rejection around the 94.500-800 area. Initial target would be the current month low
ideally want to see price rally into the 270 area and then breakdown lower for the rest of the week
EA is reacting off a bearish channel top and squeezing into a triangle, i'm looking for a break upwards and expecting to hold the 1.46/145 500 area and rise upwards to initiate longs
7months of red candles with the body narrowing, so my bias for next month is bullish and target is towards 1.60. 4th aug major news out of BOE
silver has moved 10% off the low similar to the rally in May. looking for a high to be made for a drop towards 0.19