chic

chic Updated 

After the 24-bars (1 day) drop of over 400 pips, GBPAUD is consolidating in a flag pattern. I expect a break lower since AUD is currently favored over GBP, fundamentally.

chic

Since Monday, price has been hovering at just above the 1.0600 decision area for roughly 9 bars now (good chance something is about to be decided). Buying potential: If the pair rises past the 1.0700 void to the 1.0730 area, we may have little resistance further up. If selling, the key area is 1.0440.

chic Updated 

Based on volumes for the 4-hour chart, sellers are mostly looking at 1.044 while buyers are eying 1.059 . I won't be entering any trades until I see live price action starting January 3. Still, as long as 1.06 holds, EURUSD is subject to gravity.

chic

Fellow traders, if price hits the volume void at around 1.2085 , it'll likely rise to the decision area around 1.2155 before taking a dip or moving on up. There are more ' buyers ' than there are ' sellers ' at these levels, but more sell pressure at around 1.2300 . I am currently not in any trade before the inauguration, just watching for now. All the best!

chic Updated 

My thoughts for after New Year's Day. Dragon rising. It would be nice to long this pair for a bit. Buy order @144.70. First target 145.50, second target at 146.26. Stoploss 143.43.

chic

More 'Buys' are dominating the GBPJPY up until around 146.83 . With the sudden bounce at a heavy-volume level at 143.94 , it's worth watching for further price development before jumping into a trade. I've highlighted key volume levels to watch while studying price action.

chic

The 61.8% fibonacci retracement line holds, suggesting further upward wiggles.

chic

There's room for the Aussie to grow against the Kiwi. Levels here are approximate, watch the 1.04 areas for retracement before heading up to 1.05 .

chic

Nice upwards signal via Ichimoku Cloud. N wave going up, time frame just about right. Riskier traders may enter long now. I'm going to wait until the price rises above the dark cloud for a full confirmation. Moderate target at around 148.00 .

chic

Currently open position. Buy at 1.0219, Take Profit 1.03600, Stop 1.0175 My indicators: Ichimoku Kinko Hyo & Fibonacci for levels

chic

Entered at 0.7231, Target: 0.7190, Stop Loss: 0.7250

chic

Volume at the critical 1.045 level is increasing. It should be noted that there are more Buyers at this level than there are Sellers. Clear break down seems inevitable.

chic

Last we caught up with AUD & USD, they endured another long downward spiral mid-December, just after disagreements over the November 8 election results. AUD seem to have forgiven USD somewhat, during the holidays where both had ups and downs throughout the week. But now that New Year has passed, our lovely couple seem to be indecisive. AUD dangerously close to...