Good Morning traders. AUDUSD currently is consolidating in a 23.6% continuation fib retracement. This means that price currently has a majority buyers, 76.4%, and could still push up to the next Fib Extension. However, price has hit resistance a few times so its possible it could hit structure and fall as well. Will remain patient and enter pair once Lower Time...
UJ 4 Hour Chart = $$$$$$$$$$$$ UJ ranged this week, a battle between Supply & Demand of both currencies, at a range of about 100 - 105 pips. New week and last weekly candle of the month for UJ this week and I'm pushing in the direction that we will get final confirmations on whether Seller or Buyers will take control of this pair, don't count out either.. It...
UJ made a slingshot pullback to the 38.2 reversal line earlier and is showing great signs of rejection. 1 hour MA's about to cross and big sellers candle past structure / Fibs are showing sellers taking control. More pullback could occur because UJ is ranging but staying PATIENT with this pair. Projected Target will be 0 (structure) and the -27. Will update on...
The pair that that is always fair! UJ weekly showing multiple confluences for rejection zone at around 109 level. If Sunday DAILY closes bullish engulfing we could definitely see lift off of this pair. But downtrend is still currently valid on higher Time Frames so be careful in swinging in any direction. My bias is just visuals of momentum switch on lower Time...
With UJ finishing out the week bearish and all trade Take Profit hit at 109.05, I took a fresh look at this pair from the monthly down. Monthly: Showing signs of bearish engulfing candles and MA's crossing over which indicates structure break. Weekly: Bearish engulfing broke structure and made a retrace wick up to a MAJOR weekly level @ 111.000. Be observant of...
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite....
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite....
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite....
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite....
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite....
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite....
** Take analysis at own risk. Never use traders analysis and use as your own; use others analysis as extra confirmations on top of your own trading. ** Update from Dollar NFP news. Bias still bearish for the Dollar vs Jappy, lower highs were never broken. We have about 210 pips to play with from current Lower High Structure down to a Monthly Support Level. If...
Had the Dollar vs the Jappy push past a strong support @ 110.400 but after the push seller momentum slowed down with buyer momentum picking up. Higher highs forming on lower time frames before recent structure break. (blue ray) Pullback zone is at Daily structure and is already on its way there. Will update once I see Bears re-enter market.
Had the Dollar vs the Jappy at strong support and making higher highs on lower Time Frames. Pullback zone is at Daily structure and is already on its way there. Will update once I see Bears re-enter market and Entry.