As the Pound continues to build strength as it crushes past resistances, we look to 1.31550 as target for our swing long.
Maybe the Pound will recover, at least a bit? A push to 1.31500 can be possible given we get a bullish closure above 1.28100.
We shorted once, let us short again. Valid entry is after BTC comes back up to REJECT the trend-line. Enjoy.
A nice swing short has presented itself for GBPCAD. This is right in time for CAD employment data tomorrow. A valid entry would be a candle closure below 1.65200.
A nice intraday long for USDJPY has presented itself on the charts. 2.17 risk to reward ratio is ideal, and entry is now.
A nice short has appeared on USDTRY as the pair has come back within its descending channel. Price is expected to go lower, NFP release my be the catalyst for the move down.
A nice setup has been spotted on USDCHF as it has come off the top trend-line of our ascending channel. Price has closed below 0.99350 (hourly resistance) and is inclined to go lower.
A nice close back within our trend-line which we are currently retesting. If we can get a rejection, we may see a move down to 1.84000.
A simple GBPCAD swing short has come to us, as the pair has broke through support at 1.63300.The pair has come from rejection at a resistance zone at 1.65500.If the analysis holds over the weekend, we will enter this trade on Monday.
A potential mega swing trade is on the table for us, as GBPAUD reacts from a critical resistance at 1.84600. We do need a closure below 1.83400 to confirm this swing trade.
We have a descending channel on the daily time frame, with a break below hourly support at 1.09950 and lackluster Euro PMI to give us a short bias on this pair.
We need a bearish closure below this level to confirm an overall trend reversal, and thus a possible range fill to 1.74207 is possible.
Here is another setup that covered in today's live session, there is a strong possibility of the precious metal making a push to 1519. To reach 1518, we would first need to breach
Pretty simple setup off our resistance zone. Printing shooting stars along with a close back within our range.
This setup was discussed in our daily live session. We got a nice break - retest - rejection at 1504. Let us hope that Trump does not tweet anything too wild while we hold this trade.
Our earlier #EURUSD short was successful, and we have another opportunity. We have the ECB cut rates, the US Dollar have some beneficial CPI and Retail Sales data. The technical analysis is indicating a short, as we have printed a shooting star off the third touch on the top trendline of our descending channel.
A nice short opportunity has appeared for CADCHF. We had a live analysis of this pair on our daily live session today. A nice inverted hammer off the top of a bearish pennant. The setup also has a nice R:R. We need a closure outside of the hourly trendline to confirm the short.
On EURUSD we have a descending channel on the daily time frame, as well as the hourly. Euro bulls have stalled a bit, and so we were able to draw a counter trend-line. We need a break of this CTL and a close below 1.10280 to confirm our possible shorts lower.