fxjoe_

fxjoe_

Expecting GOLD to reach back to 1550 within the next few weeks or months. Still looking for targets up at 1780 in the next year or so. I'm not long yet, but I'll be looking to find a position in the coming days/weeks to be buying the metal.

fxjoe_

Currently short on EUR/CAD following the long term Daily down trend - Analysis as shown on the chart. Very simple setup - Price is retesting 50/61.8% which lines up nicely with resistance and the 200 EMA acting as a dynamic resistance

fxjoe_

Loving this trend in AUD/JPY both on the Daily & Weekly. Currently, we've seen the weekly pullback to a dynamic resistance (moving averages) where it's then proceeded to print a Doji rejection bar right on the 50% Fib level with a follow-through of last weeks bearish close. On top of that, we've seen the stochastic come to an overbought level on the weekly and...

fxjoe_

Proving to look like a nice trade. We've seen price close above the Daily 200 EMA and slowly form an ascending triangle which is usually a bullish move in the market. Currently waiting for a Daily candle to close above the triangle resistance to look for a long position

fxjoe_

Really liking the AUD/CAD to the downside next week. Looking for a break lower from the weekly inside bar (Chart explains all my analysis)

fxjoe_

The trend is down, the moving averages are down, price is at resistance & the daily looks like it's going to make a nice rejection candle. What's this mean? Downtrend! And that's exactly what we're looking to play. NZD/JPY has been in a downtrend for some time now and continuing to play it to the downside seems pretty smart. Where do we enter? Well, we want to see...

fxjoe_

Need I say more? This is a very simple set up. The trend has been down for some time now, price has pulled back to a resistance level trying to blow through before the market closed last week only to fail and put a nice wick to the upside showing a failed breakout. Further downside is expected on this pair.

fxjoe_

I really like this one on a technical side. With the EUR coming down all year the favour is to keep playing the trend to the downside. With price pulling back towards a resistance trend line and also pulling back 50-61.8 % before the daily closed as a nice rejection, I think we could see further downside. I'm not short yet especially with NFP tonight however see...

fxjoe_

Pretty self explanatory trade. We've been in a long term down trend for awhile now and recently broke the support level and closed below it on the daily chart. At this stage I'm just waiting for a pullback and some signs of entry to get short on this. I'll be looking for a long term trade on this heading towards 29.77820 level

fxjoe_

Recently we've seen AUD/NZD gain a nice bull trend from its lows at 1.03549 with a 300+ pip move to the upside. Currently price is testing the 1.06950 zone with a triple top in play. Al-thought on the lower time-frames we've had a nice bullish trend, I'm still playing this trend on the short side based on the weekly trend being under the 200 EMA at this very...

fxjoe_

This pair has much better market structure than the GPB/AUD in my opinion. If i'm going to take one of them, it's this one... We can see the pair has had a nice rally to the top of the trend line now putting in a new re-test of the descending trendline. I'll be looking for short trades early in the week on this market. What tops this off is NZD is now hitting...

fxjoe_

Looking at the GBP/AUD on the higher time frames such as Daily 2D and 3D chart, we can see it's been in a range between the two marked out support and resistance zones and we've recently closed and rejected at 50/61.8 % Fib level. I'll be watching this on the daily chart for price to break lower from the minor support it's currently in (seen better on 4HR chart)...

fxjoe_

I've still got my eyes set on buying Gold when I see the right opportunity to do so. At the moment I don't have any open positions on the metal however I do have a long bias back to 1600 level. Price is in a nice uptrend and we've fallen back down to our buy zone. I'll be watching this over the next few hours to see how we react within this zone.

fxjoe_

With price holding its steady uptrend all year I'd still be looking to go long on this pair. At the moment we can see the 4HR had a nice run up on Aug 14 with price going from 8.87136 all the way to 9.03077 where we saw selling pressure come back into the market for a pull back for us to get a possible long position. Pulling the the Fib tool from Aug 14 price at...

fxjoe_

At this stage the GBP/USD has had a reaction off of a big support level. However, I don't believe the down-trend is over just yet although we are in a major support level. As many know, it usually takes time before a trend ends for a new one to start and if bulls are wanting to come back into the market sellers will still be wanting to gain control and push price...