ifxguru

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Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 28% | 2 GBPCAD 14% | 1 EURAUD 14% | 1 GBPJPY 14% | 1
ifxguru ifxguru GBPJPY, D, Short ,
GBPJPY: GJ: Ready for a fall, watch out below!
27 1 1
GBPJPY, D Short
GJ: Ready for a fall, watch out below!

Death cross, potential AB=CD, and what looks like a violent move down are on chart... Need I say more? I opened a short recently, at around 177.75 and I'll scale in on a retracement that should occur in a day or two. Target is the AB=CD completion or 1.618 extension.

ifxguru ifxguru EURGBP, D, Long ,
EURGBP: Long the EURGBP correction
35 1 0
EURGBP, D Long
Long the EURGBP correction

Analysis in the chart...simple enough. Buy a break above that last high. Cheers!

ifxguru ifxguru EURUSD, D, Long ,
EURUSD: Long EURUSD after bullish confirmation
97 5 0
EURUSD, D Long
Long EURUSD after bullish confirmation

The bearish target got invalidated for the time being. Two possible scenarios, most likely is the one where we retest 1.1. Good luck!

ifxguru ifxguru USDJPY, 60, Short ,
USDJPY: Short USDJPY
68 3 0
USDJPY, 60 Short
Short USDJPY

Target is the horizontal support line. It can also stop at 119.295. Good luck!

ifxguru ifxguru EURAUD, D, Short ,
EURAUD: Short EURAUD at top trendline
61 5 0
EURAUD, D Short
Short EURAUD at top trendline

There's a potential falling wedge developing here. I suggest going short if price travels under the highest low. If it overshoots the trendline, then I'd be skeptical. Watch it during the coming days.

ifxguru ifxguru EURUSD, 240, Short ,
EURUSD: EURUSD and EURJPY: Short correction
112 6 0
EURUSD, 240 Short
EURUSD and EURJPY: Short correction

As the title says, I'd reccomend shorting the retracement. Stop and take profit are up to each individual trader. Good luck!

ifxguru ifxguru GBPCAD, 60, Short ,
GBPCAD: GBPCAD and USDCAD: Short, then long
135 4 1
GBPCAD, 60 Short
GBPCAD and USDCAD: Short, then long

Stop loss and take profit levels are up to the trader in the end but this is my interpretation of price action. I'd reccomend selling and covering around the level the arrow shows, to then long from there. Good luck! IFXGuru

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