I am still expecting for down retracement to 305/10 area to give nice bull swing. But nice break at 340 bulls retracement will confirm for more bullish.
$SBUX is bearish for first target to close the gap of daily chart. Resistant is also nice for short term reason for Bearish Strategy.
$AMZN is expected to go for bulls. New AMZN "FIRE" 3D mobile phones should be successor for the bulls trend. but, before the bulls run, after tested $340 resistant,I like to see Support testing no much deeper then $310 area within few days.
$GBPUSD likely move for more bullish on weekly outlook. Daily chart shall give us opportunity to ride the Bulls, when USDINDEX may testing the weekly support area. Price is driven into important line of Resistant and Support for USD Index, EURUSD, GBPUSD & AUDUSD. I am expecting S&P keep higher in short time and fade for corrections. this will give use momentum...
$AMZN has bulls but retracement is expected before strong bulls.
$GBPUSD just tested the High of Aug 2009, the interest rate will fully drive the move of the pair. But at the mean time, technically, 1.6900/20 area will be the first expected support before any strong move, wither Bulls or Bears.
$GBPUSD is near the Weekly Resistant August 2009 High. Another test to the Resistant lead this pair for further down move. The USDIndex is testing the support on daily chart time frame. when this Index testing is done, With the Bullish reveals on the USD Index, Bearish on GBPUSD will be more clear rather than EURUSD.
$GBPUSD may break the Resistant line at 1.6990 but it may possible to retrace before it break it. At the moment, waiting for small price formation and expecting a resistant rejection will be good to Short this pair with target 1.6900/800 area.
$EURUSD already down from early May and likely to build support around 1.3550 - 1.3450 area. 1st potential Long entry will be a break out @ 1. 3545 (CBL Entry), another potential will be lower price around 1.3535/30 area. First target will be 1.3700 area.
Weekly $EURJPY chart is likely building and testing a support for daily bullish reversal area. Daily chart formation is expected make a support at 138.20-137.80 , more further support around 137.00 - 136.25 area and that make Bullish BAT formation complete.
Now $USDCHF is likely close to the resistant area. The upside spike is indicating the weak of the Bull power. from this area @ 0.8950 up to @ 0.9000 should find nice bearish reversal setup. my first bearish target is 0.8850 and lower target will be 0.8700.
$EURUSD has been bearish for 5th of May 2014. this bearish is expected to find the strong support area @ 1.3575 area. The possible pattern is Bullish Gartley and Bullish Shark Pattern. if this support area can hold, my 1st bullish target will be around 1.3795 and next will be 1.3950 level.
I am still Bearish for $APPL, unless it break 550.30 resistant. For Now, I am expecting AAPL to dive to 470 area and form Bullish Gartly pattern.
The $AUDUSD formed 1:1 classic ABCD @ 0.9300 where there was a support and now become resistant at 0.9270 The Bearish Swing retracement 0.618 at 0.9335 area. Another Daily bearish candle formation will lead me to short this AUSIE$
$ NZD USD Looking for another bearish setup as daily and Weekly indicating start for bearish. but intraday looks good for short time bullish. supported
After strong bulls, $NZDUSD reach the 0.8540 daily resistant. $NZDUSD is expected to form Bearish Butterfly
#EURUSD is likely forming potential Bearish Chyper @ daily chart
#USDCAD is expected for another lower move for correction.