magbrr

PRO
Message Follow Following Unfollow
Joined equity_trader1
Markets Allocation
100 % forex
Top Mentioned Symbols
AUDJPY 14% | 10 EURUSD 11% | 8 EURGBP 8% | 6 GBPUSD 8% | 6
magbrr magbrr PRO GBPUSD, 240,
GBPUSD: GBPUSD (Intraday neutral)
21 0 4
GBPUSD, 240
GBPUSD (Intraday neutral)

This pair appears to be bucking a larger trend. However further close below the 1.2964 level (0.382% fib zone) shown will move price to 1.2875 support on intraday target basis.

magbrr magbrr PRO EURCAD, D,
EURCAD: EURCAD (Not yet bullish momentum)
23 0 6
EURCAD, D
EURCAD (Not yet bullish momentum)

EURCAD traded into neutral resistance. No bullish momentum yet

magbrr magbrr PRO GBPUSD, D, Long ,
GBPUSD: GBPUSD (Long Opportunity)
36 0 4
GBPUSD, D Long
GBPUSD (Long Opportunity)

GBPUSD broke key resistance last week and currently is bucking the direction of the trend. Uptrend still intact with targets as shown. Current downward movement shows weakening of momentum with bias to the upside

magbrr magbrr PRO GBPUSD, D, Long ,
GBPUSD: GBPUSD (Showing real bullwark promise!!!)
115 0 5
GBPUSD, D Long
GBPUSD (Showing real bullwark promise!!!)

GBPUSD showing real bullish promise with good food backing it apparently. Positive close today above Resistance line shown opens next target area positively.

magbrr magbrr PRO EURGBP, D, Long ,
EURGBP: EURGBP (Still bullish in structure)
27 0 2
EURGBP, D Long
EURGBP (Still bullish in structure)

Despite ongoing and final week downward momentum, EURGBP still has bullish structure. Strong support zone and next bullish target zone as shown. Break below current support invalidates bullish view.

magbrr magbrr PRO EURCAD, D, Short ,
EURCAD: EURCAD (Downside momentum still got good fuel)
26 0 4
EURCAD, D Short
EURCAD (Downside momentum still got good fuel)

EURCAD downside momentum is very much on track from our perspective. Next target support shown.

magbrr magbrr PRO EURCAD, D, Short ,
EURCAD: EURCAD (Revised view)
21 0 4
EURCAD, D Short
EURCAD (Revised view)

EURCAD view now turns bearish only as long as daily price trades consistently below 1.4646 area critical support. Further drop to 1.43 will be expected in the coming week or two.

magbrr magbrr PRO EURGBP, D, Long ,
EURGBP: EURGBP (specific)
27 0 6
EURGBP, D Long
EURGBP (specific)

EURGBP revised target shown

magbrr magbrr PRO EURGBP, D, Long ,
EURGBP: EURGBP (Weekly Bullish focus)
13 0 5
EURGBP, D Long
EURGBP (Weekly Bullish focus)

EURGBP pair is still bullish. Personality and structure of pair makes it vulnerable to further upside extension. Current movement is viewed as effect of instant correlation and only a break of former resistance turned support is needed to confirm protracted delay in upside extension

magbrr magbrr PRO EURUSD, D,
EURUSD: EURUSD (Slow stall)
63 0 7
EURUSD, D
EURUSD (Slow stall)

EURUSD further upside momentum now slowed. We need confirmation above levels shown for positive confirmation of continuation. Momentum deviations rampant in pair as shown and very volatile area of resistance now reached. Approach further doubling up to the upside with caution.

magbrr magbrr PRO GBPJPY, D,
GBPJPY: GBPJPY (Neutral)
39 0 5
GBPJPY, D
GBPJPY (Neutral)

GBP/JPY weekly bullish target reached. consolidation before upside appetite again. Watching for breach of critical target zones

magbrr magbrr PRO EURCAD, D, Long ,
EURCAD: EURCAD (Slightly Bullish)
16 0 6
EURCAD, D Long
EURCAD (Slightly Bullish)

Heavy cluster area trading for this pair - institutional order flow. Current daily bounce close to reach next daily bullish target shown

magbrr magbrr PRO EURGBP, D, Long ,
EURGBP: EURGBP (Bullish)
51 0 6
EURGBP, D Long
EURGBP (Bullish)

Initial resistance taken out. Next target in view

magbrr magbrr PRO GBPCHF, D, Short ,
GBPCHF: GBPCHF (Short)
27 0 8
GBPCHF, D Short
GBPCHF (Short)

GBPCHF has traced out a bearish formation. Today's upward price is viewed as correction in downtrend boosted by minor economic news and trader emotions. Wave 4 of previous impulsive wave has been breached (falter zone shown) and also we identified structural resistance into which price traded last week before embarking on the current pull back. We are holding ...

magbrr magbrr PRO EURUSD, D,
EURUSD: EURUSD (Neutral)
54 0 3
EURUSD, D
EURUSD (Neutral)

EURUSD pair traded into structural resistance Wednesday 17th of May 2017. Our view is now neutral. However it is worth noting that should resistance level at 1.12676 be taken out by price on a daily close basis, we believe it will be strong grounds to expose 1.14602 level trading inside resistance box shown. Above 1.14602 area will signal the beginning of the end ...

magbrr magbrr PRO AUDJPY, 60, Long ,
AUDJPY: AUDJPY (Long)
15 0 4
AUDJPY, 60 Long
AUDJPY (Long)

AUDJPY is still bullish in our view. Current price action appears to be locked within a bear trap and sideways moving price action. We believe price could most likely move further sideways to form a well defined triangle at corrective wave E of (4) in the 1 hour chart before price consolidation and price rally could begin. However we need a daily price close or ...

magbrr magbrr PRO AUDJPY, 60, Long ,
AUDJPY: AUDJPY (Long)
11 0 4
AUDJPY, 60 Long
AUDJPY (Long)

AUDJPY is still bullish in our view. Current price action appears to be locked within a bear trap and we believe there is one more leg to go in the 1 hour chart before price consolidation and price rally could begin. Area of possible further leg drop in 1 hour chart is 83.309/83.275. However we need a daily price close or trading above 84.583 to open up 85.847 ...

magbrr magbrr PRO CADJPY, 60, Short ,
CADJPY: CADJPY (Trade Idea)
21 0 6
CADJPY, 60 Short
CADJPY (Trade Idea)

CADJPY has hit strong structural resistance on bigger time frame as expected and gave up some ground to the upside last week. However, our bias is to the downside and we are looking at price as it is currently locked within bigger support and resistance box shown. Any 1 hour period price close below second support box shown over 4 hours should open up ...

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