marketwiz_

marketwiz_

GBPUSD looks to be on the downside, at least from a technical point of view. Expect some whiplash reactions to news events, especially in the US, but history has shown that price levels are king in the markets

marketwiz_

Dollar seems poised to take a beating, carry trade idea???

marketwiz_

after the recent downtrend, EURJPY seems to have hit an important retest level. If upward momentum is sustained than 134 is in sight. If not, low 120s.....

marketwiz_ Updated 

candlestick patterns seem to correlate with channel structure, JPY inflation expected soon, could be the catalyst. orders locked in, now we observe

marketwiz_

further breakdown of USDJPY setup. medium and long term direction?

marketwiz_

could be potential for downside movement. could all JPY pairs follow suit? potential indicator for XAUUSD direction?

marketwiz_

USDJPY looking bearish in the medium term, bullish long term, known to have correlation to gold. Interpret that how you will.

marketwiz_

gold seems to be testing medium term bearish channel, if it re-enters the channel, may end up revisiting 1650 levels. If it bounces off, this may be the long-await push to $2000. Inflation, interpret that how you will. Trade Wisely

marketwiz_

channel structure supports upward direction for XAU. Trading made easy.

marketwiz_

Pair seems to have upward momentum , targeting support line of the recent broken channel. If it re-enters, it should target the 122,6 level but if it fails to re-enter the channel, look for long term sell

marketwiz_

EURUSD looks to be bound to go up after bouncing off the support level. Should be drawn to towards channel high, will probably face resistance near the 1.1335 level before probably pushing up after ECB rate decision, follow the trend. Listen to the market.

marketwiz_

Fundamentals look shaky for the US but one can never be sure, don't try to predict the waves, just be prepared to ride them wherever they go. Risk/Reward is in check, ready for all probabilities. As an ever growing learner of the market, I am open to all input and constructive criticism