Here I explain all the reasons why I think we could see another push to the downside for USDCAD and why we could see possibly new lows for this pair at 1.26000. Leave a comment if you agree, disagree or have any questions :)
Here I explain why we could see another push to the upside for GBPCHF and why we could also potentially see a higher high in the market as 1.22500. Leave a comment if you agree, disagree or have any questions :)
This is my analysis of CADJPY on the weekly, daily and H4 timeframes. In this analysis I explain why I think we could see a breakout to the upside on this pair to the upside and possibly reach 83.000. Leave a comment if you agree, disagree or have any questions :)
Here I explain why we could see further movement to the downside for GBPNZD for next week with the current price action we are seeing on the H4 timeframe how we could potentially see a move into 1.85000 for a new low on this pair. Leave a comment if agree, disagree or have any questions :)
Here I explain my short trade idea for EURUSD and how we could potentially see a move into 1.21500. Leave a comment if you agree, disagree or have any questions :)
GBJPY has been moving in a very slow uptrend and has now been trading in the same are for a few days now. Price however is struggling to break past the previous swing low on the H4 chart and is so far holding this as a support level. If this uptrend continues we could see a breakout to the upside as price goes to make a new swing high and test a daily key level at 142.000.
GBPCAD is currently testing a strong area of support and is also testing the lower channel of a descending channel. We have to reject this area on the H4 timeframe and we could be seeing a swing to the upside now for the pair to breakout of the channel and create some new highs at 1.75000 if we start to see some more GBP strength come into the markets. If you...
EURCAD has recently made a new high and is pulling back into previous daily resistance which is now turned daily support. If EURCAD can provide some bullish price action in this area, we could see another bullish swing for the pair giving us new swing high and potentially reach 1.58000 Like if you agree and if you have any questions, just drop a comment :)
Recently we saw a big move to the upside for gold and now we are testing a very strong supply area on the daily timeframe which gave us a very strong move to the downside previously. On the H4 chart we are a little overextended to the upside and the market looks like its currently having a pullback as the week closed. We could see one last push to the upside...
EURUSD has recently seen a strong break on the daily timeframe of the highs previously made during late august and now with the creation of recent wicks, it looks like we have found some resistance and we could see the market pullback to test the former daily resistance now as support at around 1.2000. If we get a daily close above the wicks we have recently made...
EURUSD has been moving very corrective on the H4 chart for a while and has slowly made its way to test the H4 trendline for a 3rd time. With this test we could see a swing to the downside to go and test the key lower level below and potentially the lower trend line beneath that if we have enough bearish momentum. We are starting to see bearish price action coming...
Price has reached key daily level and is moving very correctively on the H4 timeframe showing signs of weakness and a potential reversal and a swing to the downside is becoming more probable. Price has tried to break through this level 2 times before and is now on its 3rd attempt, so if we see price hold we can expect to see a bearish swing to the daily level...
Price has been moving with strong bearish momentum on the weekly chart since we broke out of the support area in early November. We have now reached previous weekly support and a weekly trend line and if we see a strong shift from the bears to the bulls we could start to see the overall bullish trend for USDZAR start to resume again and give us a swing to test the...
AUDCAD has been moving very correctively on the H4 timeframe and is starting lose its overall bullish momentum and a bearish reversal is on the cards now. We are currently at a daily level of resistance and if we start to see strong bearish price action coming into the market we could see a move lower as price finds support to continue in its bullish trend. If we...
Price has been moving in a gradual uptrend for GBPUSD and now the market has reached the previous swing high of the trend and is testing a key weekly level. we are looking to short the market at this level and are targeting the lower daily level but price has yet to show convincing price action of a potential reversal and a swing back down. However, there is a...
Price has been moving in a corrective ascending channel on the daily chart and is now testing a strong level of weekly resistance. NZDUSD has been in this channel for a few months now and has just reached the upper trend line of the channel for a 3rd test. Whit this test price has shown us good signs of rejection on the H4 timeframe and a possible swing to test...
Price is testing a key supply and demand level on the daily timeframe and has been moving correctively in a descending channel for a few weeks now. The market has now tested this area twice recently on the H4 timeframe and is showing signs of holding. If the market holds at this level, we could finally see a swing to the upside, breaking out of the descending...
Price has been moving in a descending channel on the H4 time frame on AUDNZD and has recently made a 3rd test of the lower trendline and has had a strong bullish rejection from it. There is a good possibility that we could now get a swing to the upside and finally see AUDNZD breakout of the channel and see a test of the next key level of resistance above it.