radoslaw.mazgaj

radoslaw.mazgaj

- GBP/USD Broke 1.5000 Support and is now trading at 18-month lows. - Next major support at 1.4850 - MACD, CCI and RSI are showing BUY - If the trend does change and manages to break above 1.5000, targets at 1.51050 and 1.5210

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- Short term trend is down - Long term is still up, but this might change if the price drops below 181.0 - A rise above 187.7 will continue the uptrend, could be a good moment to enter longs. - Stochastic and CCI say BUY, at the moment.

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On this chart the long term MA's (200,100,50) are above the short terms (10 and 20), thus the long term trend is down. A break below 1.228 Support will open the road even further for bears, all the way to 1.2247 Stochastic and MACD are bearish Watch out for Jobless Claims News coming out later today, might cause surges on EURUSD

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- CCI and Stochastic indicate BUY. - Short term MA's (10,20) still above Long terms (50, 100, 200), trend is still up. - EUR/USD broke 1.2480 resistance. - Possible retracement to 1.2370 support, would be a good entry point for longs. - If the price crosses the 200 MA we might have a trend reversal.

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UK CPI fell 0.3% in November, vs expected 0.0%. On a yearly basis it rose 1.0% - Short term trend up - Long term trend down - Support at 1.5600, minor resistance at 1.58 - Break above resistance will target 1.595 - MACD and RSI showing sell -Long term sell target 1.49

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- 100 MA is closing in on short term (10 and 20) MA's - Short term trend Down - Long term trend Up - Support at 0.7800 - RSI showing overbought

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Short term MA (10,20) above Long terms (50, 100, 200) Short trend is up, will take 200-MA break 1.2370 to change that 1.24800 resistance, 1.2370 support MACD and Ichimoku Indicate buying possibilities

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• Long term trend is up while the short term trend is down. • Price hit 50% Fibonacci retracement which might lead it higher. • Price may decline to the 61.8 Fibo retracement before surging. • The current support is at 117.90 and resistance level at 121.60. • Price may go either way but bulls are more in favor.

radoslaw.mazgaj

• Long term trend is up while the short term trend is down. • Price hit 50% Fibonacci retracement which might lead it higher. • Price may decline to the 61.8 Fibo retracement before surging. • The current support is at 117.90 and resistance level at 121.60. • Price may go either way but bulls are more in favor.

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• Consolidation formed on the Pound. • Long term trend is down but short term trend is up. • Up sloping trend line is respected. • A break below the consolidation may lead price lower but might be limited by the up sloping trend line. • A break above the consolidation may take GBPUSD to the 1.5755 resistance.

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• Short term trend is up while long term trend remains down. • Pin bar pattern formed at 1220.00 support. • This pin bar rejected the uptrend line adding weight to the bulls. • Resistance level at 1245.00. • Break above the pin bar (green line) may offer long trades. • 1245.00 resistance may serve as a target for sellers.

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• The pin bar candlestick pattern that we covered on Tuesday has caused a surge. • The long term trend is up. • Up sloping trend line is well respected. • USDJPY broke the 119.00 resistance level which confirms the strength of this uptrend. • A pullback to 119.00 resistance turn support level could potentially offer a second entry chance for bulls.

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• The inside bar candlestick pattern that we covered last Friday has successfully pushed the price down and hit our target. • The long term trend is still down. • There's high impact news later today, any open positions should be treated with care to avoid any whipsaws that might be caused by the news. • Another inside bar candlestick pattern formed at the...

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- Potential counter trend trade on AUD/JPY after price broke the low of the inside bar. - The trend is still up thus this counter trend trade might not be suitable for beginners. - The inside bar was formed at the key resistance level at 102.80. - Stops can be placed above the 102.80 key resistance level. - Our first target will be at 99.68. - Second target at...

radoslaw.mazgaj

There's an inside bar candlestick pattern formed on EUR/USD which could potentially lead the price lower in today's New York session. The Stochastic is near overbought territory but ideally we would like to see it to be in an overbought condition. The Commodity Channel Index (CCI) and Relative Strength Index (RSI) are in a neutral position, while the Parabolic SAR...

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After the breakdown of the low of the multiple bars inside bar candlestick pattern on #Gold which we covered on Wednesday the price declined sharply, shortly after the breakdown. The width of the Bollinger Band continues to expand, and the Average True Range (ATR) indicator is showing the highest volatility in the last few months. The trend is down as price...

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There's a bearish engulfing bar candlestick pattern formed on USD/CAD at the 1.1220 resistance level as well as the down sloping trend line. The 1.1220 resistance level is also the breakdown point of the triangle chart pattern. This bearish engulfing bar candlestick pattern could potentially lead the price lower in today's New York session, but the first obstacle...

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The false break of the inside bar candlestick pattern on EUR/USD has caused the price to slide significantly lower. This false break candlestick also formed at the 1.2732 resistance level which we covered on Monday. The false break inside bar candlestick pattern also formed at the 200 period moving average as well as the upper band of the Bollinger Band, which...