xlycon

xlycon

Expecting dollar to breakout of the possible expanding triangle pattern.

xlycon

Today the bears continues to push prices lower as short term Head and Shoulder Pattern confirms immediate price action. If the bears can break the current key level then look for 0.7180 as next key support, to be followed by the 0.7130 area. The 0.7180 is also the approximate measured move target for the head and shoulder pattern.

xlycon

Current price just broken a resistance area. Expecting pair to move higher.

xlycon

Expecting a massive move for GBPJPY to the upside for the wave 3 rally.

xlycon

Expecting USDCAD to further drop after it has completed a complex wave B pattern.

xlycon

GOLD is presently consolidating and forming a triangle pattern. Watch out for the breakout to the upside.

xlycon

Keep watch for the possible breakdown out of this bearish flag pattern. Projected target is the height of the pole, which is about 1.05000.

xlycon

This pair just just pulled back and formed a pinbar after breaking out from its bearish rising wedge pattern.

xlycon

GBPUSD Continues to go down with possible key target shown in the picture.

xlycon

This pair has entered recently its demand zone. Bullish divergence can be seen on the RSI indicator. Conservative entry it to wait breakout from the channel. While a more aggressive entry is to accumulate every time price enters the demand zone. Stop loss right below this demand zone or below 65500.

xlycon

Seems like the EURUSD is on a bearish direction right now. Lower line of channel already broken.

xlycon

Watch out for the breakdown from the support. This will confirm the bearish pattern.

xlycon

USDJPY just pulledback to its breakout point (a.k.a poll). Expecting upward resumption of this pair.

xlycon

Following the breakdown from the Wedge. The EURUSD continues to drop by breaking free from the inverted FLAG pattern.

xlycon

It seems this pair is on a W-X-Y pattern with estimated target of about 1.36052.

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USDCAD just break free from its descending channel. With this I am expecting a continually of the previous rally that can go beyond the 1.25639.

xlycon

This pair seems to have broken down from the wedge pattern. If this is the case then we will be able to see this pair drop towards 1.0000 and below. Else we will have an alternative count for the final rally of the 5th leg of the wedge before a big correction. Overall in my opinion this pair is headed down.

xlycon

GBPUSD is long term bearish. Minimum projected target (~1.5953) for the current rally (wave C) finally hit. However a breakout above this level will project 1.6422 as the next probable target for this pair.