h_g_l

h_g_l

The chart on the daily USDCHF xross structure suggests a retreat from the current levels to at least the FIB levels below Entry 0.9654 Stop 0.9712 Target 0.9521 so, possibly good for soem 120 pips

h_g_l

The recent uptrend in USDTHB as expected took a breather but without any significant sell-off. Although it failed to break the long-term resistance at round 36.50 it may only be a matter of time until it does. I fully anticipate the recent strength shown to translate into further gains Ultimately, I am looking for further gains the reach the next resistance areas...

h_g_l

Recent weakness in the USDCHF cross provides the possibility to start considering LONG entries. There is the chance of retreating further towards the bottom of the channel but equally the downwards movement stopped at the FIB levels. Just depends how strong the Dollar will continue to outperform against an equally strong Swiss Franc For the time being my money is...

h_g_l

The AUD/USD still mega bearish despite bouncing last Friday. Short-term however we may be looking at some strength off these lows There is significant resistance at 0.6868 and 0.6985 Potentially a good 100 pips when going long at the current level of 0.6841 At 0.6985 I will positively look to be short especially with the falling trend-line coming in round these...

h_g_l

The GBP/USD still mega bearish. Short-term however we may be looking at some bouncing off these lows Resistance currently stands round 1.18 and falling trend-line at 1.1900 At these R/S levels I feel that is a good level to go short. Daily MACD about to go positive albeit in negative territory. So, short-term a LONG GBPUSD for potentially 200 pips. But positively...

h_g_l

The Euro/US Dollar structure still looks very bearish. It may be off the short term-bottom following the rate announcement by the ECB but I cant see the positive sentiment lasting. Resistance currently stands at round 1.0155 and then 1.0360. At these levels I feel that appears to be a good point to go short again. MACD on 4hr and daily presently positive. So,...

h_g_l

USDTHB is trying again to break above for the 3rd time in 14 years. I feel the chances are for a good for an initial pull-back OANDA:USDTHB

h_g_l

Quite an import support area for the shiny metal The important Fib levels above are at about 1725 & 1745. For the very brave maybe 1765 MACD levels on the hourly are positive but not looking too healthy daily or weekly even. Overall the structure looks fairly negative overall but it may experience a brief bounce following NFP as it normally does. Keep a tight stop...

h_g_l

I fully expect AUDNZL to home-in on long-term resistance at 1.1303. The 200 MA is well positive as is 50 MA The MACD is about to rollover so there is a good chance of a lower entry point A terrific entry point long would be 1.1055 but that may be rather wishful thinking so I may take 1.1100