michaeljacob

michaeljacob

IF conditions are right we will get a retest of the neckline on NZD Then we take a long if we see a bullish candle after testing the neckline. Projection is for 0.73

michaeljacob

Looking at the zone Gold has come back up to test the previous ranges 1220 - 1180 . Looking for direction after the close of the daily tonight.

michaeljacob

Oil prices need to be watched maybe a bump in Oil will make this trade. Technically valid zone for a short.

michaeljacob

Hesitant to trade near this weekly TL waiting and watching for a break or bounce

michaeljacob

GBPCAD breaking out of a wedge to form the first move. Waiting for wave 3

michaeljacob

head and shoulders forming on NZDUSD

michaeljacob

Another drop could push dollar yen higher

michaeljacob

EURAUD to rise to 1.500 - Locked in an upward channel - Bullish Divergence on shows continuation of trend.

michaeljacob

AUDNZD took profits today on AUDNZD bounce after consolidation period. Potential to drive higher.

michaeljacob

Oil price declines will help the japanese economy it is inevitable. JPN imports most of their oil approx 90 pct of oil is imported. JPN is an island. CAD is weakening. SHORT CADJPY when OIL falls or the other way around

michaeljacob

I believe that some buyers have been stalking this long for a while. Waiting for Weekly Resistance.