raegenius

raegenius Updated 

on the daily impulsive moves are with the bears with many bearish engulfing near support break of support should carry us to 108.70

raegenius Updated 

Once 146 holds, we are in for a fall. Details on chart.

raegenius Updated 

Price being held by both horizontal and trend line support and break below here could be incisive.

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Looking to re-enter sell trade towards 1.3050

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Waiting for pullback to 1.3115 - 1.3130 area and then get long up to 1.35.

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Details on charts if breaks 1.3050, look for continued movement towards trend line or horizontal support.

raegenius Updated 

GBPUSD finding good support around 1.2450 in the short term. Considering to go long if it pulls back here.

raegenius Updated 

Price climbed from 102 lows up to 118 highs, and has currently formed H&S on pullback to 38.2 Fib....bold idea but let's see

raegenius Updated 

Is USD going to follow that H&S pattern and go to the upside up to about 1.32 or will it go to the longer term trendline with horizontal support confluence at 1.28?? I slight skewed to long in the short term, bearish long term.

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GBPJPY climbed from 126.50ish to 148.38, now consolidating around 38.2 fib level where a triangle has been formed. Descending trend line along with strong support base. It is typical in situations like this for price to break to the downside, however the support at this level looks strong.

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The NZDUSD had broken an upward trendline is continues to show signs of weakness. Entering short aiming for about 0.65. Chart shows details

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The AUD/NZD pair is finding support along familiar line. An idea hear is to go long with stop loss placed below support line. Also it appears that a bullish Head and shoulders could be forming on the weekly chart.

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The USDCAD pair has reached the top of it's trend channel and now looks like a good time to short the pair as we continue the bearish trend with the price below the 200MA. TP1: 1.2750 TP2: 1.2530 SL: 1.2910

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GBPUSD failed to breach trendline and we can enter short in line with general trend.

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EURGBP trend line broken and pullbacks to trend line seen. Expecting move to the downside in line with trend break

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Going along with long term trend, price looking to be rejected at previous support, now resistance.

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EURGBP has touched trend line support. Entering long in line with daily trend.

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GBPUSD breaks support trend line