we are looking for a continuation with the downtrend pattern, looking for a possible entry on market open, 1.09401 is gonna be the breaking point to look for a continuation, this is a strong support that needs to be broken, as usual keep stop losses on and take profits tight too - profit is profit
Dollar has found a support at the Range Low against Japanese Yen. Although, it is still stuck between the Range and the OB. So, in order to get in a safe position, waiting for the breakout and longing the retest would be the wise thing to do. Entry: 107.11 SL: 106.39 TP-1: 107.99 TP-2: 108.64 R/R: 2.13 Please let me know if you have any suggestions or any...
The USDJPY is set to rally if buyers start the squeeze on short sellers. A push up through 106.920 will drag in the buyers we need for the move as higher lows are holding.
Aussie dollar fell towards 0.6672 after rates cut, where it found strong support and closing above a significant level suggesting a possible validation of the ABCD. With the weakening of the US dollar and the market giving a 73% chance of rates cut at the end of the month we wouldn't be surprised to see the AUD rallying towards the 0.695 level. Something to keep...
Buyers managed to lift the Aussie higher into previous resistance at 0.6780 off the BidZone around 0.6690 but they are now running out of steam. For continuation higher, price needs to clear out a few late buyers so we are watching for a shoulder sell entry setup for the squeeze lower.
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See Annotations. Upside targets of 72.750 and 73.00
Liquidity pool to the upside induction short by the elites at a major zone and break of the trend line
Gold played out perfectly as buyers stepped into the action to build the buy entry off the shoulder on the 30min timeframe. Price may need to clean out some late buyers on a deeper pullback before kicking off to new highs. (This time the picture is correct)
Euro got back in the Trading Range against Dollar. A consolidation just above the Lower Range and then a touch to the Supply OB might cause the next downtrend. Until then, shorting seems as much risky as longing. Waiting for the right opportunity. Entry: 1.0990 SL: 1.1031 TP-1: 1.0927 TP-2: 1.0876 R/R: 2.78 Please let me know if you have any suggestions or...
were waiting for a break of support 0.62706 then entry, waiting for candle to hold then we ride it up to the resistance at around 0.64182, good luck and keep stop losses close
see a sell opportunity here, the pair seems to have a double top pattern formed on the 15 minute chart, we took a position probably a little bit too early but we will play it out, usual just keep stop loss set up and take profit there too, at work and will update afterwards!
FX:USDZAR . 15.50 is crucial for $USDZAR. Break above and more weakness for rand with target around R17.50/17.80