Forexmani

Forexmani

AUDJPY SELL --------------------------------------------- STATUS : Active sell @ Market Price : 71.97 stop loss : 72.47 ( 50 pips) take profit 1: 71.47 ( 50 pips) take profit 2: 70.97 ( 100 pips) --------------------------------------------- Risk only 2% or less of your account

Forexmani

On a longterm view, EURGBP is on a strong bearish momentum. Scanning through the small time frame shows a possible head and shoulder pattern forming within the channel. If 0.8850 is broken we could see the pair heading towards 0.8771 zone.

Forexmani Updated 

Bearish EURO and head and shoulder pattern on EURGBP are the indicators of the bearish momentum on EURGBP. target for the sell is at 0.88634

Forexmani

EURUSD is testing the top of the bearish channel. Expecting to see a bounce to the downside.

Forexmani

EURUSD made a superb retest back to the broken support now resistance. sellers at 1.1050 region are likely to push the pair past 1.09. This week we expect to short EURUSD as long as the bearish trendline remains intact.

Forexmani Updated 

CADJPY CADJPY sell opportunity --------------------------------------------- STATUS : Active sell @ Market Price : 79.70 stop loss : 80.6 ( 90 pips) take profit 1: 78.7 ( 100 pips) take profit 2: 77.7 ( 200 pips) --------------------------------------------- Risk only 2% or less of your account

Forexmani

more downside is expected on EURAUD after a break of necline of the head and shoulder pattern. 1.6070 is a potential target for this setup,

Forexmani

AUDUSD made a pause after an impulsive move to the downside. The pause has been a range. Watching for more downside opportunities.

Forexmani

EURUSD has been ranging for quite a long time and bouncing off 1.1070 - 1.1060 support region. A sudden break of this level after range confirms a bearish momentum. expecting some pullback to the broken level before momentum continues.

Forexmani Updated 

EURGBP EURGBP BUY OPPORTUNITY AFTER TRIANGLE BREAKOUT --------------------------------------------- STATUS : Active buy @ Market Price : 0.9084 stop loss : 0.9038 ( 50 pips) take profit 1: 0.9138 ( 50 pips) take profit 2: 0.9145 ( 50 pips) Take profit 3: 0.9298 ( 210 pips) --------------------------------------------- Risk only 2% or less of your account

Forexmani Updated 

EURAUD has been respecting the wedge pattern. will be watching for breakout to the upside.

Forexmani Updated 

Price on EURUSD has been forming a lower low and lower high sequence forming . 1.11 zone is still acting as a strong support. price broke the zone and is currently retesting it. We will be watching to see how price behaves rather than jumping on a sell this is because created a pinbar . however, EURUSD still remains bearish.

Forexmani

CHFJPY Price has broken a 30 day range . Bearish momentum expected this upcoming week.

Forexmani

GBPNZD is in a strong downtrend and 1.8731 stands as strong resistance region where sellers can be looking to place orders with target at 1.8164.

Forexmani

Channel break on USDJPY clearly confirms continued momentum. We expect the pair to continue its decline towards 104.

Forexmani

We expect to see more downside to USDCHF as it maintains its price below the down trendline. We also have a possible head and shoulder pattern forming with could result in more short opportunities if the neckline is broken.

Forexmani

EURCHF broke out of the ranging channel and is still within a strong downtrend. A preference on selling is adviced as long as price is still making lower lows and lower highs.

Forexmani

Selling opportunity at current price with stop loss at last higher low level and target at 0.9705