As demonstrated, this pair has reached to the bottom of the Daily Trend Line and has slightly broken through. When looking at the 4hr time frame, it is noticed that the pair is very considerably oversold on RSI. Instant entry or possibly wait for the market to reach support.
Bullish divergence on the 4hr timeframe. Break & Retest of the 4hr trendline. Support at 1.12000 psychological level.
A GREAT OPPORTUNITY DUE TO MULTIPLE TIME FRAME CONFLUENCE •1W - Current Market has reached the top of the weekly Trendline. The closed candle that had occurred for this week suggests that a strong rejection has occurred when observing the length of the wick. This long wick above the body suggests a rejection of the linear level which can therefore be followed up...
As we see EURUSD broke through trend line but quickly re-entered 4 hr trend line Broke through psychological level 1.300 continuation of trend Target:1.2
this pair currently is in fib level 0.618. It looks a good entry point. Also a good trend line..
As we can see GBPAUD has broke through 0.5 fib level in a 4 hour time frame and rejected of 0.382 fib level and quickly made its way back to the entry of the candle,suggesting that there is strong buying pressure available. Aiming to use 0.5 fib level as a form of support for buying pressure
EURCHF nearing daily trend-line. Support at 1.12000 psychological level. RSI oversold on Daily timeframe and lower. Bullish divergence on the 4hr timeframe. EUR currently showing as weak while CHF appearing strong, indicating a possible change in momentum.
After a 250 pips move to the downside over the past couple days, a correctional move to the upside is to be expected. Currently showing rejection off the 82.000 psychological level. USDCAD: Sell USDJPY: Buy However there is some resistance at 82.300, at the 0.382% daily fibonacci retracement level.
GBPUSD currently trading in an uptrend on the daily timeframe. Support at the 0.618% weekly fibonacci retracement level. Support at EMA 200 & 50 on the daily timeframe. GBP currently showing as weak while USD appearing strong, indicating a possible change in momentum. Ideal entry would be at 1.30600 technical support. As brexit discussions are still in play,...
EURUSD currently in an uptrend on the daily timeframe, along with possible a break and retest on the weekly trendline. Support at 0.786% weekly fibonacci retracement level. Trading above the EMA 31, 50 & 200 on the 4hr timeframe. EUR currently showing as weak while USD appearing strong, indicating a change in momentum. Ideal entry would be at 1.13650 technical...
EURGBP currently consolidating between 0.85000 & 0.87000 psychological levels. Resistance at 0.618% weekly fibonacci retracement level. Trading below the EMA 31, 50 & 200 on the daily timeframe, if EMA 800 is broken it may be further confluence suggesting bearish movement. Ideal entry would be at 0.86100 support & resistance level. If the 0.86000 psychological...
CADJPY trading in a uptrend on the 4hr timeframe, suggesting further bullish movement for the short-term. Trading above the EMA 31 & 50 on the daily timeframe. Ideal entry would be at 83.585 technical support level. If the 84.000 psychological level is broken this could suggest further bullish movement towards the 84.500 resistance level.
EURCAD forming a wedge on the 4hr timeframe and coming up to resistance. Resistance at EMA 200 on the daily timeframe and EMA 800 on the 4hr timeframe. Ideal entry at 1.51200, targeting 1.51000 and 1.50500 respectively.
NZDJPY break and retest of a bearish symmetrical triangle. Resistance at the 0.618% monthly fibonacci retracement level. Trading below the 800 EMA. NZD indicating as currently strong, with JPY gaining strength. Ideal entry would be at 76.500 support & resistance level. Swing trades targeting for the 76.000 psychological level with a potential intraday trade...
Hmmmm....Price has reached an interesting area. Lets wait and see, but a possible sell here. -FIb -Support -RSI OS Just waiting for the candle to close.
Buy.....Long on this pair. The high impact news dropped the price but once again it failed to break the support at the given level. I think it will go back up as it has confirmations.
AUD high impact news to come out at 3:30 am, if the price drops it could test the 0.7050 mark; and could find support there. - Trend line (Monthly and Weekly) - W formation on Daily + 4 Hour - Previous support range Wait and see how this goes.