Ascending triangle on weekly, triangle broke the flat area of resistance (monthly resistance 147.47) Weekly projected target is 170.00. 4h- fib ret to 38.20%? / MAS are open, secondary target weekly resistance 158.419.
MAS crossed on daily/4hr. TL resistance broken, new potential support, 110.950- 110.650 barrier broken! Current target weekly resistance 112.000
Daily Renko - Hammer followed by Marubozu, MA's are open. TL/ weekly resistance re-tested. Target 1 is Monthly resistance 0.8100 and, second target is weekly resistance 0.8210!
Price action could just be possibly retracing and we could potentially see a further move to the downside.
USDCAD has been falling from the moon. The pair found slight support but the bears totally smashed through it. USDCAD is currently trapped in consolidation zone. Once it breaks below it we could be expecting 1.9500 zone.
GBPUSD could slightly retrace and continue the bullish trend. MAS are open, constant HHs, HLs, monthly support 1.3199 is hods strong.
We have seen this pair stalling around the MIDRANGE and now it has just broke out of a major trend line and rejected a key level in the market
Bearish structure is holding, had the pullback and now its time for UJ to continue its down trend.
AUDUSD bullish structure holding, Monthly support retest is done, Auzzie should follow the trend now!
USDCAD heading for weekly support 1.2500 zone. MAS are open, bearish over all. Hang man structure holding :)
USDJPY has been an interesting pair to watch this year and here is another opportunity to take advantage of the volatility of this pair. I will just be going into the technicals for this trade. If you want fundamental information visit www.investing.com they have great fundamentals with great breakdowns. TECHNICALS - The Market on Friday's close was on the level...
Daily 38.20% fib level triggered, MAs have touched, HH's and HL's, uptrend continues. Targeting -27%.
Could possibly retest monthly resistance, LHs, LLs, MAs crossed and open! Monthly TL broken(strong!!!), Plus the tl retest! Target one is 108.00, this zone could possibly have some support, next target would be weekly support 106.90.
UJ has been bearish, constant LHs, LLs, and MAs have touched. NFP brought in buyers to continue the downtrend. 110.00 is quit strong, and UJ will break through this time. 38.20% fib level has also shown its strength.
UJ has been bearish, constant LHs, LLs, and MAs have touched. NFP brought in buyers to continue the downtrend. 110.00 is quit strong, and UJ will break through this time. 38.20% fib level has also shown its strength.
Thanks to BOE Rate decision, GBPAUD is back at monthly support, we will target our previous tp 1.6750 zone. Even though it seems bearish but the supports are strong and holding GBPAUD from falling.