Ever since GBPAUD broke the ctl I was short on the pair, but we saw quiet a reversal. GA smashed through Daily and, Monthly resistance. Forming HHs, HLs, MAs are still open. We could expect 1.670 to confirm the downward structure break for higher time frames.
Ever since Euro broke consolidation zone, it's been smashing though ceilings , HHs, HLs, MAs are open. Euro could retest monthly support 1.1773 or 38.20% fib 1.1660 zone. Over all target is 1.2500.
GBPUSD Broke monthly resistance, retested it, constant HHs,HLs, MAs are open. Our target is weekly resistance 1.3450. Safe SL is a little under 38.20% fib, which is also the tl.
Bullish structure broke, MAs crossed over, tl broken, and under monthly resistance 88.00. First target is 38.20% fib level, 86.30.
Although GBPJPY seems very bearish, Price is staying above weekly support and respecting TL. MAs are crossing over. (Risky trade)
HH/HLS, MAs open, Euro could possible come to Monthly Support 1.1773, or 38.20% fib, before shooting up.
USDCAD will continue it's downward journey till Monthly supply 1.2245 zone. UC re-tested daily resistance and, now we could see it fall.
This looks to be a good setup , if you are going to take this setup remember to risk responsibly.
MAS open, gold has potential to reach back into 1300/oz zone and take out the price. (HH/HLS)
Weekly bearish, USDCAD has been super bearish, MA's crossed over, (open), UC will try to break its previous lows on weekly, potential target for now is monthly support 1.2245 zone. Analyze bigger picture.
Bearish engulfing on weekly, bounced back from monthly resistance,
TL broken, MAs crossed over, GA could retest to 1.6430 before it drops to Weekly support 1.6250.
Currently at Weekly support 144.07, if 144.67 is broken and becomes the support GJ is expected to reach back to Monthly Resistance 147.47 zone. Anyhow, if GBPJPY breaks below weekly support 144.67, GJ could potentially reach 140.00 since the trend is bearish, and MAS touching each other on daily tf.
AUDJPY has broke the bearish structure, MAs have been crossed over, HLs and HHs. An uptrend channel has formed and its respecting the market move. We could see a retrest at monthly s 88.00 (CT) as its upper continuation move to weekly r 90.00. Once target reached further analysis will be updated.
EURJPY has broken the trend line on weekly, CTL has also been broken, MAS crossed over. Bullish englufing on various time frames, EJ also broke out from its consolidation zone from 128.50 to 129.60. Now EJ could retrace back to weekly R 129.69 before it shoots up to monthly R 132.00.
AUDUSD Technical Analysis AUDUSD has been in consolidation zone since early 2016, the price barrier was from 0.6884 to 0.7773. Auzzie tried to breakout through this area numerous times but failed. However, last week auzzie smashed through previous resistance, and on Monday it retested the new support 0.7785 (previous resistance). Since AUDUSD has finally broken...
AUDUSD Technical Analysis for 4H/D After the bearish structure was broken, price tested the trend line (Bearish) three times, also formed bullish engulfing. We also saw higher highs, high lows, with very strong support, the new price ceiling was broken and, became the floor which was also the weekly support 0.7773. Price retested the tl/support and shot up. MA's...