Interesting move today for the cable which is already up 1.14% at the end of the week. Market is now expecting a soft brexit rather than no deal brexit. Technically the pair is gaining bullish momentum since it broke above the 200day SMA at 1.318 and will likely close above it weekly. Also, it broke a descending trend line shown on the chart which shows a...
On the GBPAUd pair I have identified a prosperous trade setup, an opportunity to go short. The GBp has recently not met a deal for the Brexit agreement which means the Sterling will soon be on its own. The impact this will have on the market will ultimately push the Gbp down to lower levels, I am personally seeking 1.6500. Also the Feds are speechless as to if...
The Pound against the Yen has been short for roughly around the beginning of November and puts pressure for the yen over the new year. From research, this pair may continue to go down, and here is why. Firstly, the Nikkei 225 has significantly dropped by 17.53% from the 2nd of October to the 28th of December. Reasoning behind this is due to other variables...
Hi guys ! I post my recent trading idea for EURGBP. Only from tecnhical scope i see a rebound from bollinger to the median to hit the price of 0.88886 and after this move is confirmed then we look again a long position to 0.92. Hot news for Britain expected in meanwhile. Be carefull about your positions !
The FTSE100 index is approaching a critical 2.6 retracement level of the previous uptrend, and it could be good time to buy. However, with the Brexit news and Theresa May woes, just hold your horses for a bit. The index is still largely in a sell-off fueled by the lack of confidence surrounding the Brexit deal and seemingly the vote to be held tomorrow. The...
Today i am going long on the GBPAUD due to an harmonic pattern completion on the 1HR time frame. Here I have displayed it on my charts. My trading style is trading but you can possibly hold some positions much longer. Check out my analysis I would love you feedback. Happy trading.
price has now created two lower highs which indicates an end to the momentum of the gbp versus sgd
Bigboy break of the blue triangle. Looking for small flags on lower timeframes and buying dips. This move just started imho. Invalidation level should be below 1.25 we should not break lower. Thats a textbook breakout right here. Watch further developments in britain.
GBPJPY looks to continue strong uptrend after breaking downtrend. considering exit long at 146, or hold until 148.3
Chart tells the story quite accuratley. 5 wave impuls lower has ended. Market is going to make an important Higher Low. I see a new impuls higher has started with the fundamental "May speech" shift, i am looking for a corrective type of move towards 1.22/1.2250 for a long entry with a stop at 1.21. My first target is 1.28 and eventually i will let a part of my...
GBPJPY | On Monthly S2 Resistance + trend line breakout to SELL side. Free Daily Analysis on Telegram: telegram.me
Daily CSS made cross back into bearish side which means, daily back to the weekly trend which is clearly very bearish ...All we need now is a good confirmation from the (counter trend) pull back for our entry in trend (sell)...make sure no special news around...and get the deal :)An confirmation of weekly resistance rejection will be a great reason to look into...
GBPJPY been running low and retesting the bottom couple of times and we finally see breakout into the bull side. Now we wait to see the next resistance to be broken as additional bull power for those among us who buy GBPJPY. For newbies, some free education videos: www.youtube.com www.youtube.com www.youtube.com
After GB Poll and a fall for GBPUSD the currency volatile between two lines. there are two possible moves 1- Rise from this point according to Pinbar Stablish and break the downtrend line and targeting the top resistance! which could be more possible ( Pinbar confirmation ) - If so we'd better wait till the break of Downtrend line and passing the previous lower...
Taking a long position on this pair based on the following reasons: - Break and retest of key 0.70 level - 0.5 fib level held strong - Double bottom Let's see how this turns out!
Possible trade setups from the ascending triangle. Could wait for a break to the upside or watch to see if the triangle continues to play out and buy at a later stage. Profit target is based on previous structural levels