Shorting GBP/USD Sterling weakness among all currency pairs
i made this analisis just to study on the market movement. i will make the desicion after the completion of 240 candlestick on the critical action level. because that level of indecision is where the end of correction.or the trend will continue to go up. the critcal zone are strong daily resistance and 50% fibonaci retracement level. my desicion will be the...
EUR/USD PRESSURING A CRITICAL RESISTANCE
EUR/USD pressuring a critical resistance
If current resistance around 7135 holds we could see continuation downwards to the 702 level. Stay at the sideline for now but add some alerts at 716 (long) and 712 (short)
Everyone waiting for NFP? Yes USDJPY now forming 3 drive pattern, likely will fall down to nearest support at round number 119.400 something. But we need to be very careful making decision here because this pair currently will bounce a bit high before drop down with NFP (bad data forecast). Maybe there will be some spike to the 120.500 level to test the...
GBPNZD now reaching the support 2.026xx and as you can see, my prediction ; price will bounce to 2.06000 level and from there it will begin to go bear to 2.000 or maybe even lower to 1.98000. The question is, will it bounce? Or break?