I've broken down the AUDUSD and I've come to a conclusion that two things could possibly happen. We currently have a decent support zone at around 0.7600 which has been tested twice wile rallying up to our resistance of .07667 which has proven to be a major key level historically. We have also broken our official parallel channel a which is giving us a sign of a...
The Bat pattern appears on FX:USDCHF , which will finish its D leg soon. This gives a signal to go short. Moreover, there is a resistance level at 1.0008. Price respected that level few times and it is more likely it will do it again. T1 - 38.2% T2 -...
The market moves sideways on EURUSD 1H bars. There is a resistance area around 1.0877 and trendline (pink line), which acts as a dynamic resistance too. There is a probability for short, because majority of selling orders will be placed that are and we can follow those large...
Go short the USDJPY if it trades at 113.18 or lower. If triggered, place your stop at 114.60 and exit the position for a profit at 111.87 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely). Watch and subscribed to video: www.youtube.com
On FX:EURJPY , the market is not trending . However, the harmonic bat pattern appears which gives an opportunity to go short. The price was going up on Monday and the next swing high is a good level buyers to lock their profits and sellers to step in. This will result to price dropping. T1 - 38.2% T2 -...
Looking to short AUDUSD on retracement.
We are overall Bearish on the EURUSD how I have spotted that we are looking to break key level of 1.09378. If we can break this resistance retest this level I will be looking to go long for no more than 28 pips. Take in mind this potential long may be a back for the overall trend which is bearish.
Wait for retracement to buy the dip USDJPY
On FX:EURAUD , the price moves sideways. There is a potential cypher pattern, which gives an opportunity to go short. Moreover, the price going close to resistance at 1.5397, which gives an additional support to this pattern validity. T1 - 38.2% T2 -...
The price has been dropping for the last few days. The question is when the bulls step in and get their control back? The market moves sideways on 1D chart. Thus, we have no directional bias. There is a key area at 1.0957. The price respected that level few times and it is more likely it will do it again. It was resistance, but after the breakout became a support...
Looking to buy the retracement on USDCAD
On FX:EURUSD , the market not trending on hourly chart. The price formed triangle (it can be pennant in the 4H bars), it means not bears nor bulls are in control the price. It is consolidated and we have to wait the perfect moment to see who gets the control and trade on their side. In this point, wait for the breakout confirmation and then...
Still the same "Brexit" drama give negative sentiment to GBP.
On FX:EURUSD , the price formed the bearish Flag on 1H bars. The price dropped significantly on monday and it is making its little correction probably. It is hard to predict who is in control of the price, but after the flag breakout we can predict who get the full control....
CAD strength supported by ralling oil price.