Potential opportunity to go long at GBPJPY, wait for break of daily candle. Entry at 176.65, Stop at 175.30, First Target 178.00. Manage your Risk and you'll be fine. Join us at fxchronicles.com
Possible Bullish Cypher Forming on the 60 min chart.
USDCHF throughout febuary has been pretty bullish but there are key resistance ahead that could lead into short swing trades
Silver has been rising since last Friday and is near the 19.32 resistance level. The overall trend for this market is still bearish as the price continues to stay below the 200 period moving average. There is a bearish engulfing bar candlestick pattern which could lead the price lower in todays London session. The current support level is at 19.00 and resistance...
Based on COT and General sentiment which is very bearish.
EURAUD currently @1.4417 - not doing much yet. Currently inside a big wedge in the 240 min chart and waiting for direction out of it. But if you look at the EURAUD 60-min chart, we are inside an ascending wedge with a potential 30-35 pips once we break out of it and continuation to the top 1.4460-80 levels. Both potential trades would be as follow: LONG ENTRY...
AUDNZD currently @1.0789 giving us a head & shoulder pattern right at the top of our Channel for a potential square up of the move from last week. Let's wait to see if they will violate the H&S by going higher, If not take the short below the neckline @1.0770 - or even before the break at the current level of 1.0790 ENTRY: SHORT @1.0770 STOP 1.0800 TARGET...