GBPUSD M15 - Lower timeframe chart here highlighting the LTF structure break and active retest. Looking for resistance at 1.21500 again, stops would be above previous high and H4 resistance price, with initial targets down towards this 1.20 handle. 4.6R measured. Alerts set for 1.21500 lets see what unfolds.
DXY D1 - We mentioned last week we wanted to see a breakout of this consolidation, our bias is steering towards a bullish breakout due to the technical push before AE, UE and NFP figures. That being said, complimentary figures supporting the dollar... actually saw the dollar lose it's technical ground. We wat to see a convincing break of this consolidation...
broke structure london session structure broke above and supporting above support and trendline going up to 1h resistance area
next levels 1.07000 - 1.07500 these are targets but any further up side could be limited
The team presents a top down analysis. We are expecting a sell from current price or the marked zones for a good risk to reward trade. Managing risk and position sizing is key.
XAUUSD: H4: SWING TRADE SETUP BIAS: Bearish On the H4, my bias is bearish as we have reached "C" on the "ABC" formation and anticipate "C" leg to be bearish. If this bearish momentum continues expect the price to continue heading towards 1775.
here we have a great entry for the audusd where we can take a 75 pips from bullish movement ! we will need to wait for our point and take a entry at right point
Eur Cad Gives anther oportunity to enter into a continuous trend. Enter in the target area for 200 pips of profit!
GBPUSD H1 - Some nice play could unfold here on cable, working from those whole numbers, a break and subsequent retest of 1.22 could be a point in which we consider longs, a strong 50 pip break and close would suffice.
DXY H8 - Dollar is a tricky one at the moment, but I would like to see further and deeper selling pressure, it'll be an interesting week this week, with banks shutting up shop for the year, and a slower week in terms of economic data as compared to last week.
Recently we have finally seen some rest bite for the pound after looming USD data. Other instruments are markets have also somewhat corrected and as we can see from GBP/AUD we are picking up some momentum to the upside with targets of 1.8400 for next week. Always follow your trading plan regarding entry, risk management, and trade management. The information and...
hey traders as there is some data of gbp so many traders are not taking any trade in gbp but as i can see it will favour us toward our target of 110 pips as this is good point to enter in trade of gbpjpy so let's make it
DXY H1 - Nice break of consolidation seen here on cable, expecting some more downside for the dollar leading into the interest rate decision and FOMC press conference as we approach NA lunchtime. Interesting day yesterday, CPI as expected, DXY, GBPUSD and XAUUSD all moving as expected. Not sure we will see much volume as the is typically a halt ahead of such...
here we have a good entry point for the nzdjpy too touch 82 pips target
here we have a good point for USDJPY to get bearish and we can take around 350 pips in this trade !
DXY H4 - We have started to see rejections during yesterdays trading session, looking for more of the same, further drops in dollar strength over the medium to long term. Lots of opportunity for XAUUSD, GBPUSD and EURUSD longs. These will be watchlist priority pairs going into next year.
EURJPY D1 - Probably the most attractive setup of them all so far. Shorts lined up for some ***YEN pairs, USDJPY looking attractive also, analysis to follow.