AliHussaini

AliHussaini Updated 

Macro view of EURJPY on the Monthly and Weekly. Rejected off the 50% fib and a close below the trendline. Lets see how this plays out.

AliHussaini Updated 

Waiting for a breakout and a retest before going on long. Price prediction based on H&S patter - $60K.

AliHussaini

Pretty likely to see this happening given the circumstances globally. Gov stimulus won't do much good as this isn't your 'typical' recession. It's not a demand but a supply problem, globally!. What do you expect when whole country is in lock down for weeks? The true impact of this will be evident in 6 to 12 months time.

AliHussaini

Pretty likely to see this happening given the circumstances in the US and globally. Gov stimulus won't do much good as this isn't your 'typical' recession. It's not a demand but a supply problem. What do you expect when whole country is in lock down for weeks? The true impact of this will be evident in 6 to 12 months time.

AliHussaini

The Aussie dollar on track to test lowest of lows. We're just at the start of the pandemic and we're already getting close. With the eventual lock down of countries around the world it will further impact the Aussie dollar.

AliHussaini

50% fib retracement + 200MA rejection + resistance level & RSI divergence

AliHussaini

USDCAD has broken the long term uptrend and is currently pulling back to the 38.2FIB before it continues the downward trend. Fib level and completion of the 4th leg converging with supply zone. RSI Divergence .

AliHussaini

USDCAD has broken the long term uptrend and is currently pulling back to the 38.2FIB before it continues the downward trend.

AliHussaini

The 50% have been acting as support for some time now, and we’ve been underneath the 50% for 13 days trying to break out. As long as we stay below 108.71 we may see the next fib level - 106.25. Also, we see a bear flag on the hourly. Cautious of the Fed news tomorrow however this seems like a good swing trade.

AliHussaini

Potential short setup at 50%

AliHussaini Updated 

Kiwi-Dollar potentially breaking support level.

AliHussaini

Waiting for a sell signal.