AnthonyBourneForex

We have seen a Doji candlestick form on the Weekly close showing us the clear indecision in the market and we have also seen strong rejection from the Weekly Support Level at 1.5780 so again we have some great options with good size targets. Long positions above 1.5900 are clear cut with 1.5980 and then possibly 1.6060 in extension becoming our targets. When it...

It’s difficult to see anything other than the short given the huge rejection seen from 1.1480 last week but we must remain vigilant to the fact that we have seen a clear Higher High formed on the daily timeframe and we a yet to break the previous Macro swing low at 1.1300 therefore Long and Short positions must be considered this does provide us with options which...

We are caught up in the same previous range 0.7230-0.7150 that we found a home in throughout December, the breakout of the range resulting in a free fall below 0.7020 and led to new Yearly lows being created at 0.6980 (discounting the flash crash) so with history being on our side a drop below 0.7120 could be sufficient enough to entice money into the shorts and...

We have seen a Doji candlestick form on the Weekly close showing us the clear indecision in the market and we have also seen strong rejection from the Weekly Support Level at 1.5780 so again we have some great options with good size targets. Long positions above 1.5900 are clear cut with 1.5980 and then possibly 1.6060 in extension becoming our targets. When it...