BayonetMarkets

BayonetMarkets

Range based trade.

BayonetMarkets

Previous analysis on USDJPY trending lower has now been closed. Price has broken through to two key areas of selling demand and is building a convincing picture to buy USDJPY. Trump's G20 summit and subsequent meetings appears at face value to have been successful. Have a great week.

BayonetMarkets

Simple technical trade, backed up by fundamentally exposed Dollar during the G20 Summit today and this weekend. Former resistance has turned to support and present a good buy zone for EURUSD.

BayonetMarkets

Looking for another leg lower on USDJPY 4hr time frame paints a bearish picture and on the 1hr chart we have two zones to lean against.

BayonetMarkets

The Euro marches on... I'm looking for a pull back and a confirmation that price is printing new highs.

BayonetMarkets

61.8% of retail traders remain net long on GBPUSD Price ran out of steam and broke its bullish formation after halting at 1.2784 and dropping 2 cents very quickly. There's now a good opportunity to ride a weaker Pound down as the fundamentals remains shakey at best for GBP.

BayonetMarkets

63.77% are Long We have several good technical resistance levels to lean against. 4hr trendline. 50% retracement Double Top

BayonetMarkets

Pending trade following a pull back. Price has broken its current structure and would elude to a further run lower to find support at 1.0276 Based on my trading rules, there is no entry at this point. I will wait for price to pull back and consolidate before entering a short position.

BayonetMarkets

Price has retraced back to a strong buy zone. Waiting for bullish confirmation.

BayonetMarkets

Riskier trade given the USD weakness... However, we've reached a great support level and this is a good opportunity to scalp.

BayonetMarkets

This looked like a great short setup based on the elliot wave strategy. However, price has failed to slow down and the US Dollar remains weak fundamentally. Having consolidated at 0.6965 and built support, i have taken two buy positions.

BayonetMarkets

Following two weeks of USD weakness, NZDUSD is running into a strong sell zone. Will await sellers to enter the market and watch for bearish rejection. We could see a full retracement but i will be scaling out of the position at 50% retracement. If we get a clean break above, followed by a re-test, this trade will be invalid and there would be a strong...

BayonetMarkets

Great buy zone for EURNZD Waiting for buyers to enter the market

BayonetMarkets

Short traders taking profit before another round of USD bashing.

BayonetMarkets

Grinding higher amidst a cooling Euro with ECB easing

BayonetMarkets

Trade what we see

BayonetMarkets

Price is still being squeezed lower following a small clawback in Aussie strength

BayonetMarkets

Sell offs