BillionsFx

BillionsFx

If support holds we may see bullish price action towards upside target 1- then then target 2 However if we get a break of the ascending trendline we could see bearish price action towards downside target one

BillionsFx

Expecting possible continuation of shorts for the pair. Downside Target 1 in sight will be looking for a retest of the recently broke S/R level for an entry. WIll update as we see price move

BillionsFx

Last week we saw strong bullish price action on cable Price is approaching key resistance level, possible pullbacks then continuation of bullish price action, maybe new highs? t Will update as the week goes on

BillionsFx

Linked to my previous post the pair failed to break the ascending trendline It however has broke and retested the decending trendline, expecting new highs will update as things change + MA's showing bullish price momentum

BillionsFx

USDCHF SHORTS? NEW LOWS?!

BillionsFx

AUDUSD POTENTIAL SHORTS? Break of ascending trend line could see shorts on the pair Will update with more detail as the week goes on

BillionsFx

Can see more upside on the pair

BillionsFx

GOLD/ XAUUSD SHORT anticipating shorts Last swing low has been broken, If price remains below 1216 I think we may see 1137 on gold this year.

BillionsFx Updated 

This month we have seen major bearish moves on EURGBP of the 0.88062 Zone, with the pair taking away its bullish momentum the monthly candle is looking to close as an shooting star. Anticipating a continuation of this bearish move this week if we manage to remain below 0.86 monthly resistance zone. If daily resistance holds at 0.85361 i will be looking for shorts...

BillionsFx

1) A failed head and shoulders pattern @ key daily resistance @ 0.86002 2) Price has broken the 0.86002 zone + counter trend line 3) Expecting a pull back from the H4 Resistance zone @ 0.86919 zone. ( opportunity for short term shorts) and retest of the counter trend line + now support zone @ 0.86002 for longs towards 0.87315. 4) Upside target @ 0.87315 @ daily...

BillionsFx

1) Expecting a pull back into Daily resistance zone @ 113.847 2) If Daily resistance zone @ 113.847 holds + break of trend line expecting shorts to lower bounds of the range @ 112.35 3) Downside target ~ Support zone @ 112.354 4) if downside target @ @ 112.354 is achieved and broken will watch price action in this zone for further shorts towards 110.939 zone

BillionsFx

1) A completed head and shoulders pattern @ key daily resistance @ 0.86002 2) A break of the trend line will warrant short entries 3) Downside target ~ Support zone @ 0.82971

BillionsFx

1) Oil has been making lower swing highs and and swing lows 2) Expecting a new low to be formed around 46 zone @ daily resistance zone 3) A Break and restest of the trend line will warrant short entries 4) Downside Target 1 42.50 zone

BillionsFx

1) The pair has been making consecutive higher highs and lows in confluence with the overall bullish trend 2) Most recent bullish move = 3rd bounce of ascending trend line + upwards moving 200MA 3) Possibility for new highs on the pair @ 0.7500? 4) Target 1 0.74093 in confluence with 61.8 fib level 5) If price holds above 0.74093 we may see Target 2 @ 0.74998...

BillionsFx

1) Daily resistance zone 2) Downside shifts in MA's 3) Previous/ most recent daily candle closed below resistance zone , if zone holds + break of ascending trend line shorts to 113.847 4) If support at 113.847 fails to hold further shorts towards 112.354 ( May see price pullback into 114.467 when 113.847 is reached to accumulate shorts to take out the 113.847...

BillionsFx

1)Price failed to break and close above resistance zone @ 0.99040 + triple top formed @ 0.99500 zone 2) False Break and retest of descending price channel 3) Daily support broken @ 0.98402 zone 4) Previous Daily candle closed as an bearish engulfing 5) MA's spiralling to the downside adding confluence to bearish momentum 6) A break of the trend line will...

BillionsFx

1) Double top formed @ Daily resistance @ 109523 zone 2) Downside shifts in MA's 3) Previous/ most recent daily candle closed below resistance level @ 1.84228 zone, if zone holds + next daily candle close below zone will warrant further shorts. 4) Target 1 @ 1.80041 5) Target 2 @ 1.76786 = Daily support zone giving extra confluence

BillionsFx

Bullish price action may see new swing lows @ 106.989 area in a few weeks? as the pair has consecutively made Lower highs and lows. 1) Break and retest of trend line 2)strong resistance levels @ 114.467 area + downside moving averages for further confluence for continuation of bullish trend conformation 3) Daily candle closed as an bullish engulfing previous...