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We saw huge support from the 2900 area and it has flown back up but managed to stay below 4000, it has been rejected off a trend line and could be set for further downside movement, if we get a Break of the Trend Line then we would be expecting Higher highs to be formed Bitcoin has been plagued by the Chinese and Swiss recently with their Bitcoin exchange shut...

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AUDNZD has been overbought the last few weeks, taken it up to yearly highs for 2017, We have seen an impulse move to the downside and we are now in a Bear Flag, expecting further downside movement once a Breakout is formed. Expected downside target of 1.0920 NZD expected to get stronger - short term pullback

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Yesterday we saw a Bullish engulfing candle on the Daily close, I expected a continuation to take place, due to the AUD news I expected to see some AUD weakness this week. So we used Fib retracement to plan an entry on ETGFX trade planning webinar last night, we looked at the 38.2 Fib as a potential area to get into, The Red line was our entry, I expected the...

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Huge Bearish Trend, but market correction expected within the GBP and should see an upwards move towards TP - We have failed to get a good close below the 1.6050 level and we are expecting buyers to come back into the market. With Investors putting Brexit to the back on their mind and seeing the GBP as undervalued at the moment. We entered this, a few hours ago...

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USDCAD is currently in a huge Bearish Trend, and has been very sensitive in light of the goings on with North Korea and potential war outbreak. CAD has seen huge strength the last 6-8 weeks on the back of the Hawkish Tone set by the BOC and the fact they have raised interest rates. With many economists looking at 1.22 and 1.20 as potential downside targets, USD...

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GBPJPY has formed a morning star formation on the Weekly Timeframe, which signals a potential reversal opportunity, if we look closely we can also see we have made a higher low then the previous low on the weekly, again indicating the Bulls are coming back into the market, id be awaiting a pullback on the pair prior to entering Long, also I would await to see the...

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From the above Picture we can see a Head and Shoulder pattern has formed on NZDUSD Daily Timeframe. We have had a break and a retest on the Neckline, with the last daily candle finishing bearish. Although NFP figures came in under market forecast, it was still above the level the Fed Reserve are happy with 120k-150k they are happy with and figures showed 158k was...

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The Shooting Star formation was formed last week on the Daily and we have seen rejection from 1.2080 (yearly high) - On Friday - under forecast NFP failed to send the pair higher and it was rejected again but this time below 1.20 key level. Signaling a lower high being created. Just based on price action this could face further downside movement, with the market...

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A Client asked me my opinion on a Trade so I thought i would take the time to provide a full mark up and analysis for him on the pair in order to give him the best possible chance of success. AUDCHF is at a very interesting level, as it is showing potentially multiple technicals in this supporting either a bullish or bearish move, but we must await...

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Has EURUSD peaked at the 2 year high and starting market correction? On more recent time frames we have seen a clear break of a key level and the bullish trend line we can see on the 4H and been strongly breached. So what has caused this Euro Decline? The market are starting to anticipate that members of the ECB and getting concerned at the strength of their...

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The Charts are showing plenty on technical supporting further downside to the CADJPY pair. It has been held down on the 50% Fib retracement tool a number of days on the daily close. It is currently in a bear flag and using the bottom of it for support. Price Action is also showing signs off stronger rejection from the Strong resistance at 88.00. I will await a...

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With the JPY being the ultimate safe haven - with the threat of north Korea not going away we could see further strengthening of the pair, We have seen a Bounce off the Fib level and closed below the 50 - which has recently seen an upturn in usage on the Fib retracement, this is only an Intraday trade and are looking to scalp back down to 86.70 level. Due to the...

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AUD CAD has entered a Triangle and is currently in consolidation, awaiting a breakout and close above or below for confirmation of a buy or sell on the pair. Weak oil prices has unmoved the CAD in the last few trading days..... Please follow for entry and results

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Dollar Bias is bearish - after last nights missile test we waited for a retracement prior to entering a short position. we got a Bounce off the 61.8 area of the Fibonacci Retracement which is a Key level. Targets in mind is toward 106 level. Currently running 50 pips up

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Awaiting a Break of the neckline for a Bearish movement, Bounce of a significant level at the top on the daily - the 23.6 Fib is also being used for the neckline

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H and S strategy on USD JPY has formed, break of neck line - expecting short term bearish movement, Lack of Risk aversion is the only thing stopping me from shorting this FOMC meeting at 7pm later will cause huge volatility within the market, best to be out the position by then

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Gold has formed a Head and Shoulders and have seen a Break of the Neckline on the 1H chart, Expecting 70 pip move to the downside before reaching support

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Looking like Rejection from the top of the channel, expecting further downside movement towards 142.50 area could be a longer target TP set at 143.80