EURJPY is in downtrend like others JPY pairs. Wait for price retest 134.50 as a new resistance. Happy Trading...!
AUDUSD faces monthly chart fibonacci zone. Let the price move first. Wait for a bearish price action signal on 0.7935-0.7955 zone. A daily close above this zone will make invalid this bearish bias.
EURUSD break 1.2335 important support which now turned into resistance. Waiting for price retest the new resistance area and price action sell signal. Key support comes at 1.2090 Happy Trading...!
USDJPY retrace upside during it's strong downtrend. For this pair 110.20-110.30 is key. This is the horizontal resistance and fibo 61.8% level. I'm watching closely to forming price action sell signal on that level. My target will be near 108.10 Check my weekly chart analysis.
USDJPY price are going to test 7 years old trendline. Trendline meeting point is near 108.1 level. From the last year this pair are in ranging mood and the support of range is 108.10 level. Keep a close eye on 108.10 level. This level may be the reversal point for this pair. But we have some fundamental issue. Dollar budget bill not passed yet. That is why the...
Price testing previous high. If any sell signal formed go for short position. If break wait for retest and go long.
Cable break 1.3600 zone few days ago. I'm waiting to see the price retest broken level.
EURUSD break 1.2040-1.2090 important resistance zone few days ago. We can see some furthur bullish movement in EURUSD. But before that we can see retest the broken resistance which is now support. Wait for bullish price action signal in 1.2040-1.2090 level.
USDJPY breakout from trading range and the floor support was 112.05 . Now I'm very much interested about this pair. I'm waiting for price retest the broken support as a new resistance. 113.80 is the invalidation level for this setup. Target level is 110 and 108
For those that are looking at taking on bullish exposure in EUR/USD, a revisit to that trend-line can be an attractive thesis for looking to trigger long positions, as this could allow topside entries in a rather risk-efficient fashion. I'm looking price action at 1.1860-1.1880 level. Cheers..!
EURJPY was consolidate in 131.70 to 134.45 zone. Few days ago price breakout from this range. Now I'm looking for a formal retest on this pair and price action buy signal on 134.45 Happy Trading...!
USDCAD breakout from range and it makes me interested to sell on this pair. I'm looking for a retest at 1.2665 Next Support zone is 1.2430 & 1.2120
AUDUSD just come into a big confluence area where trendline support and horizontal support meets. Wait for price action at this level. Any price action bull signal indicate further strength in this pair.
EURNZD formed a double top pattern at 1.7396 resistance. The neckline for double top pattern is 1.7136 There is a rule for double top pattern which is this pattern become valid after the neckline break. So I will wait for neckline break. Target will be 1.6900 Happy Trading...!
Last week price break another important resistance. In this week watch for retest this zone as a new support. Key resistance comes in at 1.2040 Happy Trading...!
Hello Traders, Hope you are doing well. Few days ago I posted a trade idea of USDJPY with SL & TP. In that trade first target reached. You who couldn't pick the trade can get another chance to enter. Price break 111.70 zone which was our first target level. We can expect retest that level as a new resistance. If we get any price action sell signal we can go short...
NZDJPY has been trending lower recently while apparently trapped inside that there descending channel. Also price making lower high and lower low inside the channel. So we can expect new lower high in channel resistance and this is important. Important because we have got horizontal level at 78.20 and fibonacci 61.8% level also near 78.20 Waiting for price action...