FXforlife

FXforlife

I don't know about you guys but I hit this trade yesterday and I gave the full analysis on my Ideas page.

FXforlife

as we can see AUDJPY price has been on a going up for 6 out of the 7 days so far. we'll wait and see what price does at this weekly level in order to make a decision to buy or sell, but before we got so see if price ends the day above or below the weekly level.

FXforlife

price has too ways of going and it seems that AUDUSD is set to go in an up direction but we can't assume that until we see what price does at the daily level.

FXforlife

as we can see price has come up and tested a weekly resistance level. NZDUSD has come to this resistance level before and come back down so we wait and see what price does before making a decision.

FXforlife

price seems be going up after last weeks consolidation at the weekly level.

FXforlife

as we can see price is bouncing off the weekly support level, Price looks to be heading in the upward direction with a couple of indicators all Im waiting for is an engulfing close candlestick possibly in the H1 or H4 in order to jump in on GBPJPY.

FXforlife

as we can see the weekly level supported AUDUSD price. If price comes back down to that weekly level we will look for long opportunities.

FXforlife

as we can see price couldn't break resistance, meaning that look for any dollar pairs like AUDUSD to potentially go short on.

FXforlife

what we are waiting is to see if AUDUSD breaks a weekly level and potentially comes back and retest so that we may have a potential short position.

FXforlife

as we can see gold seems to being going in an uptrend to test a significant range and we'll wait and see what price does at the level 1900 to maybe short gold .