Forexmani

Forexmani

USDCAD is at 1.3250 support region and a formation of inside bar shows likelihood of a reversal or continuation. It will be a good idea to wait and see how price closes on Monday.

Forexmani

Price is in an uptrend . We require a correction in lower time frames before placing long entries.

Forexmani

AUDUSD is in a strong uptrend and a correction is what is needed for a good trade towards the 0.73300. Alternatively price might proceed towards the 0.73300 weekly zone before correcting.

Forexmani Updated 

We broke the range and we have price making a correction to retest the broken range which coincides with 50 and 61.8 Fibonacci levels. This will provide a good opportunity to buy EURUSD. We should trade with confirmation though as price on the daily is within an inside bar. if broken on the lower then the setup could fail as well.

Forexmani

Oil has had a good rally up and has reached a crucial level where it is trading within the range of its "mother candle". If it breaks from the inside bar we will certainly be biased towards that direction of breakage.

Forexmani

We finally broke through our consolidation range and made a lower low. A correction back to the 96.00-96.23 (lower high) region will play out before we resume a move to create another lower low.

Forexmani Updated 

Rising wedge setup in 1hr timeframe of USDJPY. expecting a breakout to the downside.

Forexmani

AUDNZD break and close outside range and bullish engulfing confirms an opportunity for buy entries.

Forexmani Updated 

GBPCAD is still within the range. we anticipate a move possibly towards the bottom of the channel

Forexmani

Our anticipation of a long opportunity faded away when the daily candle closed below our consolidation rectangle. We will be looking for a continuation of short trend.

Forexmani

We were looking for a buy opportunity but unfortunately a false break (pinbar) of our consolidation box just showed us that the reversal is eminent. we shall check the smaller timeframes for short entries.

Forexmani

Last week we expected price to retest 0.67131 and head back down but after the strong bullish candle closure we find only a suitable buying opportunity for NZDUSD. we expect a correction then a long trade towards 0.6868.

Forexmani

We had a huge bullish daily candle. We expect a correction from our lower time-frames before placing a buy trade.

Forexmani

after the jobs report and powells dovish sentiment the EURUSD seems to be in a range yet. a breakout will certainly provide a trend direction.

Forexmani Updated 

We have a bearish inside bar with a break of trendline on the weekly pattern. 2019 might be a start for a bearish dollar. We will consider buying opportunities for GBPUSD and EURUSD .

Forexmani

A retest of the support 1.6949 required to proceed with the trend.

Forexmani Updated 

break and retest of the support zone presents an awesome opportunity to have a buy entry with first take profit at the upper level of the channel

Forexmani Updated 

We still are inclined to a AUDUSD short when price is below 0.7330. price broke our short term daily uptrend and is ready to go back to 0.69436. use smaller timeframes to take shorts. The prevailing sell off in stock markets might support the risk aversion theory.