Gerry_Educate2trade

Gerry_Educate2trade

EURCAD Bullish technical view. In relation to the pair, again starting out on the higher timeframes structurally, we can see the consolidationary price action being observed from the 1.5100 handle. Firstly, we identified the potential Double Bottom structure being formed from the highlighted key zone as price continues to range between the two near term price...

Gerry_Educate2trade

CADCHF Bearish technical view. To begin on this pair, starting off by noting the clear Head & Shoulders structure/pattern that is developing. Noting the clear neckline at the 0.6800 handle and the shoulder level at the 0.6970. Last week we capitalised very nicely on the swing buy setup over the week as a carry trade into the shoulder level mentioned. Moving...

Gerry_Educate2trade

GBPAUD Analysis; From a technical point of price action is now in the initial consolidation phase accumulating volume and contracts within the 1.8950 to 1.9050 level. Price did get an initial spike to the upside this afternoon but unfortunately momentum was not sustained as price pulled back into the zone. In the shorter term for the upside movement to occur I...

Gerry_Educate2trade

GBPJPY Bearish Technical View. GBPJPY Structurally, is very similar approach to that of GBPUSD just analysed we can see a near identical move. This pair on the higher Daily timeframe saw massive sell off during March establishing lows at the 124.00 level. Subsequently, we then saw price retrace to the upside in what can be described as a relief rally. As such we...

Gerry_Educate2trade

GBPUSD - Updated Bearish Technical View. On the higher timeframe's structurally, we can see GBPUSD is continuing to range around the key Fib levels. Following the relief rally after the market crash in March. On the Daily timeframes, we can see clear the retest of the previous Descending Channel at the 1.2650 point noting the rejection off the 800 EMA on the 4hr...

Gerry_Educate2trade

NZDCAD long potential set up one bullish momentum has continued. Pair has respected the inverse head and shoulders and a succession of higher highs and lows has occurred. Currently retesting the recent breakout area and awaiting completion before entering. Target take profit area 0.885-.8900. Good luck!

Gerry_Educate2trade

EURUSD: Awaiting DXY Retracement to complete to enter this sell. Long term bias 1.10 Partial profits taken at 1.13 mark. Can see 50.0% pullback on this pair. Be mindful of a stop hunt up to the 1.1580 mark.

Gerry_Educate2trade

GBPJPY retesting secondary trendline. Potential buy on break and retest of this. Requirements for this to be successful. inverse head and shoulders on 1hr TF and a triple rejection at support.

Gerry_Educate2trade

Plotted the Fibonacci retracement level to AUDJPY in conjunction with the recent swing high and low points. In addition you will also see current price placed at the resistance Level 84.468 and just short of the 50.0 Fib Level. In the chart it is clear that this current price has been transformed from a key support area to a key resistance level. Awaiting bearish...